Two More iShares ETFs Debut Today

BlackRock's

iShares unit, the world's largest ETF sponsor, will introduce its third and fourth ETFs

when it rolls out the iShares Global High Yield Corporate Bond Fund

and the iShares Morningstar Multi-Asset Income Index Fund

. The two funds will add to iShares' growing lineup on the BATS Exchange. The The iShares Global High Yield Corporate Bond Fund will track the Markit iBoxx Global Developed Markets High Yield Index. At the end of February, that index was comprised of almost 650 high yield corporate bonds denominated in U.S. dollars, Euros, British pounds sterling and Canadian dollars. GHYG will have an expense ratio 0.55%. The The iShares Morningstar Multi-Asset Income Index Fund will track the the Morningstar Multi-Asset High Income Index. Thaat index is designed to provide 20% exposure to equities, a 20% allocation to alternative investment strategies and a 60% weight to fixed income products. IYLD's index is comprised of other iShares ETFs including the following: The iShares Dow Jones Select Dividend Index Fund

, the iShares Dow Jones International Select Dividend Index Fund

and the iShares S&P Global Infrastructure Index Fund

. The following ETFs are found within the fixed-income asset class: The iShares iBoxx $ High Yield Corporate Bond Fund

, the iShares Barclays 20+ Year Treasury Bond Fund

, the iShares J.P. Morgan USD Emerging Markets Bond Fund

, the iShares S&P/Citigroup International Treasury Bond Fund

, and the iShares 10+ Year Credit Bond Fund

. The following funds are found among the alternatives asset class: The iShares S&P U.S. Preferred Stock Index Fund

the and iShares FTSE NAREIT Mortgage Plus Capped Index Fund

. IYLD will have an expense ratio of 0.6%. Earlier this week, iShares introduced the iShares Emerging Markets High Yield Bond Fund

and the the iShares Global ex USD High Yield Corporate Bond Fund

.