Reported 9 months ago
As the trend of bond ETFs fundraising continues to burn on, this year has seen multiple US bond and financial bond ETFs continuously raising more funds. Last year, there were nearly 50 approved extensions for bond ETFs from ten investment companies, and this year, large investment company-affiliated bond ETFs have raised funds more than 20 times, matching the fervor of last year. With over 20 approved extensions in the first half of this year, the overall heat of bond ETF fundraising is on par with last year. Analysts have attributed the increased interest in bond ETFs this year to the stability and hedging functions provided by US government bonds, as well as the historical performance during interest rate change cycles. Financial bonds have also become a target for market funds along with long-term US bond and investment-grade bond ETFs.
Source: YAHOO