WisdomTree has filed for an ETF that will offer exposure to both stocks and bonds. The WisdomTree Balanced Income Fund will track an index that maintains the traditional 60/40 stocks-to-bonds allocation.
The stocks portion of the index will consist of U.S.-listed equities, while the bonds portion will cover government and corporate debt as well as mortgage-related debt.
The index is generally rebalanced and reconstituted on an annual basis, but if its stocks-to-bonds allocation deviates by more than 2% from that 60/40 breakdown, it can be rebalanced quarterly, the prospectus said.
The document further notes that the fund will mainly hold other ETFs. It did not include a ticker, expense ratio or primary listing exchange.
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