Fixed income exchange - traded funds (ETFs), whose shares are traded on major stock exchanges, are a special
type of mutual fund designed to track the performance of a specific bond market index.
In fact the 5 main components to consider when
designing any
type of stock or
mutual fund portfolio; answering the question
of what
type of investments you need to have and based on percentages
of these sectors used what is your time horizon.
Such securities primarily include: (1) exchange traded
funds («ETFs») and mutual funds (together with ETFs, «Underlying Funds») that primarily invest in or are otherwise exposed to domestic and foreign securities of the asset type applicable to each Fund; (2) derivative instruments designed to replicate some or all of the features of an underlying portfolio of the security type applicable to each Fund; (3) other U.S. or foreign securities of the asset type applicable to each Fund; and (4) U.S. or foreign cash equival
funds («ETFs») and
mutual funds (together with ETFs, «Underlying Funds») that primarily invest in or are otherwise exposed to domestic and foreign securities of the asset type applicable to each Fund; (2) derivative instruments designed to replicate some or all of the features of an underlying portfolio of the security type applicable to each Fund; (3) other U.S. or foreign securities of the asset type applicable to each Fund; and (4) U.S. or foreign cash equival
funds (together with ETFs, «Underlying
Funds») that primarily invest in or are otherwise exposed to domestic and foreign securities of the asset type applicable to each Fund; (2) derivative instruments designed to replicate some or all of the features of an underlying portfolio of the security type applicable to each Fund; (3) other U.S. or foreign securities of the asset type applicable to each Fund; and (4) U.S. or foreign cash equival
Funds») that primarily invest in or are otherwise exposed to domestic and foreign securities
of the asset
type applicable to each
Fund; (2) derivative instruments
designed to replicate some or all
of the features
of an underlying portfolio
of the security
type applicable to each
Fund; (3) other U.S. or foreign securities
of the asset
type applicable to each
Fund; and (4) U.S. or foreign cash equivalents.