BNDX - BNDX: A Bet On Falling Interest Rates And Nothing More

2024-04-05 07:05:59 ET

Summary

• BNDX is a well-diversified ETF that mainly focuses on non-US government bonds with a low expense ratio of 0.07%.
• Vanguard Total International Bond Index Fund ETF is not suitable for diversifying from equities due to its sensitivity to changes in interest rates.
• The Fund's only use is for short- to medium-term speculation on interest rates. Hold if you own it, Buy if you want to speculate on falling global interest rates. All other investors should avoid it.

Vanguard Total International Bond Index Fund ETF Shares (BNDX) is an ETF that invests in a broad mix of investment-grade, mainly non-US government bonds, along with some US corporate bonds. It follows the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)....

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