ASX: HBRD
Performance
1
Year
Year
3.07
3
Year
Year
3.88
5
Year
Year
Since Inception
4.07
Running Yield
3.47
Yield To Maturity
2.51
Data Current To: 31/12/2020
Information
Issuer: |
Betashares |
Sector: |
Corporate |
Index: |
Solactive Australian Hybrd Securities Index |
| Inception Date: | 13/11/2017 |
| Strategy: | HBRD will invest in an actively managed portfolio of hybrid securities overseen by a professional investment manager. If the hybrids market is assessed to be overvalued or to present a heightened risk of capital loss, the Fund can allocate more of the portfolio to lower risk securities such as cash or bonds. |
Details
| Management Costs: | 0.55% p.a. |
| Income Distribution: | Monthly |
| Net Assets: | $965.6m (AUD) |
| Number of Holdings: | 38 |
Sector Distribution
FINA Comments
Key Features
Invests in ASX listed hybrids with a small allocation to cash and bonds
Hybrids are floating rate securities, so the fund takes very little interest rate risk
| Positives | Negatives |
|---|---|
Unique Australian fund that that targets a specific segment of the market Has the capacity to earn franking credits Monthly distributions |
Doesn't disclose credit rating profile Concentrated financial institution portfolio |
