ETF of the Week: KraneShares Asia Pacific High Yield Bond ETF (KHYB)

ETF Trends CEO Tom Lydon discussed the KraneShares Asia Pacific High Yield Bond ETF (KHYB) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

KHYB is an actively managed fund that provides broad exposure to high-yield bonds from the Asia-Pacific. The fund actively invests in high-yield debt securities of any maturity issued by governments and corporations from the Asia-Pacific region, including emerging and developed countries. Nikko Asset Management Americas Inc., the sub-advisor, uses top-down macro research and bottom-up credit research to construct its portfolio, using a proprietary process that combines quantitative and qualitative factors to assess an issuer’s credit profile, along with an assessment of a security’s value and relative value compared to other similar securities. KHBY may invest in other investment companies, including ETFs, and derivatives.