ASX: IAF
Performance
1
Year
Year
4.33
3
Year
Year
5.25
5
Year
Year
4.39
Since Inception
4.85
Running Yield
2.76
Yield To Maturity
0.74
Data Current To: 31/12/2020
Information
Issuer: |
BlackRock |
Sector: |
Corporate |
Index: |
Bloomberg AusBond Composite 0+ Yr Index |
| Inception Date: | 12/03/2012 |
| Strategy: | The fund aims to provide investors with the performance of the Bloomberg AusBond Composite 0+ Yr IndexSM, before fees and expenses. The index is designed to measure the performance of the Australian bond market and includes investment grade fixed income securities issued by the Australian Treasury, Australian semi-government entities, supranational and sovereign entities and corporate entities |
Details
| Management Costs: | 0.15% p.a. |
| Income Distribution: | Quarterly |
| Net Assets: | $1633.7m (AUD) |
| Number of Holdings: | 518 |
Sector Distribution
Credit Quality
FINA Comments
Key Features
Established fund predominantly investing in government bonds with some corporate exposure
The ETF is exposed to interest rate risk with circa 90% of the portfolio allocated to fixed rate bonds
| Positives | Negatives |
|---|---|
Running yield benefits from purchasing government bonds when interest rates were higher More than $1.6 trillion held in the fund as at 20 January 2021 |
Average yield to maturity is less than 0.8% as at 19 January 2021 |
