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

    ASX: GGOV

    Performance

    1
    Year

    3
    Year

    5
    Year

    Since Inception

    0.42

    Running Yield

    1.73

    Yield To Maturity

    0.87

    Data Current To: 31/12/2020

    Information

    Issuer:
    Sector:
    Index:
    S&P G7 Sovereign Duration-Capped 20+ Year AUD Hedged Bond Index
    Inception Date: 01/05/2020
    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.

    Details

    Management Costs: 0.22% p.a.
    Income Distribution: Quarterly
    Net Assets: $1.9m (AUD)
    Number of Holdings: 135

    Sector Distribution

    Credit Quality

    FINA Comments

    Key Features

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

    Bonds must be issued in the countryÕs 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 countryÕs dollar duration contribution to GGOVÕs index

    Average AA credit rating as at 20 January 2021

    Exposure is hedged into AUD

    Positives Negatives

    Good international diversification

    High quality portfolio

    Small fund with Net Assets of less than $4 million as at 18 January 2021

    Very long 28 years to average maturity and 21.5 years duration