MYCK

📎 Investment Objective

The SPDR SSGA My2031 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg SSGA My2031 Corporate Bond Index.

✨ Key Features

• Targets corporate bonds maturing around the year 2031
• Actively managed to maintain target duration and credit quality
• Seeks to provide exposure to the corporate bond market with a defined maturity date
• 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
• Reinvestment risk as proceeds from maturing bonds may need to be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking exposure to the corporate bond market with a defined maturity date around 2031. 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 time horizon and be comfortable with the risks associated with corporate bond investments.