FIIG

📎 Investment Objective

The First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) seeks to provide investment results that correspond generally to the price and yield performance of the ICE BofA 5-10 Year US Corporate Index.

✨ Key Features

• Focuses on investment-grade corporate bonds with intermediate-term maturities (5-10 years)
• Seeks to track the performance of the ICE BofA 5-10 Year US Corporate Index
• Low expense ratio of 0.00%
• Relatively low volatility compared to longer-duration corporate bond funds

⚠️ Primary Risks

• Interest rate risk: The fund's performance may be negatively impacted by rising interest rates, which can decrease the value of the underlying bonds
• Credit risk: The fund is exposed to the risk of default or deterioration in credit quality of the underlying corporate bonds
• Liquidity risk: The fund may experience difficulty buying or selling certain bonds, especially during periods of market stress
• Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with intermediate-term maturities as part of a diversified fixed-income allocation. It may be particularly attractive for investors who are looking for a low-cost, passively managed option to gain exposure to the U.S. corporate bond market.