The exchange-traded fund (ETF) invests across asset-backed and mortgage-backed securities, with the launch complementing T. Rowe Price's wider plans to expand its fixed income ETF footprint.

T. Rowe Price Group has launched the T. Rowe Price Securitised Income ETF (TSCZ), a fully transparent fixed income exchange traded fund that began trading on NYSE Arca on 3 September. The fund is designed to provide investors with access to securitised credit markets  The company said that the fund is designed to provide investors with access to securitised credit markets while seeking higher levels of current income than may be available through traditional government and corporate bon