Fixed Income

Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Jun 30th, 2017 | By
Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Guggenheim Investments has changed the name of the Guggenheim Enhanced Short Duration ETF to the Guggenheim Ultra Short Duration ETF. The actively managed fund, which has over $1.1 billion in assets under management, will keep its ticker symbol (NYSE Arca: GSY). William H. Belden, managing director and head of ETF business development for Guggenheim Investments, said: “GSY can be used for tactical cash positions to deliver potentially greater return than cash as well as liquidity for non-immediate needs.”

Citi expands WGBI and onshore China bond index suites

Jun 29th, 2017 | By
Citi expands WGBI and onshore China bond index suites

Citi has introduced several new additions to its flagship Citi World Government Bond Index (WGBI) family and its Onshore Chinese Bond Index family.

WisdomTree launches Canada aggregate bond ETF

Jun 26th, 2017 | By
WisdomTree launches Canada aggregate bond ETF

WisdomTree has unveiled the WisdomTree Yield Enhanced Canada Aggregate Bond Index ETF (Toronto: CAGG). The fund tracks the Bloomberg Barclays Canadian Aggregate Enhanced Yield Index, a rules-based index designed to provide exposure to Canadian investment grade bonds while enhancing yield.

First Trust launches California municipal high income ETF

Jun 22nd, 2017 | By
First Trust launches California municipal high income ETF

First Trust Advisors has launched the First Trust California Municipal High Income ETF (Nasdaq: FCAL), providing income that is exempt from regular federal income taxes and California state income taxes with long-term capital appreciation as a secondary objective.

SPDR ETFs’ Bartolini encourages investors to look beyond “Agg”

Jun 16th, 2017 | By
SPDR ETFs: Four principles for building your core portfolio

Investors looking for US broad aggregate fixed income exposure may wish to look beyond ETFs tracking the Bloomberg Barclays US Aggregate Bond Index (“Agg”), according to Matthew Bartolini, head of SPDR Americas research at SSGA.

VanEck: Why is China excluded from global bond indices?

Jun 15th, 2017 | By
VanEck: Your emerging markets bonds allocation may now be “junk”

By Fran Rodilosso, head of fixed income ETF portfolio management at VanEck.

A somewhat incredible fact of global bond markets is that the third largest market in the universe is not included in any major index. The reason for this is that the onshore Chinese bond market was, until several years ago, closed to foreign investors. However, a very deliberate, and sustained liberalisation will lead to changes for onshore Chinese bonds.

Solactive launches Australian bank floating rate bond index

Jun 14th, 2017 | By
Solactive launches Australian bank floating rate bond index

Frankfurt-based Solactive has launched its first index targeting the Asia-Pacific region with the introduction of the Solactive Australian Bank Senior Floating Rate Bond Index.

Goldman Sachs unveils ‘Access’ series with corporate bond ETF launch

Jun 12th, 2017 | By
Goldman Sachs unveils ‘Access’ ETF series with corporate bond fund launch

Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSE Arca: GIGB), tracking the performance of US dollar-denominated investment grade corporate bonds.

Blackrock expects $300bn flows into bond ETFs from US insurers

Jun 7th, 2017 | By
BlackRock launches iShares MSCI Europe Mid Cap ETF

New rules from the National Association of Insurance Commissioners (NAIC) could pave the way for insurance companies shifting more than $300 billion into fixed income ETFs over the next five years, according to BlackRock.

Horizons ETFs reduces management fee on Candian select universe bond ETF

Jun 7th, 2017 | By
Horizons launches active equity dividend ex-North America ETF

Horizons ETFs has announced it will reduce the management fee on the Horizons Canadian Select Universe Bond ETF (Toronto: HBB) from 0.15% to 0.09% as of 1 July 2017. Steve Hawkins, president and Co-CEO of Horizons ETFs, said: “With a combination of low yields and the always-looming prospect of rising interest rates, it’s essential for Canadian fixed income investors to reduce the cost of their bond exposure to ensure they preserve more of their returns.”