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IShares Floats Two U.S. Bond Funds

IShares has rolled out two U.S. fixed-income exchange-traded funds as demand for bond funds grows.

IShares has rolled out two U.S. fixed-income exchange-traded funds (ETFs) as demand for bond funds grows. The funds from the Blackrock platform will leverage the local portfolio management and trading expertise in its U.S. team.

The IShares Markit iBoxx $ High Yield Capped Bond fund is a Dublin-domiciled, physically based ETF, which will track the performance of the Markit iBoxx USD Liquid High Yield Capped index. The IShares Barclays Capital US Aggregate Bond fund provides broad-based exposure to the dollar-denominated, investment-grade, fixed-income market. Both portfolios will be listed on the London Stock Exchange.

Click here for the release from IShares.

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