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Tabula launches new ETF focussing on North American High Yield Credit Market

Tabula Investment Management Limited (LSE: TABS) CEO MJ Lytle joined Steve Darling from Proactive with news the company has started a new ETF that will be exclusively located on the London Stock Exchange under the ticker “TABS”  Lytle telling Proactive that ETF will focus on short exposure to North American high yield corporate credit.

He also says this ETF listed in Europe, will be the only one offering this type of exposure, and it launches at a time when the rate of year-to-date defaults in US corporate credit is at its highest since 2009.

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