Convertible ETF Cruising as Interest Rates Push Higher
September 11, 2013 at 13:04 PM EDT
An ETF that provides exposure to convertible bonds has gathered nearly $500 million so far this year from investors seeking capital appreciation and a sanctuary from rising interest rates. SPDR Barclays Convertible Securities ETF (NYSEArca: CWB), which was launched in 2009, is the only exchange...