BetaShares Legg Mason Australian Bond Fund

    ASX: BNDS

    Performance

    1
    Year

    4.92

    3
    Year

    5
    Year

    Since Inception

    6.69

    Running Yield

    2.75

    Yield To Maturity

    1.00

    Data Current To: 31/12/2020

    Information

    Issuer:
    Sector:
    Index:
    Bloomberg AusBond Composite Index
    Inception Date: 07/11/2018
    Strategy: BNDS invests in an actively managed, diversified portfolio of Australian bonds and aims to outperform the Bloomberg AusBond Composite Index over rolling three-year periods.

    Details

    Management Costs: 0.42% p.a.
    Income Distribution: Monthly
    Net Assets: $160.7m (AUD)

    Sector Distribution

    Credit Quality

    FINA Comments

    Key Features

    Actively managed, diversified portfolio of investment grade corporate Australian bonds

    More than 40% of the fund is invested in Australian Commonwealth and state government bonds as at 31 December 2020

    Average ÔAAÕ credit rating

    The ETF invests in a high percentage of fixed rate bonds and is exposed to interest rate risk

    Positives Negatives

    Monthly income

    Relatively high management fee of 0.42% as at 31 December 2020

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    Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at of communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.