BWX

📎 Investment Objective

The SPDR Bloomberg International Treasury Bond ETF (BWX) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Global Treasury ex-US Capped Index.

✨ Key Features

• Provides exposure to a diversified portfolio of international government bonds
• Tracks the Bloomberg Global Treasury ex-US Capped Index, which is designed to measure the performance of global treasury bonds excluding the US
• Low expense ratio of 0.00%
• Suitable for investors seeking international fixed income exposure

⚠️ Primary Risks

• Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
• Currency risk: The fund's performance may be affected by fluctuations in the value of foreign currencies relative to the US dollar
• Emerging market risk: Investments in emerging market countries may be subject to greater political, economic, and social instability
• Liquidity risk: The fund may have difficulty buying or selling certain securities, which could affect its performance

👤 Best For

This ETF may be suitable for investors seeking exposure to international government bonds as part of a diversified fixed income portfolio. It may be particularly useful for investors looking to reduce their exposure to US Treasuries and gain broader global fixed income exposure. However, investors should be aware of the risks associated with international and emerging market bonds.