About the IAF ETF
The IAF ETF provides exposure to a portfolio of investment grade fixed income securities issued by the Australian Treasury, Australian semi-government entities, supranational and sovereign entities and corporate entities. The IAF ETF aims to provide investors with the performance of the Bloomberg AusBond Composite 0+ Yr Index, before fees and expenses. The IAF ETF was established in 2012 and has net assets of more than $1.7 billion as at 8 October 2021.
IAF ETF Performance Review
Year
0.87
Year
4.35
Year
3.15
Inception
4.5
Yield
2.6
Maturity
0.91
Data Current To: 31/08/2021
Our review of IAF ETF
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
What we like about the IAF ETF
Running yield benefits from purchasing government bonds when interest rates were higher
More than $1.78 billion held in the fund as at 8 October 2021
Things to be aware of about the IAF ETF
Average yield to maturity is less than 0.8% as at 8 October 2021
IAF ETF Investment Strategy
The fund aims to provide investors with the performance of the Bloomberg AusBond Composite 0+ Yr Index, 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
IAF ETF Share Price
What does the IAF ETF Invest In?
IAF is a Corporate Bond ETF.
The Fund generally invests in the investment grade fixed income securities issued by the Australian Treasury, Australian semi‐ government entities, supranational and sovereign entities and corporate entities that form the Index.
While it is intended that the securities invested in by the Fund will comprise investment grade issues, issues may be downgraded or the credit rating may be withdrawn in certain circumstances from time to time. In such event, the Fund may hold non‐investment grade issues until such time as such non‐investment grade issues cease to form part of the Index (where applicable) and it is possible and practicable (in the view of BlackRock) to liquidate the position.
The IAF ETF aims to provide investors with the performance of the Bloomberg AusBond Composite 0+ Yr Index, before fees and expenses. The index is designed to measure the performance of the Australian bond market. The IAF ETF is an established fund that predominantly invests in government bonds with some corporate exposure. The Treasury sector accounts for almost 60% of the IAF ETF's allocation.
IAF ETF Credit Quality
A detailed breakdown of the credit quality is expressed below.
IAF Frequently Asked Questions
What index does the IAF ETF aim to replicate?
How often does IAF ETF pay distributions?
When did the IAF ETF start?
What are the net assets of the IAF ETF?
What are the number of holdings in the IAF ETF?
What are the management fees for the IAF ETF?
How can I invest in the IAF ETF?
Does the IAF ETF have a minimum investment amount?
Are there any performance fees associated with the IAF ETF?
IAF ETF News
- Five ETF Investment Themes To Diversify Your Portfolio (November 30th, 2021)
About The Issuer Of The IAF ETF: BlackRock
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