The credit quality breakdown includes AA 9.2%, A 40.4%, BBB 23.3%, BB 6.1%, B 15.0% and below B 6.2%.

Country allocations include U.S. 51.5%, U.K. 9.6%, Italy 4.5%, Russia 4.5%, Mexico 3.6%, France 3.2%, Germany 3.0%, Brazil 3.0%, Hong Kong 2.9%, Spain 2.9%, Netherlands 2.7%, Australia 2.5%, Belgium 2.2%, Canada 1.5% and Colombia 1.0%.

Considering the low interest rate environment, potential investors should be aware that the fund will have an aggregate duration of two to 10 years. Duration is a measure of a fixed-income asset’s sensitivity to changes in interest rates – lower durations tend to translate to smaller portfolio changes due to rising interest rates.

For more information on new fund products, visit our new ETFs category.

Max Chen contributed to this article.