BetaShares GGOV ETF (ASX:GGOV)

BetaShares Global Government Bond 20+ Year ETF (Currency Hedged)

About the GGOV ETF

BetaShares Global Government Bond 20+ Year ETF (Currency Hedged) GGOV aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of high-quality, long-dated, income-producing bonds issued by some of the largest developed economies in the world, hedged into AUD.

GGOV ETF Performance Review

1
Year

-2.34

3
Year

5
Year

Since
Inception

-2.96

Running
Yield

1.73

Yield To
Maturity

1.1

Data Current To: 31/08/2021

Our review of GGOV ETF

Invests in long maturity bonds issued by G7 governments, including USA, Japan, Germany, UK, Italy, France and Canada

Bonds must be issued in the country's local currency in the respective domestic market, and have a remaining term to maturity of more than 20 years

There is a cap of 25% on any one country's dollar duration contribution to GGOV's index

Average AA credit rating as at 31 August 2021

Exposure is hedged into AUD

What we like about the GGOV ETF

Good international diversification

High quality portfolio

Things to be aware of about the GGOV ETF

Small fund with Net Assets of less than $4 million as at 31 August 2021

Very long 28 years to average maturity and 21.5 years duration

GGOV ETF Investment Strategy

GGOV's strategy is to invest in a portfolio of long-maturity bonds issued by governments of the G7 nations (USA, Japan, Germany, United Kingdom, Italy, France and Canada). To be eligible, bonds must be issued in the country’s local currency in the respective domestic market, and have a remaining term to maturity of more than 20 years. Securities are weighted in the Fund's index according to their market value, with a cap of 25% on any one country’s dollar duration contribution to GGOV's index. Exposure is hedged into AUD.

GGOV ETF Share Price

What does the GGOV ETF Invest In?

GGOV is a Government Bond ETF.

BetaShares Global Government Bond 20+ Year ETF (Currency Hedged) GGOV strategy is to invest in a portfolio of long-maturity bonds issued by governments of the G7 nations (USA, Japan, Germany, United Kingdom, Italy, France and Canada).

GGOV ETF Credit Quality

The average credit quality of the GGOV ETF is AA.

A detailed breakdown of the credit quality is expressed below.

GGOV Frequently Asked Questions

What index does the GGOV ETF aim to replicate?

The GGOV ETF aims to replicate the S&P G7 Sovereign Duration-Capped 20+ Year AUD Hedged Bond Index.

How often does GGOV ETF pay distributions?

The distribution frequency of GGOV is Quarterly.

When did the GGOV ETF start?

The inception date of the GGOV ETF was 07/05/2020.

What are the net assets of the GGOV ETF?

GGOV has net assets of $3.6m (AUD) as of 31/08/2021.

What are the number of holdings in the GGOV ETF?

Total number of holdings in GGOV is 111 as of 31/08/2021.

What are the management fees for the GGOV ETF?

The annual management fees for the GGOV ETF are 0.22% p.a. Learn more about ETF fees in this article.

How can I invest in the GGOV ETF?

GGOV is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the GGOV ETF have a minimum investment amount?

No, there is no minimum to invest in the Betashares GGOV ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the GGOV ETF?

No, GGOV has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The GGOV ETF: Betashares

BetaShares was founded in 2009 with the aim to provide intelligent investment solutions to help Australian investors meet their financial objectives.

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