Trade Invesco BulletShares (R) 2023 USD Emerging Markets Debt ETF - BSCE CFD

Invesco BulletShares (R) 2023 USD Emerging Markets Debt ETF Company profile

This ETF is a relatively recent innovation in the bond ETF space. BSCE offers focused exposure to investment grade corporate bonds maturing in 2014, making it much more granular than many other products. Most bond ETFs focus on securities maturing within a certain number of years (such as 1-5 year Treasuries or 20+ year corporate bonds). These bond ETFs generally operate indefinitely, maintaining a similar duration and interest rate risk across time and reinvesting any proceeds from the sale of component bonds into new securities. BSCE is different in that it has a target maturity date and will eventually close down after the underlying bonds have reached maturity and the principal has been distributed to shareholders (over time, BSCE’s portfolio will gradually shift to cash). As such, this product will deliver a “yield experience” that is more similar to holding an individual bond; investors in BSCE will receive periodic interest payments as well as repayments of principal when the underlying bonds reach maturity. Unlike holding a single bond, however, BSCE provides diversification across sectors and issuers—reducing risk in the process. The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index.