Revisiting global multi-sector fixed income

World Treasury outside the United States is represented by youe Bloomberg Global Treasury ex-US Index, which tracks the performance of local currency fixed rate sovereign debt of high quality countries outside the United States.

Global Credit – Businesses is represented by the Bloomberg Global Aggregate Credit–Corporate Investment-Grade (IG) Index, which tracks the market performance of IG US dollar-denominated taxable fixed-rate corporate bonds.

Emerging Market Local Currency Sovereign is represented by the Bloomberg Emerging Markets (EM) Local Currency Sovereign Bond Index, which tracks the performance of local currency sovereign debt issued by emerging market countries.

Emerging Markets USD Aggregate is represented by the Bloomberg Emerging Markets (EM) US Dollar (USD) Aggregate Bond Index, which tracks the performance of USD-denominated debt of emerging market sovereign, quasi-sovereign and corporate issuers.

EM USD Aggregate: Corporates is represented by the Bloomberg Emerging Markets (EM) US Dollar (USD) Aggregate Bond Index Corporate Index, which tracks the performance of USD-denominated debt of corporate issuers in emerging markets.

US asset-backed securities is represented by the Bloomberg US Asset-Backed Securities (ABS) Index, which tracks the performance of three sub-sectors: credit and payment cards, automotive and utilities. The index includes pass-through, bullet and controlled amortization structures.

US Investment Grade CMBS is represented by the Bloomberg US CMBS Investment Grade Index, which tracks the performance of US agency and US non-agency CMBS merger deals with a minimum current size of $300 million.

US Treasury is represented by the Bloomberg US Treasury Index, which tracks nominal fixed rate US dollar-denominated debt issued by the US Treasury. Treasury bills are excluded by the maturity constraint, but are part of a separate short Treasury index.

Top Quality American Company is represented by the Bloomberg US Corporate Investment Grade Index, which tracks the market for investment grade fixed rate taxable corporate bonds.

MBS US: agency fixed rate is represented by the Bloomberg US Mortgage-Backed Securities (MBS) Index, which tracks 15- and 30-year fixed-rate securities backed by the mortgage pools of Ginnie Mae, Freddie Mac and Fannie Mae.

High performance of US companies is represented by the Bloomberg US Corporate High Yield Bond Index, which tracks the market performance of high yield, fixed rate corporate bonds denominated in US dollars.

The Bloomberg Global Treasury G7 Index follows the fixed-rate local currency public debt of the Group of Seven (G7) countries.

The Bloomberg US Aggregate Bond Index tracks the performance of investment-grade US bonds in the government, asset-backed and corporate debt markets.

The Bloomberg US Aggregate Government Index tracks the performance of fixed rate nominal US Treasury bills denominated in US dollars and US agency debentures.

The Bloomberg Pan-European Aggregate Index tracks high quality fixed rate securities issued in European currencies. Inclusion is based on the currency of the issue, not the domicile of the issuer.

The Bloomberg Asia-Pacific Aggregate Index Tracks the performance of high-quality Asia-Pacific fixed-rate securities and consists primarily of local currency sovereign and government-linked debt, as well as corporate and securitized bonds.

The Intercontinental Exchange (ICE) Bank of America (BofA) US Corporate Index tracks the performance of US dollar-denominated investment-grade corporate debt publicly issued in the US domestic market.

Intercontinental Exchange (ICE) Bank of America (BofA) Global High Yield Index tracks the performance of below investment grade corporate debt securities of issuers domiciled in countries with investment grade long-term currency debt ratings.

The Credit Suisse Leveraged Loan Index follows the market for lower quality leveraged loans denominated in US dollars.

The JP Morgan Emerging Markets Bond Index (EMBI) Diversified Global Index tracks the performance of US dollar-denominated Brady bonds, Eurobonds and traded loans issued by sovereign and quasi-sovereign entities, capping exposure to countries with greater debt outstanding.

The JP Morgan Emerging Markets Government Bond Index (GBI-EM) Global Diversified Index tracks the performance of local currency-denominated fixed-rate government debt issued in emerging markets, capping exposure to countries with larger debt stocks.

The FTSE 3-Month US Treasury Bill Index tracks the performance of the latest three-month US Treasury bond issues.

It is not possible to invest directly in an index.

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