VanEck Global Fallen Angel High Yield Bond UCITS ETF A USD

The VanEck Glb Flln Angl HY Bd ETF invests in a diverse range of corporate bonds that were originally rated investment grade but have been downgraded to below investment grade, known as "fallen angels." These bonds are issued in major currencies like US dollars, Canadian dollars, British pounds, and Euros and are selected from key domestic and eurobond markets around the world. By focusing on these downgraded yet publicly issued corporate bonds, the fund aims to offer higher yields and the potential for returns as the issuing companies work to improve their credit standings.