The Ameristock Corporation announced today that it has launched its first five Treasury exchange traded funds (ETFs). These fixed income ETFs will attempt to track certain U.S. Ryan Treasury securities indexes, according to Ameristock.com. Ronald J. Ryan created the first daily U.S. Treasury indexes in 1983, which are more specific than the Lehman Treasury indexes Ryan had previously developed. The new ETFs are:

• Ameristock/Ryan 1 Year U.S. Treasury ETF (GKA)
• Ameristock/Ryan 2 Year U.S. Treasury ETF (GKB)
• Ameristock/Ryan 5 Year U.S. Treasury ETF (GKC)
• Ameristock/Ryan 10 Year U.S. Treasury ETF (GKD)
• Ameristock/Ryan 20 Year U.S. Treasury ETF (GKE)

Although the yield curve is currently flat, fixed income ETFs should play a more important role in investors portfolio and short-term and long-term rates spread over time.