No. of Recommendations: 0
Powershares announced some new fixed-income ETFs, and one seems to be the sort of bond fund that even bond fund haters would like.

Here's what the press release says:

"The PowerShares 1-30 Laddered Treasury Portfolio is based on the Ryan/Mergent 1-30 Year Treasury Laddered Index, which measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally-weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual laddered structure. The 1-30 Laddered Treasury Portfolio will generally consist of 30 Treasury issues with maturities approximately one year apart, and seeks to replicate the composition and match performance of this index, before fees and expenses. All U.S. Treasury securities are issued by and backed by the U.S. Government. The PowerShares 1-30 Treasury Ladder Portfolio participates only in U.S. Treasuries that have a fixed maturity dates, and no call provisions."

http://biz.yahoo.com/iw/071008/0312030.html
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.