IShares plans target-date ETF focused on corporate bonds

06/5/2013 |

IShares has filed a registration statement with the Securities and Exchange Commission for a target-date corporate-bond exchange-traded fund that expires in 2023. The iSharesBond 2023 Corporate Term ETF would hold debt issued by financial and nonfinancial companies, unlike the iSharesBond 2023 Corporate ex-Financials Term ETF, an existing sister product that excludes financial companies.

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