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ETF: Understanding the DCCUSD

Kristia van HeerdenETF Blog, Latest

In 2017, RMB launched an ETF-like creature that gave South African index investors access to US Treasury Bonds (USTBs) for the first time. Instead of a right to the assets of the ETF issuer, who holds the underlying shares of an ETF, investors are USTB owners, fair and square. Since inception, this ETF has returned ...