On April 5th, iShares released two ETFs which provide access to multi-asset income and the global high yield corporate bond markets.
The iShares Morningstar Multi-Asset Income Index Fund [IYLD] has an expense ratio of 0.60 percent. Info Sheet
The iShares Global High Yield Corporate Bond Fund [GHYG] has an expense ratio of 0.40 percent. Info Sheet
First Trust filed papers with the SEC to gain approval to bring to market an ETF that mimics hedge funds. The First Trust Hedge Fund Manager Holdings Index will track the Wells Fargo Hedge Fund Manager Holdings Index. The tracking index measures the performance of the 100 largest publicly traded positions in equities and equity-related securities reported. The First Trust Hedge Fund Manager Holdings Index will hold the positions that hedge fund managers own, according to their Form 13F filings that managers file with the SEC 45 days after the end of each quarter.