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the equivalent of a U.S. guarantee, and virtually the only tax-exempt issues that are equivalent to government bonds. Another type of government-backed issues is the recently created New Community Debentures, offered to yield 7.60% in September 1971.
PowerShares S&P 500 Low Volatility Portfolio (SPLV): $6.8 billion iShares Edge MSCI Minimum Volatility USA ETF (USMV): $12.4 billion iShares Edge MSCI Minimum Volatility Emerging Markets ETF (EEMV): $3.4 billion
stands out especially well. It is a unique event in history.
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