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

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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.