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This ETF Acts Like A Bond And Will Give $800 Million Back To investors
FYI: It's the opposite of how most fund companies operate. But on Dec. 31, Guggenheim Investments expects to let about $800 million head out the door from just one product line. At the end of next year, that number is expected to more than double, to an estimated $1.7 billion. Regards, Ted http://www.investmentnews.com/article/20141120/FREE/141129993?template=printart
Seem like a convenient way to diversify as well as ladder a bond portfolio without having to own individual bonds. Pooling these bonds into a larger etf portfolio would seem to lower the impact of default risk.
Comments
I like the idea...thanks for posting.
Regards- OJ