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ESGB - IQ Mackay ESG Core Plus Bond ETF

IQ Mackay ESG Core Plus Bond ETF logoThe IQ Mackay ESG Core Plus Bond ETF (ESGB) is an exchange-traded fund that seeks to provide exposure to U.S. investment-grade fixed income securities while incorporating environmental, social, and governance (ESG) factors in the security selection process. The ETF is managed by IndexIQ Advisors LLC and tracks the IQ Mackay ESG Core Plus Bond Index.

ESGB aims to provide broad-based exposure to the U.S. investment-grade fixed income market while focusing on companies that demonstrate a strong commitment to ESG practices. The fund seeks to achieve its investment objective by investing in a diversified portfolio of fixed income securities, which may include government bonds, corporate bonds, and mortgage-backed securities.

One unique aspect of ESGB is its use of a multi-factor ESG scoring system to select securities. The scoring system takes into account a variety of ESG factors, including climate change, diversity and inclusion, labor and human rights, and business ethics. The securities are then weighted according to their ESG scores.

ESGB's expense ratio is 0.18%, which is relatively low compared to other actively managed bond funds. As of September 2021, the fund had over $68 million in assets under management.

Investors considering ESGB should be aware of the risks associated with investing in fixed income securities, including interest rate risk, credit risk, and inflation risk. Additionally, ESG investments may be subject to greater volatility and potential losses due to the exclusion of certain sectors or companies from the investment universe.

Overall, the IQ Mackay ESG Core Plus Bond ETF may be a suitable option for investors looking to incorporate ESG considerations into their fixed income portfolios while maintaining broad exposure to the U.S. investment-grade bond market.




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