Specialist US insurance ETF fights on through liquidity crunch 6th May 2020 - 11:52am Specialist US insurance ETF fights on through liquidity crunch Submitted By Beverly Chandler | 06|05|2020 - 11:52am Insurance allocators have over USD30 trillion in investable assets. However, the options of where to invest their money is often limited due to the complex web of regulations governing the insurance sector. Aware Asset Management, an affiliate of Blue Cross and Blue Shield of Minnesota focused on the management of US insurance industry assets, has launched the Aware Ultra-Short Duration Enhanced ETF (AWTM), one of a small subset of ETF products assigned the National Association of Insurance Commissioners (NAIC) 2A designation. The NAIC designation allows for more favourable risk-based capital (RBC) requirements treatment. Andrea Roemhildt, Investment Manager at Aware Asset Management and Mary Gronseth, a portfolio specialist, explain that the short-end of the yield curve is beneficial for investors as it has less exposure to interest rate risk and market volatility due to its duration.