The WisdomTree Japan Interest Rate Strategy Fund (JGBB) is an exchange-traded fund (ETF) that invests in short-term, investment-grade Japanese government bonds. The fund is designed to provide exposure to Japanese government bonds while mitigating interest rate risk through an actively managed approach to portfolio construction.
JGBB tracks the WisdomTree Japan Interest Rate Strategy Index, which is composed of Japanese government bonds with maturities between one and five years. The index aims to provide a higher yield than traditional short-term Japanese government bond benchmarks by using an interest rate management strategy.
The ETF was launched in June 2017 and has a net expense ratio of 0.15%. As of September 30, 2021, JGBB had total net assets of $14.04 million. The fund is traded on the NASDAQ exchange.
Investors looking for exposure to short-term Japanese government bonds may find JGBB to be a useful addition to their portfolios. However, as with any investment, it is important to carefully consider one's investment goals, risk tolerance, and overall financial situation before making any investment decisions.
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