BetaShares Australian Government Bond ETF

    ASX: AGVT

    Performance

    1
    Year

    3
    Year

    5
    Year

    Since Inception

    5.39

    Running Yield

    2.37

    Yield To Maturity

    1

    Data Current To: 30/06/2020

    Information

    Issuer:
    Sector:
    Index:
    Solactive Australian Government 7 - 12 Year AUD TR Index
    Inception Date: 05/07/2019
    Strategy: The Fund’s strategy is to invest primarily in a portfolio of relatively ‘long duration’ Australian government bonds. Eligible bonds must be AUD denominated fixed-rate bonds and have a term to maturity of between 7 to 12 years. 75% of the total portfolio weight is allocated to bonds issued by Australian federal and state governments, and 25% of the total portfolio weight is allocated to bonds issued by supranational organisations, Australian and foreign government agencies and other similar issuers.

    Details

    Management Costs: 0.22% p.a.
    Income Distribution: Monthly
    Net Assets: $20.8m (AUD)
    Number of Holdings: 49

    Sector Distribution

    Credit Quality

    FINA Comments

    Key Features

    Very low risk portfolio that invests in Australian federal and state government bonds, with a component issued by supra-nationals and sovereign agencies with average credit rating of AAA

    The ETF invests in a high percentage of fixed rate bonds and is exposed to interest rate risk

    Positives Negatives

    Monthly income

    No track record - New fund that started in July 2019

    Long average term until maturity and long duration, investors are taking interest rate risk