Features unique to a given share class could be: A share class is not a fund with a separate portfolio of assets. The investment seeks to track the investment results of the Markit iBoxx® USD . Normal Convexity in Long-Term vs Short-Term Maturities. The surging bond yields, which imply very high default risks, are adding to Chinese property developers' problems as they face slowing home sales and regulatory curbs on borrowing. In October alone, the fund . Objective. China Real Estate Index Underperforms Peers YTD "Whilst credit stresses have picked up, China . . (Credit Suisse) First Boston High-Yield II Index. J.P. Morgan ESG EMBI Global . SHANGHAI, Jan 24 (Reuters) - Beaten-down dollar bonds issued by Chinese property developers are enticing domestic and global fund managers, some of whom are even planning to launch new funds . High yield bonds - defined as corporate bonds rated below BBB− or Baa3 by established credit rating agencies - can play an important role in many portfolios. Factsheets. J.P. Morgan China Government Bond Under 3 Year Maturity Liquid Index. Add to watchlist. Attractive entry opportunity. The bond market plays a major role in ensuring financial stability . iBoxx TM bond indices offer broad benchmarking and liquid tradable index solutions that track bond markets globally. 143.98 CNY -0.07% 1 Day. Fidelity Funds - China High Yield Fund A-MINCOME (G)-SGD (hedged) A share class is a layer of features applied to a portfolio of assets to accommodate specific investor needs. The fund has recovered about 10%. NS&I premium bonds: Premium bonds are a very different product. Usually refers to a "common stock," which is an investment that represents part ownership in a corporation, like Apple, GE, or Facebook. Barclays High-Yield Index. The fund will invest at least 70% in high yielding, sub-investment grade or non-rated bonds of issuers that have their head office or exercise a majority of their activities in the Greater China region (including China, Hong Kong, Taiwan, and Macau). 1 Year change -26.53%. The adjacent table gives investors an individual Realtime Rating for KCCB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. Please select 'Save and close' to remember your preferences for future visits. The figures shown relate to past performance. *China Central Depository & Clearing Co., Ltd. Depth of market coverage includes sovereign, investment grade corporate, high yield and securitized debt, with full coverage of the emerging markets and U.S . Particularly for China, indexes are available measuring the performance of the Chinese offshore and onshore bond markets. The China credit rating is A+, according to Standard & Poor's agency. Attractive entry opportunity. High-Yield Bonds. EXPENSE RATIO 0.30. For more information, or to change your preferences at any time, please visit our Cookie Policy page. Dividend History. The fund will invest at least 70% in high yielding, sub-investment grade or non-rated bonds of issuers that have their head office or exercise a majority of their activities in the Greater China region (including China, Hong Kong, Taiwan, and Macau). Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index . For our comprehensive China product offering including equity and fixed . Refinitiv. Nov 09, 2021. Oct 31, 2018. Fueled by multi-source pricing, iBoxx provides transparency to bond market performance. The fund could also engage in securities lending. The yield on China's 10-year government bond firmed to 2.84%, roughly 3 basis points below a four-month high of 2.878%, after the PBOC's pledge of more support to the economy triggered a 6 bps drop at the start of the week. ChinaBond China High Quality Bond Index(USD) Total Value 117.50 115.48 1.75 2 ChinaBond High Yield Medium Term Notes Index Total Value 135.13 134.13 0.74 3 . Price (SGD) 10.19. ChinaBond High Yield Corporate Bond Index Total Value 0.38 -1.53 0.38 3.73 8 ChinaBond corporate Bond (AA-) . Short to Mid term (1 to 3 yrs) Banks, Mutual Fund companies, stock brokerage firms. Free ratings, analyses, holdings, benchmarks, quotes, and news. China onshore credit: China Bond Credit Index; China USD credit: J.P. Morgan China Credit Index; US IG Bonds: Bloomberg Barclays US Corporate Index; US HY Bonds: Bloomberg Barclays US High