Invesco has unveiled four US Treasury bond ETFs in a move to expand its core offering in the fixed income space.
The ETFs are listed on the London Stock Exchange with a total expense ratio (TER) of 0.06%, which the firm claim are the lowest for US Treasury bond ETFs in Europe. Rebalanced monthly, the fours ETFs have maturities of 1-3 years, 3-7 years, 7-10 years and broad exposure across the full maturity spectrum. They will track the relevant Bloomberg Barclays US Treasury Total Return USD Unhedged indices. The ETFs will be managed by the firm's fixed income ETF portfolio management team led by Invesco's head of ETF portfolio management Raphael Stern, who joined from Deutsche Bank in Novembe...
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