Successful high yield bond investing requires a thorough research process and a strict buy discipline. Ken Karwowski and Tim Compan, portfolio managers of the PNC High Yield Bond Fund, and their internal research team screen for companies that are dominant in their industries and set to generate stable free cash flows.

As most international indices incorporate large companies, long-term investors may find that these benchmarks do not necessarily offer the best investment opportunities for their consideration. WCM/BNY Mellon Focused Growth ADR ETF invests in high quality names with a clear set of company-based criteria and a strict valuation discipline.