iShares Euro High Yield Corporate Bond ETF

The iShares Euro High Yield Corporate Bond ETF is a type of exchange-traded fund that invests in a diversified portfolio of sub-investment grade corporate bonds domiciled in Europe. Its primary function is to offer investors direct exposure to the high yield segment of the European corporate bond market. This ETF is designed to track the performance of the Markit iBoxx EUR Liquid High Yield Index, a benchmark that represents some of the more liquid, high-yielding corporate bonds issued by European companies. With its focus on high-yield debt, the ETF offers investors the potential for higher returns, although this comes with increased risk typically associated with lower credit-rated bonds. It plays a pivotal role in the market by providing liquidity and diversification benefits, allowing investors to access a wide array of corporate issuers across various industries, including industrials, utilities, and financials. By offering a cost-effective vehicle for investing in this sector, it enables both institutional and retail investors to balance their fixed-income portfolios with growth-focused bond investments.