ASX: CRED
Performance
1
Year
Year
3.76
3
Year
Year
5
Year
Year
Since Inception
7.88
Running Yield
3.39
Yield To Maturity
2.43
Data Current To: 30/06/2020
Information
Issuer: |
Betashares |
Sector: |
Corporate |
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 |
