Bond ETF Investing: 1q19 report

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1. Bond indices have evolved from being simple broad benchmarks to span more targeted dimensions of the bond market

2. Increased granularity enables investors to use bond ETFs not only for broad access to the bond market, but also specific portfolio applications, such as yield pick-up, inflation protection and duration targeting

3. The efficiencies of the ETF structure means that investors can access these exposures in a way that is targeted, transparent and liquid

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