] wants to add a high yield corporate bond ETF to their line up.
Index universe reports
that the Markets Vector High Yield/Treasury Bond ETF
will give a purer exposure to credit risk and will try to hedge interest rate risk.
The filing said "hedging does not eliminate credit or interest rate risk, and may result in foregone gains if interest rates decline," according to the report.
This ETF's strategy is similar to First Trust's active long-short active bond ETF.
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