Articles & Insights
Investment Executive: Focus on Products  |  01 April 2016

Impact of negative rates

A tour of eurozone government bond exchange-traded funds (ETFs) provides a glimpse of the negative interest rate challenge that may confront Canadian investors within the next few years. As of March 9, iShares Euro Government Bond Zero- to One- Year UCITS ETF, managed by BlackRock Advisors (U.K.) Ltd., sported a negative yield to maturity (YTM) of minus 0.25%, while the one- to three-year and the three- to five-year versions had YTMs of minus 0.8% and minus 0.5%, respectively. Read more >