Bond ETF 00953B Set to Debut on 8/5 with 'Credit Factor Weighting'

Reported about 1 year ago

The Yuanta Optimal Non-Investment Grade Bonds ETF (00953B) has been approved by the Financial Supervisory Commission for fundraising and is set to open on August 5th. This bond ETF is Taiwan's first to adopt a 'credit factor weighting' approach, focusing on mature market credit and aiming to appeal to conservative bond investors with a yield of over 6%. The ETF tracks the ICE 1-5 year BB-B rated mature market credit index and employs a unique selection methodology based on credit ratings, credit spreads, countries, and liquidity.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis