November 10, 2008 at 6:00 am by Tom Lydon
The volatility in the market has placed a new focus on fixed-income products such as exchange traded funds (ETFs) offering access to municipal and agency markets.
Barclays Global Investors launched two new ETFs that respond to the latest market demand.
According to David Hoffman for Investment News, the new ETFs are:
- iShares S&P Short Term National Municipal Bond Fund (SUB), 0.25% expense ratio
- iShares Barclays Agency Bond Fund (AGZ), 0.20% expense ratio
SUB measures the performance of the short-term investment grade U.S. muni bond market. AGZ tracks the performance of the agency sector within the U.S. government bond market.
Tags: AGZ, Municipal Bonds, Sector ETFs, SUB
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