BWZ Profile
BWZ
(Short-Term International Treasury Bond ETF SPDR) is an
exchange-traded fund (ETF) that seeks to provide investors with
exposure to short-term international government bonds. The ETF is
managed by State Street Global Advisors, a global asset management
firm.
As a short-term international government bond ETF, BWZ
invests primarily in short-term government bonds issued by foreign
governments. The ETF seeks to track the performance of the Barclays
1-3 Year Global Treasury ex-US Capped Index, which is a benchmark that
tracks the performance of short-term government bonds issued by
foreign governments.
As of September 2021, the BWZ ETF had
total net assets of around $720 million and was invested in a
diversified portfolio of short-term international government bonds.
The fund's holdings are managed by the investment professionals at
State Street Global Advisors, who have extensive experience in
managing fixed-income ETFs.
In terms of performance, BWZ has
delivered steady returns over the short term, with a focus on
providing investors with exposure to short-term international
government bonds. The ETF's focus on short-term international
government bonds may make it a suitable option for investors who are
seeking to reduce the interest rate risk associated with longer-term
bond investments.
Investors should keep in mind that like all
fixed-income investments, BWZ carries risks, including the risk that
interest rates may rise or fall, which can impact the value of the
ETF's holdings. Additionally, the ETF charges a relatively low expense
ratio of 0.19%, which is in line with the average expense ratio for
short-term international government bond ETFs. Investors should
carefully consider their investment objectives and risk tolerance
before investing in BWZ or any other fixed-
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