BetaShares Investment Grade Corporate Bond ETF

ASX: CRED

Performance

1
Year

7.69

3
Year

5
Year

Since Inception

8.70

Running Yield

2.96

Yield To Maturity

2.00

Data Current To: 31/12/2020

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: $468.9m (AUD)
Number of Holdings: 39

Sector Distribution

Credit Quality

FINA Comments

Key Features

Senior, investment grade bonds with an average BBB+ 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 39 held

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