The company said the two funds, the iShares € High Yield Corp Bond ESG Paris-Aligned Climate UCITS ETF (HYPE) and iShares $ High Yield Corp Bond ESG Paris-Aligned Climate UCITS ETF (HYDP), will enable broad, representative exposure to high yield bonds.
Lloyds Bank and BlackRock partner to offer retail access to select ETFs
HYPE will invest in euro-denominated high yield bonds, targeting a duration of 2.9 years and a yield of 7.45%. It will track the Bloomberg MSCI Euro Corporate High Yield Climate Paris-Aligned ESG Select index.
Meanwhile, HYDP will invest in US dollar-denominated …
