iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF

The iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF, with the ticker IHEB, invests in bonds issued by governments and companies in emerging markets, but these bonds are in US dollars. This ETF aims to provide Australian investors with exposure to these international bonds while reducing the risk of currency fluctuations between the US dollar and the Australian dollar. By hedging the currency, it helps protect your investment from exchange rate changes, allowing you to focus on the potential returns from emerging market bonds. With a management fee of 0.51%, this ETF offers a way to diversify your portfolio with international bonds while managing currency risk.