iShares has launched two multinational inflation-protected bond funds.
May 22, 2011
iShares has launched two multinational inflation-protected bond funds, Index Universe reports. The new rolled out portfolios are the iShares Global Inflation-Linked Bond Fund and the iShares International Inflation-Linked Bond Fund.
The global inflation-linked fund consists of 167 issues from 17 developed and emerging economies, while the other fund also comprises debt from the same countries, except the U.S. The international inflation-linked fund tracks the BofA Merrill Lynch International Diversified Inflation-Linked Index and the global inflation-linked portfolio is benchmarked against the BofA Merrill Lynch Global Diversified Inflation-Linked Index.