 The
1-5 Year U.S. Aggregate Nushares ETF (NUSA) is a fixed-income
exchange-traded fund (ETF) that seeks to provide investment results
that correspond generally to the price and yield performance of the
ICE BofAML 1-5 Year US Broad Market Index.
The fund invests
primarily in a portfolio of investment-grade debt securities issued by
the U.S. government, U.S. corporations, and foreign governments. The
fund's portfolio is constructed using a representative sampling
indexing strategy, which means that it may invest in a subset of
securities in the underlying index rather than all of them. The ETF
may also hold cash and cash equivalents.
The objective of the
ETF is to provide investors with exposure to short-term
investment-grade fixed-income securities with maturities ranging from
one to five years. The ETF's short duration can help to reduce
interest rate risk, making it a potential choice for investors who are
looking for a low-risk fixed-income investment.
The fund's
expense ratio is 0.15%, which is relatively low compared to other
fixed-income ETFs. As of September 2021, the fund had assets under
management of over $4 billion.
Investors who are looking for a
low-risk fixed-income investment option with a short duration may find
the NUSA ETF to be a suitable choice. However, as with any investment,
it is important to consider the risks and perform due diligence before
investing.
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