iShares IHCB ETF (ASX:IHCB)

iShares Core Global Corporate Bond (AUD Hedged) ETF

About the IHCB ETF

iShares Core Global Corporate Bond (AUD Hedged) ETF IHCB tracks the performance of the Bloomberg Barclays Global Aggregate Corporate Bond Index (AUD Hedged), before fees and expenses. The index is designed to measure the AUD hedged performance of the global investment grade corporate fixed-rate debt market.

IHCB ETF offers tri-annual distributions and is designed to give investors simple, low-cost exposure to investment grade corporate bonds across global markets and sectors in a single fund. It also gives investors international exposure while minimising the impact of Australian dollar volatility.

The ETF is managed by iShares/BlackRock and holds more than 50 different securities. It first traded in 2015 and in August 2021 had $285 million in net assets.

IHCB ETF Performance Review

1
Year

2.44

3
Year

5.59

5
Year

3.68

Since
Inception

4.81

Running
Yield

2.76

Yield To
Maturity

1.57

Data Current To: 31/08/2021

Our review of IHCB ETF

Global corporate bond fund invested in another investment grade fund and cash/ derivatives

Diversified portfolio, with the majority rated in the BBB range

What we like about the IHCB ETF

Full disclosure on investments in the underlying fund

Hedged to AUD

Things to be aware of about the IHCB ETF

Concentrated with more than more than 50% of bonds in US companies

IHCB ETF Investment Strategy

The fund aims to provide investors with the performance of the Bloomberg Barclays Global Aggregate Corporate Bond Index (AUD Hedged), before fees and expenses. The index is designed to measure the AUD hedged performance of the global investment grade corporate fixed-rate debt market.

IHCB ETF Share Price

What does the IHCB ETF Invest In?

IHCB is a Corporate Bond ETF.

IHCB ETF invests in investment grade, global corporate bonds. More than 50% of the portfolio is held in US bonds but the portfolio is hedged back into Australian dollars.

IHCB ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

IHCB Frequently Asked Questions

What index does the IHCB ETF aim to replicate?

The IHCB ETF aims to replicate the Bloomberg Global Aggregate Corporate Bond Index (AUD Hedged).

How often does IHCB ETF pay distributions?

The distribution frequency of IHCB is Tri-Annually.

When did the IHCB ETF start?

The inception date of the IHCB ETF was 04/12/2015.

What are the net assets of the IHCB ETF?

IHCB has net assets of $285m (AUD) as of 31/08/2021.

What are the number of holdings in the IHCB ETF?

Total number of holdings in IHCB is 90 as of 31/08/2021.

What are the management fees for the IHCB ETF?

The annual management fees for the IHCB ETF are 0.26% p.a. Learn more about ETF fees in this article.

How can I invest in the IHCB ETF?

IHCB is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the IHCB ETF have a minimum investment amount?

No, there is no minimum to invest in the BlackRock IHCB ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the IHCB ETF?

No, IHCB has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The IHCB ETF: BlackRock

For more than 30 years, BlackRock has offered a range of solutions for institutions, financial professionals and individuals, to help them take control of their financial security.

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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 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.