Goldman Sachs Launches 2 New Active Bond ETFs

Goldman Sachs Asset Management launched new funds that were traded in the exchange of bonds on Thursday, as more investors are looking for active management in the comfortable ETF cover.

the Goldman Sachs Core Bond Etf (GBND) It aims to provide capital and income assessment by investing in the first place via fixed -income securities in the United States, including government bonds, pre -assets and corporate bonds. It is designed to serve as a fundamental, fixed -income solution and will be managed by the company’s multi -sedative income team, according to a press statement. The cost of the fund of $ 20 million is an administrative fee of 0.25 %.

the Goldman Sachs Corporate Bond Etf (Gigl) It also aims to provide an estimate of investors and capital income, but it focuses on the bonds of companies of the investment degree: at least 80 % of the assets in corporate bonds are usually invested, although it is also possible to invest in other places, including fixed -income securities in the American government and high -resolution securities. The Fund of $ 11.3 million, which is run by the Goldman Sachs global credit team and seeks to track the performance of the Bloomberg US Credit index, is 0.29 %.

Brendan McCarthy, Global president for the ETF distribution at Goldman Sachs Asset Management, told ETF.com, GBND and Gigl as a result of investors’ request for strategies active in fixed income.

“In particular, we hear the acknowledgment that the active style provides the manager with a greater opportunity to provide performance by choosing safety, rotating the sector and a proactive Macro’s approach,” McCarthy said.

Alison Schope, head of the global products strategy at Goldman Sachs Asset Management, said in a statement issued in the press statement that customers are also looking for solutions that benefit from active management but come with the benefits and transparency of ETF cover.

The company said that Goldman Sachs asset asset assets run 61 ETF strategies all over the world, which represents more than $ 40 billion in total assets from the end of April. The first appearance of the new fund comes amid the increasing appetite for investing investment funds managed by activity: the active circulating investment funds recently have been destroyed by their negative counterparts in the ETF market with a value of $ 11 trillion, according to data from Bloomberg Intelligence

“We are committed to providing strengths on our customer investment platform via ETF cover,” McCarthy said. “GBND and Gigl are supported by resources, expertise and discipline for income and broader income liquidity solutions that oversee more than $ 1.75 trillion of assets.”