Defined-maturity funds can offer investors security while hedging against rising interest rates.
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Though it can be tricky to model in financial planning software, using a TIPS ladder to delay Social Security is a powerful strategy.
Vanguard’s first target-maturity ETFs designed for bond ladders launched today, while there are a number of new BulletShares ETFs slated for Invesco’s lineup.
The company is planning to add 10 target-maturity ETFs. Vanguard and State Street have also moved to fill out their bond-ladder lines.
The bond ladder ETFs come with a target date and can help advisors build income for clients’ major life events.