Equity income, re-engineered

The iShares World Equity High Income Complex ETF (WYNC) brings a unique solution for investors looking to balance growth and income in their global share portfolio.

old man in glasses and cardigan, smiling at camera
old man in glasses and cardigan, smiling at camera

iShares ETFs cover a broad range of asset classes, risk profiles and investment outcomes. To understand the appropriateness of this fund for your investment objective, please visit our product webpage.

iShares World Equity High Income Complex ETF

https://www.blackrock.com/au/products/351490/


This product is likely to be appropriate for a consumer:

• who is seeking capital growth and/or income distribution

• using the product for a core component of their portfolio or less

• with a minimum investment timeframe of 5 years, and

• with a medium to high risk/return profile

Why invest in WYNC?

  • 01

    Income that acts like equities

    An income strategy for the core of your portfolio, which closely tracks global share market performance and aims to provide significantly higher yield.1

  • 02

    Less concentration risk

    WYNC harvests income from multiple sources, rather than overweighting high dividend stocks with style or sector biases.

  • 03

    Systematic expertise

    Leverage the experience of the world’s largest asset manager, with 40+ years’ experience and more than US$370 billion in data-driven active strategies.2

How does WYNC aim to generate income?*

Graphic showing 4–5% option premium and 2–4% dividend yield, with notes on selling call options, rising volatility income, and a portfolio of 150–400 lower-volatility stocks.

Explore global equity income opportunities with WYNC

Hear from Evan Chang, Portfolio Manager, and Melissa Vincent, Relationship Manager - Private Wealth, on how WYNC seeks to deliver diversified equity income by combining dividend rotation, call options and index futures through BlackRock’s data-driven approach.

How does WYNC seek to capture market upside?

The fund uses futures to offset the performance drag that can typically come with selling options for income.

Chart showing portfolio beta over time, with equity exposure, futures, and options combining to produce an overall beta of about -0.9 to the MSCI World Index.

Source: BlackRock, as of 30 April 2026. Investment process is subject to change and provided here for illustrative purposes only; not meant to depict actual data **WYNC’s equity portfolio targets a beta of 0.9 to the MSCI World Index. Targets are predictive in nature and may be affected by unknown risks and uncertainties. Actual results may differ. There is no guarantee that a positive investment outcome will be achieved.

Who is BlackRock Systematic?

***Source: BlackRock as of 30 September 2025

$378
USD billion - Global assets under management***
Increase40
years of systematic investing experience***
Increase200
professionals including investment experts and technologists***

***Source: BlackRock as of 30 September 20

Income investing
Make income a core part of your portfolio

Markets can change quickly, but income can play an enduring role. Explore how income-focused investing may help support returns and keep you progressing toward your financial goals through every market cycle.

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Discover a new way to access active strategies

Active ETFs are managed by portfolio managers who seek to outperform the broad market. They offer investors a cost-efficient, liquid and transparent way to access actively managed investment strategies.

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Unlock new ways to seek consistent outcomes

Systematic investing combines big data, data science and deep human expertise to modernise how portfolios are built, helping investors seek consistent outcomes in an unpredictable world.

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Global investing made easy

Tax, currency and other perceived risks have traditionally contributed to a home bias among local investors. Through the simplicity of ETFs, investors can now access some of the world’s largest companies in a single trade.