Even investment-grade corporate bonds and the corresponding exchange traded funds have been highlighted in some circles as vulnerable to rising interest rates and issuance of such bonds has slumped in recent months, but that combination of negative factors could actually spell opportunity.
So it is possible the newly minted FlexShares Credit-Scored US Long Corporate Bond Index Fund (NASDAQ: LKOR), which is a different spin on the prosaic investment-grade corporate bond ETF investors are used to, could be a well-timed idea. LKOR follows the Northern Trust Credit-Scored US Long Corporate Bond Index, “a newly developed credit index focused on U.S. long maturity corporate bonds,” according to FlexShares, a unit of Northern Trust (NASDAQ: NTRS).
Related Link: Dancing In September...For Bond ETFs
Advisors and investors have no shortage of investment-grade corporate bond ETFs from which to ...
/www.benzinga.com/news/15/09/5867637/a-new-spin-on-corporate-bond-etfs alt=A New Spin On Corporate Bond ETFs>Full story available on Benzinga.com
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