Ult-6
  • Why Ultumus
  • Our Products
    • Global Index Aggregation
    • Global ETF Aggregation
    • PCF Calculation
    • Global Dividend Forecast
    • Global Corporate Action Service
    • Cosmos ETF Create / Redeem Platform
  • Use Cases
    • ETF Issuers
    • Market Makers
    • Asset Managers & Investor Services
    • Equity Derivatives & Index Trading
    • Case Studies
  • News & Insights
    • Global Index Rebalance Calendar
    • Insights
    • News
    • Restricted Content
  • User Guides
    • PULSE - API
    • COSMOS – Create/Redeem Platform
    • IRONHIDE – Data & Tools UI
  • Contact Us
  • Login

News , bernie thurston

Ultra Short Duration

By Bernie Thurston
April 23, 2019

USA

Principal lists actively managed ultra short duration ETF

Principal Global Investors is listing a new actively managed short duration bond ETF, in what is becoming a popular listing area in the ETF industry.

The Principal Ultra-Short Active Income ETF (USI) will invest in investment-grade bonds and other debt securities. The fund can invest in debts from any government or company but will concentrate on debts from the US financial services industry.

The fund will maintain an average effective maturity of three years or less and an average portfolio duration of one year or less. The fund will charge 0.18%. 

Beyond this, the prospectus doesn’t give away too much.  


Subscribe to our Blog Notifications

All posts
About Author
Bernie Thurston

You might also like
Duration and Debt
Duration and Debt
April 23, 2019
Yoda vs Jedi
Yoda vs Jedi
April 23, 2019
IShares Inflates
IShares Inflates
April 23, 2019
Ult-6-wit

Our market leading technology powers four highly customizable solutions.

Products
  • Index Aggregation
  • ETF Aggregation
  • PCF Calculation
  • Dividend Forecast
  • Global Corporate
    Action Service
  • Cosmos ETF Platform
Site map
  • Why Ultumus
  • Our Products
  • Insights
  • Contact Us
Contact Us
  • +44 (0) 203 998 2500
  • info@ultumus.com

©2022. All rights reserved