High yield credit - HYLC and EH1C

Does anyone here have experience with the ETFs HYLC or EH1C?

I have some excess cash that I want to invest to generate some CHF return but with lower risk than equities so I am looking into corporate bonds. I have a 5 year horizon.

Shouldn’t it be CHCORP ETF or some Swiss corporate bonds fund then?

I think CHCORP is much better credit quality and hence lower return. I posted international ETF options thinking I need to go outside of Switzerland for serious high yield markets. But my fear is the behavior of HYLC or EH1C will be like a partial (50%) international stock investment and not really diversifying.

Yielding USD a.k.a. how to make your CHF loss taxable and lose even more.

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Interesting, I might very well be missing something obvious like tax considerations. Which CHF loss are you referring to?

This ?

Yielding 5% taxable while losing 15%


Edit: hylc you are referring to is global bonds chf hedged. I personally don’t like the performance either, you’ll be taxed on income despite accumulating, and it’s lagging the (USD-)benchmark by much.

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High yield (foreign) bonds are just mega tax ineffiecient for us. I wouldn‘t bother.

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