iShares continued its introduction of ETFs targeting high yielding asset classes with the debut of two more funds on the BATS Exchange this week. The Global HighYield Corporate Bond Fund (GHYG) completes a trio of junk bond ETFs to debut this week that target markets outside the U.S., while the Morningstar Multi-Asset Income Index Fund (IYLD) will be an ETF-of-ETFs that targets high yielding asset classes. Under The Hood: GHYG GHYG will seek to replicate the Market iBoxx Global Developed Markets High Yield Index, a benchmark that includes bonds rated below investment grade from issuers in developed markets around the world. GHYG will be tilted heavily towards the U.S., which accounts for about 70% of holdings. The next largest country allocations are Luxembourg (7%), the Netherlands (4%), France (4%), and Canada (3%). The remainder of the portfolio includes primarily Western European countries; there is no allocation to developed Asian markets [...] Click here to read the original article on ETFdb.com. Related Posts: Five More iShares ETFs Now Available Commission Free 2010: Year Of The Bond ETF Bond ETFs For Every Objective International Bond ETF Guide: All the Options For Ex-U.S. Fixed Income Exposure The Best Dividend ETFs Aren’t Dividend ETFs At All