Overview
Description
SmartShares S&P/NZX NZ Government Bond ETF is an exchange-traded fund focusing on investing in New Zealand government bonds. Its primary purpose is to offer investors a cost-effective and easily accessible way to gain exposure to the New Zealand government bond market. The fund tracks the performance of the S&P/NZX NZ Government Bond Index, which includes a range of government bonds issued by the New Zealand government with varying maturities.
The ETF provides investors with a diversified portfolio of bonds, thereby potentially reducing the interest rate and credit risks typically associated with individual bond investments. It is particularly relevant to those looking for stable income generation, as government bonds are known for their generally reliable coupon payments and perceived lower risk compared to corporate bonds. SmartShares S&P/NZX NZ Government Bond ETF plays a critical role in the fixed-income sector by offering liquidity, transparency, and a passive investment strategy, making it an attractive option for institutions and individual investors alike seeking to stabilize their portfolios or pursue long-term growth strategies.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
New Zealand
MIC code
XNZE