Nu Asset Management, Nubank’s (NYSE: NU) investment manager, is introducing the Nu CDI Tesouro Selic B3 (NCDI11), a new fixed income ETF. The solution enables investors to access Letras Financeiras do Tesouro (LFT) – Selic-linked government bonds – tracking the performance of these securities over a period of time. The NCDI11 will reportedly be the first ETF indexed to the B3 Selic Treasury Index (Índice Tesouro Selic B3), the government bond index thas has been developed and calculated by B3.Introduced on ...

Known to many for supporting ETF institutional investors that favor liquidity, State Street Investment Management has increasingly grown its ETF business by focusing on advisors and retail investors. With the launch today of a new low-cost ultra-short bond ETF, the firm has further supported that community. Already a Leader in the Fixed Income ETF Market The State Street SPDR Portfolio Ultra-Short T-Bill ETF (SPTU) began trading today. SPTU provides exposure to U.S. Treasury bills that have a remaining mat ...