VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFGB.L) LSE

56.27

+0.175(+0.31%)

Updated at June 02 03:55PM

Currency In GBP

VanEck Global Fallen Angel High Yield Bond UCITS ETF

Address

70 Sir John Rogerson's Quay

Dublin, D02 R296

Ireland

Phone

353-1-485-4989

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

March 19, 2018

Key Executives

N/A

Description

The VanEck Global Fallen Angel High Yield Bond UCITS ETF is a straightforward way to profit from the well-known anomaly of Fallen Angels – investment grade bonds that have been downgraded to high yield. They are often oversold due to restrictions placed on institutional investors and tend to outperform the broad High Yield sector, while on average having higher credit quality.