The iShares iBoxx $ High Yid Corp Bond (HYG) ETF fund is a bond fund as it is focused on bonds. The objective of this ETF is to track the investment returns of the Markit iBoxx USD Liquid High Yield Index, which is based on high-yield US dollar-denominated bonds sold in the US. The index could also include small, medium, large capitalisation companies in the financial, industrial, oil and gas and consumer services sectors. The HYG ETF generally invests at least 90% of its assets in index stocks and investments that provide substantially the same stock exposure as the index. The investment advisor to HYG ETF is the BlackRock Fund Advisors.
The Plus500 platform can be used to invest in iShares iBoxx High Yid Corp Bond ETFs with a short-term approach.