SmartRisk will analyze publicly traded investments with a valid trading symbol. Equities clearly have more exposure due to the nature of public markets. Bonds can be bought and sold in the “secondary market” after they are issued. While some bonds are traded publicly through exchanges, most trade over-the-counter (OTC) between large broker-dealers acting on their clients' or their own behalf. In those cases, SmartRisk does not receive the prices because they were negotiated versus “published” via ticker. Exchange-traded funds (ETFs), by definition, have price feeds attached to them, as do mutual funds. As such, SmartRisk will properly account for those with a symbol.