The Guggenheim BulletShares 2017 High Yield Corporate Bond ETF* (NYSE Arca: BSJG) seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of a high yield corporate bond index called the BulletShares® USD high Yield Corporate Bond 2017 Index.
Bond-Like Experience in an ETF: Combines the benefits of bonds-monthly income, final distribution at maturity, as well as control of portfolio maturity, yield, and credit quality-with the advantages of ETFs-broad diversification, liquidity, transparency, convenience, and cost-effectiveness.
Precise Exposure: Provides targeted investment-grade exposure, enabling investors to build customized portfolios tailored to specific maturity profiles, risk preferences, and investments goals.
Ease of Use: Provides a cost-effective and convenient way to build bond ladders and manage interest rate risk, via fixed-income ETFs with consecutively maturing years ranging from 2016 to 2023.
The Fund has a designated year of maturity of 2017 and will terminate on or about December 31, 2017. In connection with such termination, the Fund will make a cash distribution to then-current shareholders of its net assets after making appropriate provisions for any liabilities of the Fund. The Fund does not seek to return any predetermined amount at maturity. In the last twelve months of operation, when the bonds held by the Fund mature, the Fund’s portfolio will transition to cash and cash equivalents, including without limitation U.S. Treasury Bills and investment grade commercial paper. The Fund will terminate on or about the date above without requiring additional approval by the Trust’s Board of Trustees (the “Board”) or Fund shareholders. The Board may change the termination date to an earlier or later date without shareholder approval if a majority of the Board determines the change to be in the best interest of the Fund.