BetaShares Australian Government Bond ETF

ASX: AGVT

Performance

1
Year

6.22

3
Year

5
Year

Since Inception

4.29

Running Yield

2.20

Yield To Maturity

1.02

Data Current To: 31/12/2020

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: $89.9m (AUD)
Number of Holdings: 56

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

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

The ETF invests in fixed rate bonds and is exposed to interest rate risk

Previous articleVanEck Vectors Australian Subordinated Debt ETF
Next articleBetaShares Sustainability Leaders Diversified Bond ETF (Currency Hedged)
Avatar
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 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.