Taking advantage of the seemingly insatiable investor desire for yield, iShares, the proprietor...

|About: iShares iBoxx $ Investme... (LQD)|By:, SA News Editor

Taking advantage of the seemingly insatiable investor desire for yield, iShares, the proprietor of the $25B Investment Grade Corporate Bond ETF (LQD), files to launch the Corporate Bond ETF. The new fund will attempt to appeal to a more risk-averse investor in that it won't invest in the paper of financial firms (which tends to have wider spreads than other sectors).