iShares IHHY ETF (ASX:IHHY)

iShares Global High Yield Bond (AUD Hedged) ETF

About the IHHY ETF

The iShares IHHY provides investors with exposure to high yield corporate bonds across global developed markets, hedged to AUD. IHHY ETF tracks the performance of the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index, which is designed to reflect the performance of the global developed liquid high yield debt market. The IIY ETF was created in 2015 and has net assets of $123 million. The fund provides investors with tri-annual distributions.

IHHY ETF Performance Review

1
Year

7.79

3
Year

4.59

5
Year

4.9

Since
Inception

5.89

Running
Yield

4.13

Yield To
Maturity

3.15

Data Current To: 31/08/2021

Our review of IHHY ETF

High yield fund split between investment in another fund and cash / derivatives

Investments spread across global markets

What we like about the IHHY ETF

Average YTM of 3.15% as at 31 August 2021

Hedged to AUD

Things to be aware of about the IHHY ETF

Tri-annual distributions

Concentrated with more than more than 50% of bonds in US companies

IHHY ETF Investment Strategy

The fund aims to provide investors with the performance of an index before fees and expenses that is designed to measure the AUD hedged performance of fixed rate, high yield corporate bonds across global developed markets.

IHHY ETF Share Price

What does the IHHY ETF Invest In?

IHHY is a High Yield ETF.

The IHHY ETF invests in corporate bonds across global markets and sectors. The majority of bonds are from the US while other countries include Italy, France and the UK. Most bonds are rated BB- and are spread across a number of sectors including communications and energy. 1.76% of the fund is in cash and/or derivatives.

IHHY ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

IHHY Frequently Asked Questions

What index does the IHHY ETF aim to replicate?

The IHHY ETF aims to replicate the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index.

How often does IHHY ETF pay distributions?

The distribution frequency of IHHY is Tri-Annually.

When did the IHHY ETF start?

The inception date of the IHHY ETF was 04/12/2015.

What are the net assets of the IHHY ETF?

IHHY has net assets of $125.8m (AUD) as of 31/08/2021.

What are the number of holdings in the IHHY ETF?

Total number of holdings in IHHY is 53 as of 31/08/2021.

What are the management fees for the IHHY ETF?

The annual management fees for the IHHY ETF are 0.56% p.a. Learn more about ETF fees in this article.

How can I invest in the IHHY ETF?

IHHY is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the IHHY ETF have a minimum investment amount?

No, there is no minimum to invest in the BlackRock IHHY ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the IHHY ETF?

No, IHHY has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

IHHY ETF News

About The Issuer Of The IHHY ETF: BlackRock

For more than 30 years, BlackRock has offered a range of solutions for institutions, financial professionals and individuals, to help them take control of their financial security.

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Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.