iShares Global High Yield Corporate Bond UCITS ETF

The iShares Global High Yield Corporate Bond UCITS ETF is an exchange-traded fund specializing in bonds issued by corporations with below investment grade ratings across developed markets. Its primary function is to offer investors broad exposure to the global high yield, or 'junk' bond, segment through a diversified portfolio that spans industries, maturities, and geographic regions. By tracking the iBoxx® Global Developed Markets Liquid High Yield Capped index, it reflects the performance of a wide array of high yield corporate debt while employing a physical sampling replication strategy. The fund is structured to distribute coupon income semi-annually and is denominated in US dollars, with assets under management of nearly one billion euros. Its presence enables market participants to efficiently access the risk and return characteristics associated with high yield credit on a global scale, making it a relevant instrument for portfolio diversification purposes and for seeking exposure to riskier segments of the corporate bond market.