Big news in the world of investing! BlackRock, a giant in the investment world, just launched a new type of fund called an ETF in Europe. Think of an ETF like a basket holding lots of different investments.
- This new ETF invests in bonds, which are like loans to governments and companies.
- It aims to give investors a good income from the interest earned on these bonds.
- It can invest in different kinds of bonds, some safer than others.
- More and more investors are using this type of fund to reach their investment goals.
| Fact | Number |
|---|---|
| Total amount managed by BlackRock in ETFs | $3.04 trillion (that's a HUGE number!) |
| Percentage of investors using active bond ETFs | Increased from 20% to 29.4% |
This shows that more and more people in Europe are becoming interested in this new kind of investment.
