Overview
Description
The iShares Global High Yield Corporate Bond ETF is an exchange-traded fund designed to track the performance of a diverse array of high-yield, or "junk," corporate bonds from around the world. This asset seeks to provide investors with exposure to a broad selection of international bonds that offer higher yields to compensate for their increased credit risks. Known for its significant allocation to the U.S. and European corporate bond markets, the ETF plays a pivotal role in providing investors access to enhanced income opportunities compared to traditional, investment-grade bonds.
The ETF holds a wide range of debt from various sectors, including telecommunications, consumer goods, and energy, allowing for diversified sector exposure. Its global approach allows investors to access high-yield bonds from different countries, thus spreading credit risk across various jurisdictions. By investing in this ETF, investors gain convenient and cost-effective exposure to a collection of global high-yield corporate bonds, contributing to portfolio diversification and potentially higher income streams amid different economic cycles. As part of the iShares family, this ETF benefits from a well-regarded index tracking and management strategy, enhancing its role in the global fixed income landscape.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON