iShares Core Composite Bond ETF

ASX: IAF

Performance

1
Year

4.33

3
Year

5.25

5
Year

4.39

Since Inception

4.85

Running Yield

2.76

Yield To Maturity

0.74

Data Current To: 31/12/2020

Information

Issuer:
Sector:
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

Previous articleBetaShares Australian High Interest Cash ETF
Next articleiShares Government Inflation ETF
Avatar
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 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.