IBND

📎 Investment Objective

The SPDR Bloomberg International Corporate Bond ETF (IBND) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Global Aggregate ex-USD Corporate Bond Index.

✨ Key Features

• Provides exposure to international corporate bonds outside the U.S.
• Tracks the Bloomberg Global Aggregate ex-USD Corporate Bond Index
• Invests in investment-grade, fixed-rate, taxable corporate bonds
• Diversified across developed and emerging market issuers

⚠️ Primary Risks

• Interest rate risk: The value of the fund's holdings may decline if interest rates rise.
• Credit risk: The fund is exposed to the creditworthiness of the underlying bond issuers and their ability to make timely payments.
• Currency risk: The fund's performance may be affected by fluctuations in the exchange rates between the U.S. dollar and the currencies of the countries where the underlying bonds are issued.
• Emerging markets risk: Investments in emerging markets may be subject to greater political, economic, and social instability, and may experience higher volatility and lower liquidity than developed markets.

👤 Best For

This ETF may be suitable for investors seeking exposure to international corporate bond markets as part of a diversified fixed-income portfolio. It may be appropriate for investors with a medium-term investment horizon and a moderate risk tolerance.