ETFS USD High Yield Bond (Currency Hedged) ETF
ASX Code: USHY
ETFS USD High Yield Bond (Currency Hedged) ETF (ASX Code: USHY) tracks a basket of high yield US dollar bonds issued by global companies. High yield bonds can pay higher coupons than investment grade bonds.
USHY tracks the Solactive USD High Yield Corporates Total Market Hedged to AUD Index. The index is market capitalisation weighted and mirrors the performance of high-yield-rated corporate bonds issued in US dollars by companies domiciled in developed countries.
The fund gains its exposure to the index by investing substantially all of its assets in the Xtrackers USD High Yield Corporate Bond ETF, which is managed by DWS Group. DWS is a leading global asset manager with over €902 billion in assets under management as at 31 March 2022.
Why consider USHY
Historically attractive risk-adjusted returns with high levels of income.
A low beta alternative to equities.
More income potential with less duration risk, compared to investment grade bonds.