FLOT: Still A Safe Harbour
2026-05-28 13:53:13 ET
I recently moved from a 100% Equity weighting to 92% in a pot of money with an investment horizon of at least a decade. For now, I want to park the cash into something that is liquid and pays a little more yield than T-bills do. My first thought was the iShares Floating Rate Bond ETF ( FLOT ), an ETF that I wrote about two years ago. Unfortunately, as the account in question is based in the UK, FLOT isn’t an option, but I thought that this would be a good opportunity to update and extend my original article ....
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FLOT: Still A Safe HarbourNASDAQ: FLRN
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