Yield Corporate Index. iShares Barclays Capital USD Asia High Yield Bond Index ETF. ChinaBond High Yield Corporate Bond Index Total Value 0.38 -1.53 0.38 3.73 8 ChinaBond corporate Bond (AA-) . Higher coupon rates In general the issuers of high yield bonds are considered less likely to make interest payments than issuers of investment grade corporate debt. Shares traded 0.00. . Nov 21, 2018. China's credit investors are demanding to be paid for risk - and that's leading to explosive growth in the nation's high-yield bond market. Barclays High-Yield Index. Fund: VP Greater China High Yield Income Fd(USD)(P)(Mdis-Cash) Morningstar Category: Greater China High Yield Bond Morningstar Index: ICE BofA Asian Dollar High Yield Corporate China Issuers TR USD Current China high yield spread levels are trading close to . J.P. Morgan Asia Credit Index Prime. Central Bank Rate is 3.70% (last modification in January 2022). 3. Bear Stearns High-Yield Index. The Chinese High Yield Dollar Bond index has delivered a total return of -1.2% YTD. Solactive USD China Corporate High Yield Bond Index Chart Announcements Documents Master Data Current quotes Please note that the index chart above may be partly comprised of historical performance illustration based on a backtest. A primary tool of active and passive investment managers . The yield on China's 10-year government bond firmed to 2.84%, roughly 3 basis points below a four-month high of 2.878%, after the PBOC's pledge of more support to the economy triggered a 6 bps drop at the start of the week. MSCI brings to market Fixed Income Factor, ESG and Climate Indexes helping investors gain better insights in a fully transparent and targeted manner. The yield on the ICE BofA Chinese Junk Dollar Bond Index topped 10% for the first time in over a year. The fund aims to provide a high level of current income. iShares Barclays Capital USD Asia High Yield Bond Index ETF. Actions. Find transparent, rules-based fixed income indices that can be easily replicated. Oct 28, 2021. DDS for Clients. 10 Years vs 2 Years bond spread is 53.3 bp. In comparison, Evergrande has $19.2 billion. 0.04. Yield and spread as of 8/13/2021, and compared against 3, 5 and 10-year historical average of difference and yield or spread between Emerging markets high yield corporate bonds and U.S. high yield . Tracker. Actions. . # 9. in High Yield Bond. 1 Yr Return. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the High Yield Bonds with . The index was created in November 2019, with history backfilled to July 1, 2019. Improved access after recent reforms, the sheer size of the Chinese govt bond market, the trend towards inclusion in global bond indexes, high relative yields, and portfolio diversification benefits may all be contributing to increasing foreign investor flows into Chinese govt. Crocs, Inc. ("Crocs") (Nasdaq: CROX) today announced the commencement of a $350 million offering of senior notes due 2031 (the "Notes") in a private offering, subject to market an TSX: USB.U - PowerShares LadderRite U.S. 0-5 Year Corporate Bond Index ETF - USD, Jul 21 2014; TSX: PGL - PowerShares Ultra Liquid Long Term Government Bond Index ETF, Jun 15 2011; TSX: BKL - PowerShares Senior Loan (CAD Hedged) Index ETF, Apr 16 2012; TSX: PFH - PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF, Jun 21 2011 Rate & Bonds News World Colombia swapped $641 million in local public debt last month , art Total Return 3.41 %. . The China credit rating is A+, according to Standard & Poor's agency.. Current 5-Years Credit Default Swap quotation is 83.82 and implied probability of default is 1.40%. Past performance is not a reliable indicator of current or future. Share classes of one sub-fund always have the same . The Fund focuses on attractive risk adjusted returns and total return, not just yield. TOTAL ASSETS $4.95 B. ChinaBond China High Quality Bond Index(USD) Total Value 117.50 115.48 1.75 2 ChinaBond High Yield Medium Term Notes Index Total Value 135.13 134.13 0.74 3 . Kaisa Group, which was the first Chinese . See . S&P US Issued High-Yield Corporate Bond Inex. 1 Year change -26.53%. UBS High Yield Funds are an attractive addition to the portfolio as they offer above-average earnings potential but at less risk than a direct investment