The fund mainly invests in corporate bonds with relatively high credit risk; high yield bonds.Bonds classified as high yield have a credit rating varying from BB to D on Standard & Poor's scale or the equivalent, where D is the most risky. The fund does not invest in high yield bonds with a lower credit rating than C on the S&P scale or the equivalent. Investments are diversified in terms of regions as well as sectors, and the fund may also invest in derivatives in order to manage risks. The fund may also invest in instruments other than the ones mentioned above.
Get real-time and historical exchange rates for any currency!
Get real-time and historical stock ticker prices for US stocks!
Translate cryptic bank transactions into merchants with logos, address and more!
Brought to you by Synth, a modern fintech API for modern businesses