New Investments and Products for Retirement (Oct. 15 2019)
Robert Powell, CFP®
The following are new investments that those saving for or living in retirement might consider for their portfolios. This week: an actively managed ultra-short bond exchange-traded fund.
The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an actively managed fund offering for investors willing to assume some modest additional risk while seeking potentially enhanced returns in their cash or cash-equivalent investment bucket, says Marc Zabicki, president and chief investment officer of Bower Hill Capital Management.