FYI: Shares made headlines last week by slashing fees in seven of its fixed-income ETFs and four equity funds. In that announcement, the asset manager also said four of those bond ETFs were getting new indexes later this summer.
The ETFs getting new benchmarks (and new names and tickers) include the iShares 1-3 Year Credit Bond ETF (CSJ), the iShares Intermediate Credit Bond ETF (CIU), the iShares 10+ Year Credit Bond ETF (CLY) and the iShares U.S. Credit Bond ETF (CRED).
Regards,
Ted
http://www.etf.com/sections/features-and-news/impact-ishares-bond-etf-index-changes
