Since longer-maturity bonds offers higher yield in the current market, this kind of debt is mostly purchased by mutual funds, which want to offer a high-yield product to investors.
Nonetheless, in a time when low rates push investors out on the hunt for yield, the relatively solid performance this year of the European and U.S. high-yield product seems to make for an attractive investment proposition.
While these questions represent only some of the questions investors will want to discuss before selecting a new or highyield investment product, the message remains: Ask before you invest.