The SPDR SSgA Income Allocation ETF (NYSEArca: INKM) now charges 0.50% per year, or $50 on a $10,000 investment, down from 0.70%. INKM holds ETFs that track yield producing assets like convertible bonds, debt securities, global equities, preferred stocks and real estate securities.
The SPDR SSGA Multi-Asset Real Return ETF (NYSEArca: RLY) also saw its expense ratio reduced to 0.50% per year, or $50 on a $10,000 investment, down from 0.70%.
RLY “wns a portfolio of commodity funds, natural resource stocks, TIPS, real estate, and infrastructure companies in the form of low-cost index funds. RLY lets investors participate in the rising prices of these assets to help offset purchasing power headwinds,” according to FMD Capital.
For more on the bond market, visit our Fixed Income Channel.