in this market. Relatively small in size, China's offshore bond markets have seen issuers of higher quality in general, with a forecasted default rate similar to that of Asia and lower than those of Emerging Markets and the US. J. P. Morgan CLO High Quality Mezzanine Index. Chart 2 Mainland China 56.8% India 16.6% Macao 7.3% Indonesia 5.6% Hong Kong 5.5% Others 8.1% Default rates of high yield bonds # across different regions Source: J.P. Morgan, as of 31.03.2020. Add to watchlist. The central bank cut the reserve requirement ratio for foreign currency holdings to 8%, the lowest since November 2020, and announced 100 billion yuan in additional funding . This fund seeks a high level of current income by investing primarily in high-yielding, subinvestment grade or non-rated debt securities of issuers that have their head office or exercise a majority of their activity in the G. reater China region (including China, Hong Kong, Taiwan, and Macau). Through active management, dynamic risk positioning, and diligent security selection, the Fund seeks to generate attractive total returns throughout market cycles. An index of Chinese high-yield issuers fell on Friday to its lowest level . Product Portal for Clients. The modest expectations for bon Risk Disclosure. Through active management, dynamic risk positioning, and diligent security selection, the Fund seeks to generate attractive total returns throughout market cycles. Data delayed at least 60 minutes, as of May 06 2022. Prior to Aug. 1, 2021, the fund was known as KraneShares CCBS China Corporate High Yield Bond USD ETF that tracked the Solactive USD China. BlackRock Inc. said Monday that it has listed two exchange-traded funds in Europe that hold bonds issued by companies or governments that meet certain environmental, social and . Our fixed income index offering includes over 5,000 standard indices tracking more than $77 trillion in debt spanning the global bond markets, with debt represented across 43 currencies. Explore all bonds. Where expertise meets income growth. Our fixed income indexes are another step in the evolution of providing outcome . The S&P China Bond Index is designed to track the performance of local-currency denominated government and corporate bonds from China. the vaneck china bond etf (cbon ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the chinabond china high quality bond index (chqu01tr), which is comprised of fixed-rate, renminbi ("rmb")-denominated bonds issued in the people's republic of china by chinese credit, governmental and … J.P. Morgan ESG GBI-EM Global Diversified. 1 Yr Return 5.40%. The China 10Y Government Bond has a 2.846% yield. Solactive is pleased to announce that the Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the latest KraneShares CCBS China Corporate High Yield Bond USD Index ETF (KCCB). Citi US High-Yield Market Index. With a proven track record of managing High Yield bonds in Asia, let us help you access more income opportunities beyond the obvious. S&P China High Quality Corporate Bond 3-7 Year Index. 1)The benchmark is 50% J.P. Morgan Asia Credit Index (JACI) China (Total Return Gross) / 50% FTSE Dim Sum Bond Index (Total Return Gross). Surging inflows have lifted total assets of the iShares USD Asia High Yield Bond Index ETF to $1.86 billion from $383 million at the end of August, an increase of 385%. The Barclays Indices are a diverse family of systematic non-discretionary trading strategy indices available across multiple asset classes including equities, fixed income, FX, commodities, derivatives and alternative investments. J.P. Morgan USD Emerging Markets High Yield Bond Index. Current China high yield spread levels are trading close to . With inflation being relatively benign, China has prioritized stability and safety in a . Foreign investors to rethink involvement in vulnerable lower-grade corporate bonds This region includes countries considered to be emerging markets. Complete stock market coverage with breaking news, analysis, stock quotes, before & after hours market data, research and earnings Rules for Inclusion Sector • 3. Exhibit C: US High Yield Index performance now versus the 2008-9 financial crisis (9/12/2008 and 2/20/2020 scaled to 100) Lower rated credits outperformed on the long end for the month and quarter. Today's Change 0.00 / 0.00%. All information for an index prior to its Launch Date is hypothetical back-tested, not actual performance, based on the index methodology in effect on the Launch Date. The index follows the fixed income rules of the Bloomberg Barclays Global High Yield Index, which is the union of the US High Yield, the Pan-European High Yield, and Emerging Markets (EM) Hard Currency High Yield Indices. The China 10Y Government Bond has a 2.846% yield.. 