Claymore rolls out 7 corporate-bond ETFs with target dates

06/6/2010 | IndexUniverse.com · ETF Trends · ETFdb.com

Claymore Securities launched a series of exchange-traded funds focusing on investment-grade corporate bonds that is designed to protect investors from losses during periods of increasing interest rates. The target-date funds mature in 2011 to 2017, all with a 0.24% management fee. At maturity, each fund will close, distributing net assets to investors and giving them approximately the same results they would have obtained by holding underlying bonds to maturity.

View Full Article in:

IndexUniverse.com · ETF Trends · ETFdb.com

Published in Brief: