BetaShares Investment Grade Corporate Bond ETF

    ASX: CRED

    Performance

    1
    Year

    3.76

    3
    Year

    5
    Year

    Since Inception

    7.88

    Running Yield

    3.39

    Yield To Maturity

    2.43

    Data Current To: 30/06/2020

    Information

    Issuer:
    Sector:
    Index:
    Solactive Australian Investment Grade Corporate Bond Select TR Index
    Inception Date: 01/05/2018
    Strategy: The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of investment grade fixed-rate Australian corporate bonds. Eligible bonds must have amounts outstanding of at least $250m and a term to maturity of between 5.25 to 10.25 years Up to 35 bonds are selected from eligible universe, with each bond assigned an equal weight as at each rebalance date.

    Details

    Management Costs: 0.25% p.a.
    Income Distribution: Monthly
    Net Assets: $364.1m (AUD)
    Number of Holdings: 35

    Sector Distribution

    Credit Quality

    FINA Comments

    Key Features

    Senior, investment grade bonds with an average A- credit rating

    The ETF consists of 100% fixed rate bonds and is exposed to interest rate risk

    Eligible bonds must have at least $250m and term to maturity of between 5.25 to 10.25 years

    No single issuer will have a weight of more than 7% at each rebalance date

    Positives Negatives

    Bonds chosen by expected returns rather than debt outstanding

    Monthly income payments

    Small number of investments with maximum 35 held