10 Years vs 2 Years bond spread is 53.3 bp. Add to portfolio. Find the latest bond prices and news. Bear Stearns High-Yield Index. They typically offer higher coupons than government bonds or high grade corporate bonds (or, corporates) and have the potential for price appreciation in the event of an improvement in the economy, or performance of the issuing . Price (SGD) 10.19. This is in contrast to its global counterpart, whose yield is currently at 4.57%, as reported by WSJ, implying a spread of 540bp or 5.4% for Chinese high yield dollar bonds over global peers. High-Yield Bonds. The Fund focuses on attractive risk adjusted returns and total return, not just yield. The guideline provides an indication where this is the case. This region includes certain countries . ETF. If you look at the US High Yield Index performance in March segmented by maturity it shows that the under 5 Because investors are being asked to assume this risk, high yield bonds tend to come with higher coupon rates, which can generate additional investment income. Interest rates on Chinese high-yield bonds issued offshore were 13.3 per cent last week, according to an index from ICE and Bank of America, up from less than 10 per cent in June and close to . Since 2017, we have witnessed a 26.7% CAGR in China issued high yield USD bonds3 that has outpaced the rate of increase in the wider Asian USD HY ex-China market . 12m Trailing Yield as of 05/May/2022 2.85% Weighted Avg Coupon as of 05/May/2022 3.07 MSCI Fixed Income Indexes leverage 50 years of extensive risk and performance experience in fixed income analytics. The SPDR ® Bloomberg High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg High Yield Very Liquid Index (the "Index"); Seeks to provide a diversified exposure to US dollar-denominated high yield corporate bonds with above-average liquidity; A more cost efficient way to implement a high . Find income & stability with a bond ETF. 2)Annualised yield = [(1+distribution . 367 Follower s Summary KCCB tracks the Solactive USD China Corporate High-Yield Bond Index, which is comprised of USD-denominated China corporate high-yield bonds. London Stock Exchange Group. The ICE BofA Asian Dollar High Yield Corporate China Issuer index fell to 380.550 points from 385.135 the day before. Represented by iBoxx USD Asia ex-Japan China Corporates High Yield 1+ index. High yield bonds - defined as corporate bonds rated below BBB− or Baa3 by established credit rating agencies - can play an important role in many portfolios. (Credit Suisse) First Boston High-Yield II Index. Within the Chinese high yield space, we can see that real estate developers' bonds have been trading weaker with the China Real Estate High Yield index witnessing a sharp drop of around 6% in June and down 3.7% YTD. Ho and Ting said they maintained a default forecast for the sector of 19% for 2022, with a bull case of 10.5% and a downside case of 31.6%. Name Coupon Maturity Weighting January 20, 2022 Value Partners Greater China High Yield Income Fund (the "Fund") primarily invests in a portfolio of fixed and floating rate bonds and other debt securities, including convertible bonds, in the Greater China region. The CNUSDBBI - HY is a sub-index of the FTSE Chinese USD Broad Bond Index (CNUSDBBI). Launch Date: May 08, 2015. A main driver for this ETF has been the increasing demand of high yield by USD investors. Graph and download economic data for ICE BofA High Yield Emerging Markets Corporate Plus Index Total Return Index Value (BAMLEMHBHYCRPITRIV) from 1998-12-31 to 2022-03-17 about return, sub-index, emerging markets, yield, corporate, interest rate, interest, indexes, rate, and USA. Central Bank Rate is 3.70% (last modification in January 2022).. 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