The ETF provider is issuing a new range of defined maturity BulletShares ETFs to add to the 18-strong suite already available. With $988bn assets under management, the four emerging market ETFs will be supporting the 10 corporate bond ETFs and 8 high yield corporate bond ETFs already issued. The collection has a defined range of maturity from 2018 to 2028.
The four ETFs launching include:
- Invesco BulletShares 2021 USD Emerging Markets Debt ETF (BSAE)
- Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)
- Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)
- Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)
All four ETFs will be tracking the NASDAQ Bulletshares USD emerging markets debt indexes with altered maturity dates and is analysed and adjusted monthly. The EMD ETFs focus on US dollar-denominated bonds issued by companies, sovereign entities or governments and are associated with the emerging markets.
Jason Bloom, Director of Global Macro ETF Strategy at Invesco, explains: “An increasing number of investors are seeking opportunities in emerging markets debt, which offers relatively attractive yields based on comparable credit ratings. Using BulletShares as a means of holding bonds to maturity may help to insulate investors from the risk of rising rates while offering overall portfolio diversification.”
The developing suite of Invesco’s BulletShares ETFs are all included in the BulletShares ETF bond ladder tool. The tool allows investors to adjust the maturity and credit criteria when constructing a portfolio. By entering risk and maturity preferences, the user can set an investment goal and the tool tailors a personalised fixed income portfolio.