ETF Bond Type: Convertible
ETFs, or exchange traded funds, are a type of investment vehicle that allows investors to diversify their portfolios with a single purchase. Convertible bond ETFs are a specific type of ETF that invests in convertible bonds. Convertible bonds are a type of debt security that can be converted into equity, typically at the discretion of the bondholder. This type of ETF can be an attractive option for investors who are looking for income and the potential for capital appreciation. While convertible bond ETFs come with some risk, they can provide investors with exposure to a variety of assets and potentially higher returns than traditional bond ETFs.