MutualFundWire.com: iShares Will Offer Active Access to Sovereign Debt
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, March 8, 2012

iShares Will Offer Active Access to Sovereign Debt


BlackRock's iShares [profile] unit is working on an actively-managed, sovereign fixed income exchange-traded fund for launch sometime this year [filing]. IndexUniverse picked up on the filing, which iShares submitted on Monday.

iShares offered no timing specifics, ticker, or expense ratio for the planned ETF, called the iShares Sovereign Screened Global Bond Fund.

IndexUniverse noted that, like the fundamentally-weighted WisdomTree Emerging Markets Local Debt Fund, iShares' planned ETF could escape the pitfalls of traditional bond fund benchmarks by avoiding the pitfalls of market-capitalization-weighted passive sovereign bond investing, which piles up on the debt of the biggest issuers, i.e. the most indebted countries.


Printed from: MFWire.com/story.asp?s=39402

Copyright 2012, InvestmentWires, Inc.
All Rights Reserved
Back to Top