WisdomTree launches fixed income ETF

WisdomTree Asset Management Canada Inc. has launched a North American fixed income ETF.

The ONE North American Core Plus Bond ETF (TSX: ONEB) invests in North American fixed income securities issued by corporations, governments, government-related entities and agencies. The ETF’s management fee will be 0.55%.

One Capital Management, LLC (OCM), an investment management firm, will advise the ETF.

“OCM will employ an actively managed investment strategy, utilizing proprietary fundamental credit research and analysis,” WisdromTree said in a release. “OCM will also direct the currency hedging strategy.”

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