Global X USD High Yield Bond ETF (Currency Hedged)

The Global X USD High Yield Bond ETF (Currency Hedged), with the ticker USHY, invests in a diverse range of high-yield bonds issued by companies around the world. These bonds typically offer higher interest rates to compensate for their higher risk compared to government bonds. The ETF uses a currency hedging strategy, which means it aims to protect Australian investors from fluctuations in the US dollar, ensuring that returns are more stable and not affected by currency changes. With a management fee of 0.30%, USHY provides a cost-effective way for investors to gain exposure to global high-yield bonds while managing currency risk.