MYCI

📎 Investment Objective

The SPDR SSGA My2029 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Corporate Bond 2029 Maturity Index.

✨ Key Features

• Targets corporate bonds maturing around the year 2029
• Seeks to provide exposure to the U.S. corporate bond market with a defined maturity date
• Passively managed to track the performance of the underlying index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk as bond prices decline when interest rates rise
• Credit risk if the financial condition of the bond issuers deteriorates
• Liquidity risk if the bonds held by the fund become difficult to trade
• Tracking error risk as the fund may not perfectly match the performance of the target index

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. corporate bonds with a defined maturity around the year 2029. It could be used as a component of a diversified fixed income portfolio or as a way to manage interest rate risk. Investors should have a medium-term investment horizon and be comfortable with the risks associated with corporate bond investments.