Guggenheim Launches Actively Managed Fixed-Income ETFs

The Guggenheim Enhanced Core Bond ETF seeks total return comprised of income and capital appreciation. The fund will normally invest at least 80% of its net assets in fixed income securities and will attempt to outperform the Barclays Capital U.S. Aggregate Bond index.  

The Guggenheim Enhanced Ultra-Short Bond ETF seeks maximum income, consistent with preservation of capital and daily liquidity. It will normally invest at least 80% of its net assets in fixed income securities. The fund uses a low duration strategy to seek to outperform the 1-3 Month Treasury Bill Index in addition to providing returns in excess of those available in U.S. Treasury bills, government repurchase agreements, and money market funds. The fund is not a money market fund and thus does not seek to maintain a stable net asset value of $1.00 per share, the company said.

“These new actively managed funds combine the benefits of active management—including a rigorous, risk-managed security selection process and the potential to outperform a benchmark index—with the multi-faceted advantages of the ETF structure,” said Steve Baffico, Senior Managing Director.