Christine Horoyski iShares Hi Yield Corp Bond ETF HYG-N DON'T BUY Jul 30, 2009

An ETF that is designed to track the index of the US high yield market. The yield is anywhere from 9% to 10%. There is also currency risk attached to this because it is in US$. You have interest rate volatility and credit risk associated with it along with a currency risk. You are better off with a very strong fixed income active manager.