The US outcome defined ETF provider is targeting risk-averse investors with a replacement for short-term bond exposure.

US defined outcome exchange-traded funds (ETFs) provider Innovator has launched the Innovator Defined Wealth Shield ETF, a first in the structured products market designed as a replacement for bond exposure - in particular, short-term bond exposure, which will  not provide the typical fixed income equated with bonds.  “Inflation concerns are at all-time highs as is duration risk, so you're not being compensated adequately for the amount of risk that you need to take in bonds rig

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