iShares has a new corporate bond ETF in the works that will exclude financials...
- iShares Corporate Bond Fund
According to the filing the index and fund will hold U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. issuers, that have $250 million or more of outstanding face value at the time of inclusion. However, the actual benchmark has not been named yet. Also, it will not include debt from financial-issuers.
Once there are more details, I will let you know on this blog. In the meantime you can check out other corporate bond funds on the...
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