The VanEck Vectors Global Fallen Angel High Yield Bond UCITS ETF invests in corporate fixed income securities that were rated investment grade at the time of issuance and have been downgraded to the high-yield segment (so-called “fallen angels”).
- Global Fallen Angels have a historically higher average credit quality than ordinary high-yield issuers
- Investors can benefit from possible temporary price distortions triggered by credit rating downgrades and the resulting return
- Diversification in sectors, countries and in these currencies: USD, GBP, EUR and CAD
ICE Global Fallen Angel High Yield 10% Constrained Index