Crankys Nest Egg

Spend wisely, save more, knock off work really early.

Name:iShares Global High Yield Bond (AUD Hedged) ETF
Sector:Fixed Interest - Global
Benchmark:Markit iBoxx Global Developed markets Liquid High Yield Capped Index (AUD Hedged)
Management Fee:0.56%

This global fixed interest fund aims to emulate the returns of the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index.

I don't know a lot about bond markets, but looking at the detailed description of the index, it aims for all bonds in the index "to have an average rating of sub-investment grade". I presume the lower grade bonds have higher coupons and therefore yield greater levels of income.

You can find out more about the fund here.

See also:

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