Overview
Description
The X USD HY Corporate Bond 2C EUR Mutual Fund is a financial asset designed to offer investors exposure to high-yield corporate bonds denominated in US dollars while accommodating the currency preferences of euro-based investors. The fund primarily focuses on investing in bonds issued by corporations with lower credit ratings, often referred to as 'junk bonds,' which traditionally offer higher returns to compensate for their increased risk compared to investment-grade bonds. This mutual fund targets a diverse range of industries, providing its investors with opportunities across sectors such as telecommunications, energy, and consumer goods, among others. By managing currency risks and diversifying credit exposure, the fund aims to deliver attractive risk-adjusted returns to its European investors looking for greater yield potential in the fixed-income market. The X USD HY Corporate Bond 2C EUR Mutual Fund plays a significant role in the financial market by facilitating cross-border investment flows and offering a specialized avenue for investors to gain access to the dynamic high-yield corporate bond sector on a global scale.
About
Address
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Phone
+352 42101-1
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR