Fundamental Indexing Comes To Investment Grade Bond ETFs
April 15, 2011 at 13:53 PM EDT
State Street Global Advisors launched the SPDR Barclays Capital Issuer Scored Corporate Bond ETF (CBND) on Thursday (4/7/11). The underlying benchmark index intends to measure the performance of the U.S. corporate bond market. Instead of a traditional weighting methodology, individual issuers in the index are weighted (“scored”) on fundamental factors: return on assets, interest . . . → Read More: Fundamental Indexing Comes To Investment Grade Bond ETFs
