The ASX today announced the introduction of 3 new fixed income exchange traded funds (ETFs).
- iShares Core Cash ETF (ASX: BILL) which aims to track the S&P/ASX200 Bank Bill Index.
- iShares Enhanced Cash ETF (ASX: ISEC) which aims to provide excess returns over the S&P/ASX200 Bank Bill Index.
- BetaShares Australian Bank Senior Floating Rate Bond ETF (ASX: QPON) which aims to track the Solactive Australian Bank Senior Floating Rate Bond Index.
With these 3 new products, there are now 17 fixed income ETFs available to investors listed on the ASX.