E-Trade Group Inc., of Menlo Park, CA, has launched the E-Trade Bond Fund, leveraging its fixed-income expertise to oversee the company’s first actively managed mutual fund. The E-Trade Bond Fund is an intermediate-term, investment-grade bond fund seeking total return with an emphasis on income. E-Trade Asset Management, a subsidiary of E-Trade Group, has discretion over the maturity, sector, and credit quality of the securities in the Bond Fund portfolio, the company said. The MERit Credit