From Pulse 2.0 · Amit Chowdhry · · 1m 10s
Corgi Invest Launches 14 Low-Fee Fixed Income ETFs
Corgi Invest launches 14 fixed income ETFs with fees as low as 0.02%.
In brief
Corgi Invest launches 14 fixed income ETFs with fees as low as 0.02%. Corgi Invest launched 14 fixed income ETFs with annual expense ratios as low as 0.02%. Originally reported by Pulse 2.0.
Corgi Invest Launches 14 Fixed Income ETFs
Corgi Invest has launched 14 fixed income exchange-traded funds spanning U.S. Treasuries, Treasury Inflation-Protected Securities, aggregate bonds, investment-grade corporate bonds, high-yield credit, and fallen angels.
Annual Expense Ratios Range from 0.02% to 0.08%
Seven of the new ETFs carry an annual expense ratio of 0.02%, equivalent to approximately $2 in annual fund operating expenses for every $10,000 invested, assuming the investment value remains constant.
Lowest-Priced ETFs Include Treasury and Corporate Bonds
Among the lowest-priced products are the Corgi FTSE U.S.Treasury Bond ETF (UB), Corgi FTSE U.S.TIPS Bond ETF (TTTT), Corgi FTSE U.S.Aggregate Bond ETF (AGGB), and Corgi FTSE U.S.
Competing ETFs Have Higher Expense Ratios
Corgi highlighted fee differences between several of its funds and established ETFs. TTTT carries a 0.02% expense ratio compared with 0.18% for the iShares TIPS Bond ETF and 0.03% for the Schwab U.S. TIPS ETF.
The main idea
Corgi Invest launched 14 fixed income ETFs with annual expense ratios as low as 0.02%.
