BlackRock Australia has announced its intent to launch the iShares World Equity High Income Complex ETF (ASX: WYNC), an actively-managed strategy designed for income-focused investors who also want to track the broad market.
WYNC is an innovative addition to the iShares ETF offering that seeks to generate high income by actively managing a diversified basket of securities, which provide exposure to the broad global equity market, alongside selling index call options. The strategy is designed to harvest income from multiple sources, rather than relying on a high-dividend bias.
The strategy uses BlackRock’s dividend rotation approach with proprietary investment insights that blend human expertise, big data and machine learning, the strategy uses over 1000 data signals to identify opportunities for higher yield.
The fund is managed by BlackRock’s Systematic team with a more than 40-year track record of data-backed investing, led by Raffaele Savi, Global Head of BlackRock Systematic, alongside Robert Fisher, CFA, and Anna Hawley, CFA.
The launch underscores BlackRock’s continued focus on expanding access to active investment solutions in Australia.
Gareth Hughes, Australia Head of Retail Wealth at BlackRock, said: “Investor needs in Australia continue to change, with a greater focus on income, whole-of-portfolio outcomes and flexibility in how strategies are delivered – whether it’s index or active, ETF or managed funds.
“WYNC reflects this evolution, bringing an innovative, income-focused equity solution to the iShares platform while maintaining a risk profile aligned to global markets. We see the fund as a natural fit at the core of the portfolio for advisers and investors looking for a regular source of income, without the performance distortion that can often come with more traditional equity yield strategies.
“We are pleased to bring WYNC to market, expanding access to active income strategies through the ETF structure.”
