iShares Files for New Type of Muni Bond ETF [View article]
Could be a game changer but why pay 15+ basis points when you can buy individual muni's with the same maturity dates from most discount brokers and eliminate the annual costs of the middleman?
The positive in both scenarios is that buying either a 5-year muni or 5-year muni ETF and holding until maturity during a rising interest rate environment, will eliminate the losses of principal that should develop from ETFs like MUB and TFI.
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Could be a game changer but why pay 15+ basis points when you can buy individual muni's with the same maturity dates from most discount brokers and eliminate the annual costs of the middleman?
Oct 27 11:55 am
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All Comments by Indexor »iShares Files for New Type of Muni Bond ETF [View article]
The positive in both scenarios is that buying either a 5-year muni or 5-year muni ETF and holding until maturity during a rising interest rate environment, will eliminate the losses of principal that should develop from ETFs like MUB and TFI.