The managers also have the ability to invest up to 35% of net assets in other fixed-income securities, such as investment-grade and high-yield corporates, convertibles, and securitized and government issues.
Teucrium Launches Agriculture Commodities
Teucrium Trading LLC, Santa Fe, N.M., has added three new single-commodity exchange-traded product funds to its offering of agriculture and natural products.
The Teucrium Soybean Fund, the Teucrium Sugar Fund and the Teucrium Wheat Fund are being offered as single-commodity products for the agriculture space. The funds join the Teucrium Corn, Natural Gas and Crude Oil Funds.
This provides an investment vehicle for investing directly and exclusively in a single product without having to trade futures contracts. Additional information can be found at www.teucrium.com.
John Hancock Launches Retirement Program
John Hancock Financial Network is creating Retirement Ready, a new retirement income program designed to help John Hancock Financial professionals and advisors maximize sustainable retirement income for their clients.
The focus of the Retirement Ready program is a tool that determines each client's optimal product mix to provide a quantitative measurement of the relative likelihood that his portfolio will generate the income he needs for the rest of his life. Education and training materials, an expense calculator and other tools are provided for advisors to create personal client reports.
Invesco Offers Chinese Bonds
Invesco PowerShares Capital Management LLC, a provider of exchange-traded funds, has launched the PowerShares Chinese Yuan Dim Sum Bond Portfolio. The fund will provide access to Chinese yuan-denominated "dim sum" bonds issued and settled outside mainland China. It will have an expense ratio of 0.45% and is expected to issue monthly distributions.