BetaShares Active Australian Hybrids Fund

    ASX: HBRD

    Performance

    1
    Year

    3.07

    3
    Year

    3.88

    5
    Year

    Since Inception

    4.07

    Running Yield

    3.47

    Yield To Maturity

    2.51

    Data Current To: 31/12/2020

    Information

    Issuer:
    Sector:
    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

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    Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at of communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.