$IS ASIA HYG SD(QL3.SG)

Context: I wanted some exposure to Asian high-yield bonds as a way to diversify beyond equities and add an income component to my portfolio. The trade-off is that higher yields come with higher credit risk, so I see this as an income allocation rather than a growth investment.

My trade: I started building the position gradually, with two small purchases in September as the price softened.

Takeaway: I’m not expecting much capital appreciation here. For me, the attraction is the combination of regular income and diversification. I’m stillooking to add gradually, but I’ll keep an eye on credit quality, defaults and interest rates rather than simply chasing the yield.