Futures Playing an Increasingly Important Role in Bitcoin etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
James Mueller
Times correspondent
David Knezz somehow knew trading options on the Chicago Board Options Exchange wasnât his true calling in this life.
Visual and performing arts. Far more intriguing.
But what of his exasperated father simmering at home?
âHe told me to ⦠get a job! â chuckled the master mask maker, over a clear line from his studio in Homer Glen. There he has molded masks in clay and latex and more exotic materials for more than three decades. Anything from Mr. Magoo and The Wizard of Oz to one-off personalized masks of anybody youâd care to re-create.
Vanguard today introduced its first active bond ETF, managed by its in-house fixed income team. The
Vanguard Ultra-Short Bond ETF (VUSB) offers a low-cost, diversified option for investors seeking income and limited price volatility. The ETF, which is listed on the Chicago Board Options Exchange (Cboe), has an expense ratio of 0.10%, compared to a categorical average of 0.22%.
The “Vanguard Ultra-Short Bond ETF offers the features of an ETF structure for investors seeking an option for anticipated cash needs in the range of 6 to 18 months,” said Kaitlyn Caughlin, head of Vanguard Portfolio Review Department. “An ultra-short strategy bridges the gap between money market funds offering a stable share price and short-term bond funds, which are meant for longer investment time horizons.”
Vanguard Lowers Fees for Target Retirement Trusts
Vanguard has announced it is lowering fees for its Target Retirement Trusts by 5% to 10% across the board, saving investors an estimated $20 million.
Effective as of April 1, fees will fall between 0.25 basis points (bps) and 0.5 bps, depending on which program a client is invested in.
This fee reduction for Vanguard Target Retirement Trusts follows Vanguard’s announcement in December of new lower minimums for the Vanguard Institutional Target Retirement Funds. The lower minimums saved investors an estimated $16 million as more participants gained access to lower-priced funds.
Vanguard Target Retirement Trusts are organized as collective investment trusts (CITs), a type of pooled account that capitalizes on the economies of scale of larger workforces to lower costs. The trusts offer multiple price points so clients can reap the benefits of lower fees as plan assets grow.
DraftKings and the Growing Shift to Sports Betting moneyshow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyshow.com Daily Mail and Mail on Sunday newspapers.