GHYB Profile
The Goldman Sachs Access High Yield Corporate Bond ETF is designed to offer investors exposure to high-yield corporate bonds with the goal of achieving attractive returns. Under normal market conditions, the fund invests at least 80% of its assets, excluding collateral from securities lending activities, in securities that are part of its underlying index. This index is a rules-based benchmark that tracks the performance of high-yield corporate bonds issued in U.S. dollars, providing a comprehensive representation of the high-yield segment of the corporate bond market.
The ETF focuses on bonds that are rated below investment grade, which typically offer higher yields compared to investment-grade bonds due to the higher risk associated with their issuers. The underlying index is designed to include a diverse selection of corporate bonds, balancing the need for yield with risk management. By adhering to a systematic methodology, the index ensures that the bonds included are representative of the high-yield market, reflecting a broad array of sectors and industries.
Goldman Sachs, a leading global financial services firm, manages the fund, leveraging its expertise in fixed-income markets to select bonds that meet the index’s criteria. The firm utilizes advanced investment strategies and analytics to enhance portfolio performance while managing risk. This approach helps ensure that the fund aligns with its investment objective and provides investors with a high degree of transparency and efficiency.
Investors in the Goldman Sachs Access High Yield Corporate Bond ETF should be aware that high-yield bonds, often referred to as junk bonds, come with increased credit risk compared to investment-grade bonds. As such, the fund’s performance is influenced by changes in economic conditions, interest rates, and the credit quality of the issuing corporations. The ETF is designed for investors seeking higher income potential and who are comfortable with the inherent risks of investing in lower-rated corporate debt.
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