Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The Gotham Goliath Adds a Smart Beta Bond ETF Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 18, 2021

The Gotham Goliath Adds a Smart Beta Bond ETF

Reported by Neil Anderson, Managing Editor

An ETF industry titan recently rolled out a smart beta bond fund.

Andrew Ang
BlackRock
Head of Factor Investing Strategies
Last Thursday, Karen Schenone, head of U.S. fixed income strategy at iShares, and Andrew Ang, head of factor investing strategies at BlackRock [profile] (iShares' parent), unveiled the new iShares USD Bond Factor ETF. The fund debuted on October 12 and uses the USBF ticker on the Nasdaq.

BlackRock Fund Advisors serves as the new fund's investment advisor. James Mauro and Scott Radell PM the fund, which tracks the BlackRock USD Bond Factor Index. The fund's expense ratio is 18 basis points.

Schenone puts the launch in the context of "historically low yields" and notes that the index that the new fund tracks "systematically looks at all types of bonds."

"USBF's investment strategy harvests the value factor to identify underpriced securities, while using the quality factor to uncover the investment grade and high-yield corporate bonds that exhibit lower probabilities of default," Ang states.

Other service providers on the new fund included: BlackRock Index Services, LLC as index provider; BlackRock Institutional Trust Company, N.A. (BTC) as securities lending agent; BlackRock Investments, LLC as distributor; PricewaterhouseCoopers LLP as independent accounting firm; State Street Bank and Trust Company as administrator, custodian, and transfer agent; and Willkie Farr & Gallagher LLP as counsel. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use