FlexShares, the tenth-largest US exchange-traded fund issuer better known for its suite of “smart-beta” and self-indexed funds, recently launched a US-focused fixed-income fund that puts the spotlight on the middle-maturity offerings. Northern Trust’s ETF-unit unveiled the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR), an intermediate-dated bond-fund that focuses on investment-grade corporate bonds with maturities ranging from two to 10 …
New ETFs On The Block: Advisorshares Yieldpro ETF (YPRO)
AdvisorShares, the Bethesda, Maryland-based issuer better known for its offerings in actively-managed exchange-traded funds, has expanded its portfolio range with the launch of the AdvisorShares YieldPro ETF (YPRO). The new fund provides investors a new play in the high yield space while controlling volatility. California-based investment advisory firm The Elements Financial Group LLC, which is also advisor for the AdvisorShares …