Polaris to launch Taiwan’s first fund of global bond ETFs

Taiwan’s Polaris Securities is preparing to launch what it calls Taiwan’s first fund of global bond ETFs for retail investors, marketing it as a prudent diversification play amid market volatility. The company, Taiwan’s largest ETF manager with NT$114.5 billion in AUM from 11 ETFs as at the end of September, will IPO its latest product from November 8 to 18. It has a subscription limit of NT$10 billion ($327 million). The firm argues that a fund of global bond ETFs should appeal…