FYI: Invesco is listing two more multi-factor bond ETFs, this time targeting defensive and income opportunities. Both funds track an “index of indexes” where the underlying indexes are made of lots of little Invesco sub-indexes.
Invesco Multi-Factor Defensive Core Fixed Income ETF (IMFD)
Invesco Multi-Factor Income ETF (IMFI)
Regards,
Ted
http://www.etfstream.com/news/5293_invesco-widens-smart-beta-bond-fund-offering