16.01.2014 - ETF investing strategies: Seven new ETFs in 2014
Exchange traded fund providers have kicked off the New Year by rolling out a batch of new funds onto the stock market. Van Eck Global introduced Market Vectors Short High-Yield Municipal Index ETF (SHYD) Tuesday. It holds 43 noninvestment grade, tax-free municipal bonds maturing in one to 10 years. During a time of rising interest rates, it delivers a yield greater than investment-grade bonds but with half the interest-rate risk, said Jim Colby, senior municipal strategist at Van Eck Global...............................................Full Article: Source
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