“First-to-market” funds deliver comprehensive access to global high yield markets, from developed to emerging
“Market conditions – in particular, an unprecedented low rate environment – continue to make it vital for investors of all kinds to identify new sources of yield and income,” said
“The new funds represent just the latest illustration of our dedication to helping investors successfully navigate today’s highly challenging yield and income landscape,” he said.
Offered on the BATS Exchanges, the four new funds are:
First Day of Trading on
Emerging Markets High Yield Bond Fund(EMHY)
- iShares Global ex USD High Yield Corporate Bond Fund (HYXU)
First Day of Trading scheduled on or around
Global High Yield Corporate Bond Fund(GHYG)
Morningstar Multi-Asset Income Index Fund(IYLD)
iShares Global ex USD High Yield Corporate Bond Fund (HYXU), a first to market product, offers access to developed international non-U.S. denominated high yield bonds, which are denominated in euros, pound sterling and Canadian dollars. The fund’s highest country allocations are
“As investors have broadened their search for new income sources globally, high yield has emerged as one of the market’s more significant opportunities,” said Wojnar. “At the same time, high yield is an asset class where investors can particularly benefit from well diversified approach.
“Our three new high yield funds – in combination with our existing iShares iBoxx $ High Yield Corporate Bond Fund – represent a complete global, high yield tool kit, flexible enough to serve the widest possible range of investor needs and interests across this asset class,” he said. “This tool kit is literally a ‘one-stop’ global solution for investors interested in high yield.”
The fourth new fund, iShares