UCITS stands for Undertakings for Collective Investment in Transferable Securities
"UCITS" short for Undertakings for Collective Investments in Transferable securities are investments funds that are a form of Hedge fund banking. These funds are sold to European retail investors.
IGHY is the ticker symbol for iShares Global High Yield Corp Bond UCITS ETF. This refers to an exchange traded fund that deals largely with fixed income investments, like bonds.
"Ighy" does not have a commonly recognized meaning in English. It may be a slang term, abbreviation, or typo. Can you provide more context or clarify where you heard or saw this term?