BMO High Yield US Corporate Bond Hedged to CAD
- Asset Class High Yield Company Bonds
- Provider BMO Asset Management
- MER 0.62%
- Currency CAD
Exposure to variety of high yield American corporate debt securities.
This is a US high yield corporate bond ETF which provides a high level of equity-like income for the portfolio. The US high yield bond market is the largest high yield bond market which means greater liquidity and diversity. High yield bonds are not an asset class without risk but by investing in an ETF we limit the impact of single issuer default on the portfolio.