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iShares, Inc. - iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY (iShares, Inc. - iShares Euro High Yield Corporate Bond USD Hedged ETF) is an index US Dividend Equity ETF by iShares. With a 0.35% MER, it provides diversified exposure through 315 holdings.
EUHY by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.35% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.