MYCL

📎 Investment Objective

The SPDR SSGA My2032 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Corporate Bond 2032 Index.

✨ Key Features

• Targets corporate bonds maturing around the year 2032
• Seeks to track the performance of the Bloomberg Barclays U.S. Corporate Bond 2032 Index
• Provides exposure to the U.S. corporate bond market with a defined maturity date
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk: The value of the bonds may decline as interest rates rise
• Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
• Liquidity risk: The bonds held by the fund may become difficult to trade during times of market stress
• Reinvestment risk: As bonds mature, the fund may need to reinvest at lower prevailing interest rates

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. corporate bond market with a defined maturity date, as part of a diversified fixed income allocation. It may be particularly appealing to investors nearing retirement or with specific cash flow needs around the year 2032.