New Junk Bond ETFs

New Junk Bond ETFs
Wednesday February 9, 2011

Today we have 4 new target-date junk bond ETFs from Guggenheim (formerly known as Claymore)...

* BSJC - The Guggenheim Bulletshares 2012 High Yield Corporate Bond ETF
* BSJD - The Guggenheim Bulletshares 2013 High Yield Corporate Bond ETF
* BSJE - The Guggenheim Bulletshares 2014 High Yield Corporate Bond ETF
* BSJF - The Guggenheim Bulletshares 2015 High Yield Corporate Bond ETF

The company had seven similar ETFs launch last June, but they were not high yield corporate bond ETFs like these. And Guggenheim has plans for some more of these target-date ETFs, that extend beyond these years.

There's no doubt junk bond ETFs are popular as of late, but investors must be careful in the analysis and research. And as of today these bond ETFs are trading around $25-$26.

Disclosure NONE

New Currency-Hedged ETFs Coming Soon

There are 5 new currency-hedged ETFs in the works from Deutsche Bank...

* DBBR - DBX Brazil Currency-Hedged Equity Fund
* DBCN - DBX MSCI Canada Currency-Hedged Fund
* DBEM - DBX MSCI Emerging Markets Currency-Hedged Equity Fund
* DBEF - DBX MSCI EAFE Currency-Hedged Equity Fund
* DBJP - DBX MSCI Japan Currency-Hedged Equity Fund

The strategy behind the new ETFs is utilize forward contracts to keep fluctuations in the price of the currencies under control and minimize the risk.

The new funds are near launch and just recently disclosed their underlying benchmarks. And as you can see, they have their names and symbols. When they are ready to go, I'll be sure to let you know, so stay tuned.

Disclosure none