If you thought the Fed was supposed to be the adult in the room, think again. While the task of party chaperone is never easy, it gets infinitely harder when dealing with toddler-like equity markets, who demand extra coddling while threatening bad behavior.
GraniteShares, a disruptive exchange-traded fund (ETF) company, debuted a revised methodology for the index underlying the GraniteShares HIPS US High Income ETF (NYSE Arca: HIPS), a high alternative income-focused fund that invests in a diversified basket of pass-through securities.
While generating sustainable yield for income investing has never been an easy task, the latest shockwaves to reverberate through interest rate markets have only compounded this challenge. The core of this problem for investors, whether retirees, long-term savers, or anyone looking to diversify their returns, is they are probably looking for yield in all the wrong places.
If you thought achieving income yields was difficult, life will only get harder—the Fed that giveth can taketh away. Just as investors were getting accustomed to the taste of at least modestly non-zero rates, expectations have shifted swiftly.
Mental accounting is a truly defining feature of the human condition. We naturally sub-divide and categorize all sorts of events and resources, and not just with money either; it is a coping mechanism for our brains.
We often are asked why investors looked to a new ETF company like GraniteShares. In this video, GraniteShares ETFs investors Matt Harris of Bain Capital Ventures, and Jim Wiandt, one of the founders of ETF.com, talk about their interest in GraniteShares.