The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, May 31, 2013|
WSJ Sees Bond ETFs Take a Beating
Credit market pain is hitting ETFs even harder.
In the "MoneyBeat" blog, Matt Wirz of the Wall Street Journal points that, even as two corporate bond indexes dropped 2.06 percent and 2.67 percent each, respectively, over one month, the iShares iBoxx $ Investment Grade Corporate Bond Fund [profile] fell 2.98 percent.
The piece highlights the way in market woes can cause fixed income ETFs extra pain when the market misbehaves. Calvert [profile] senior analyst James Lee, iShares fixed income investment strategy chief Matt Tucker, and Janus [profile] fixed income chief investment officer Gibson Smith all weighed in for the article.
Printed from: MFWire.com/story.asp?s=44033
Copyright 2013, InvestmentWires, Inc.
All Rights Reserved