VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA ETF) is an easy way to profit from a known anomaly with fallen angels Investment class bonds that have been downgraded to high yields. They are often oversold due to restrictions placed on institutional investors and tend to go beyond the broad range high yield sectorOn average, they have a higher credit quality.
A history of excess yields compared to the world of high-yield bonds
Take advantage of market anomalies
The average credit quality is currently higher than that of ordinary high-yield issuers
Diversification between countries and sectors
Issued in US dollars, British pounds, euros and Canadian dollars
Currently among the lowest total cost ratios of UCITS Fallen Angel ETFs (0.4%)
Description of VanEck Global Fallen Angel High Yield Bond UCITS ETF
VanEck Global Fallen Angel High Yield Bond UCITS ETF invest in corporate bonds Focusing on the world. The ETF maintains a full range of bond maturities. Underlying bonds have sub-investment grade ratings. The ETF has a currency offering in US dollars. The interest income (coupons) is reinvested in the (accumulated) fund.
The total cost ratio is 0.40% per annum. The fund replicates the result of the underlying index by purchasing a selection of the most relevant components of the index (sampling technique). VanEck Global Fallen Angel High Yield Bond UCITS ETF It is a small ETF with assets of €45 million under its management. GFEA ETF is 3 years older and based in Ireland.
investment strategy
The ICE BofAML Global Fallen Angel High Yield Index tracks investment grade corporate bonds denominated in US dollars, Canadian dollars, British pounds and the euro, which had investment grade ratings at the time of issuance.
Trade the GFEA ETF
VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA ETF) It is a European exchange-traded fund. This fund is traded on many different exchanges, such as Borsa Italiana and Deutsche Boerse Xetra. For this reason, different acronyms appear on the same ETF.
This means that it is possible to trade units in this ETF through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.
menus
| exchange | Currency | short name |
| Stuttgart Stock Exchange | euro | GFEA |
| Italian Stock Exchange | euro | GFA |
| London Stock Exchange | GBP | GFGB |
| London Stock Exchange | American dollar | GFA |
| SIX Swiss Exchange | Swiss Franc | GFAA |
| XETRA | euro | GFEA |
biggest possession
| Guarantees | coupon | maturity | evaluation |
ground | Currency | Weight% |
| Mexican oil | 7.690 | January 23 2050 | BB- | Mexico | American dollar | 1.1613 |
| Vodafone Group PLC | 4.875 | October 03, 2078 | BB + | United kingdom | GBP | 1.0969 |
| Kraft Heinz Food Company LLC | 4.375 | 01 June 2046 | BB + | United State | American dollar | 0.9087 |
| Teva Pharmaceutical Finance – The Netherlands | 3.150 | 01 October 2026 | BB- | Israel | American dollar | 0.8831 |
| Sprint Capital Corp. | 6.875 | November 15, 2028 | BB | United State | American dollar | 0.8337 |
| Mexican oil | 6.750 | September 21 2047 | BB- | Mexico | American dollar | 0.8198 |
| Mexican oil | 6.500 | March 13, 2027 | BB- | Mexico | American dollar | 0.8195 |
| ELECTRICITE DE FRANCE SA | 5.625 | January 22, 2168 | BB- | France | American dollar | 0.8137 |
| Sprint Capital Corp. | 8.750 | March 15, 2032 | BB | United State | American dollar | 0.7604 |
| INTESA SANPAOLO SPA | 6.625 | September 13, 2023 | BB + | Italia | euro | 0.7459 |
Collectibles may change
