ASX: ICOR
Performance
1
Year
Year
3
Year
Year
5
Year
Year
Since Inception
Running Yield
3.08
Yield To Maturity
1.03
Data Current To: 31/12/2020
Information
Issuer: |
BlackRock |
Sector: |
Corporate |
Index: |
Bloomberg AusBond Credit 0+ Yr Index |
| Inception Date: | 01/05/2020 |
| Strategy: | The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of the Australian corporate bond market and includes investment grade fixed income securities issued corporate entities. |
Details
| Management Costs: | 0.15% p.a. |
| Income Distribution: | Quarterly |
| Net Assets: | $13.4m (AUD) |
| Number of Holdings: | 72 |
Sector Distribution
Credit Quality
FINA Comments
Key Features
An investment grade, Australian corporate bond portfolio that includes international corporations issuing AUD bonds
Incorporates ESG awareness by screening out companies involved in controversial weapons, fossil fuels, tobacco, civilian firearms and UN compact violators
| Positives | Negatives |
|---|---|
Low 0.15% fee More than 65% of securities rated single A or above |
No track record, a new fund that began in May 2020 Less diversified compared to other corporate bond ETFs with 72 investments as at 20 January 2021 |
