SPDR BOND ETF (ASX:BOND)

SPDR S&P / ASX Australian Bond Fund

About the BOND ETF

The SPDR S&P/ASX BOND ETF aims track the performance of the of the S&P/ASX Australian Fixed Interest Index. The S&P/ASX Australian Fixed Interest Index Series is designed to measure the performance of the Australian bond market. The BOND ETF was created in 2012, has a quarterly distribution frequency and around $45 million in net assets.

BOND ETF Performance Review

1
Year

0.75

3
Year

4.54

5
Year

3.18

Since
Inception

4.04

Running
Yield

2.53

Yield To
Maturity

0.96

Data Current To: 31/08/2021

Our review of BOND ETF

A predominantly government bond portfolio with a small allocation to corporate bonds with a minimum BBB- credit rating

The ETF invests in fixed rate bonds and is exposed to interest rate risk

What we like about the BOND ETF

Reasonable diversification with circa 158 bonds held

Things to be aware of about the BOND ETF

Relatively high management fee of 0.24% as at 31 August 2021

BOND ETF Investment Strategy

The SPDR S&P/ASX Australian Government Bond Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Government Bond Index. The issuer must be either the Australian Commonwealth Government or Australian State Government, Territories, and Semi-Government issuers.

BOND ETF Share Price

What does the BOND ETF Invest In?

BOND is a Corporate Bond ETF.

The BOND ETF invests in a portfolio predominantly consisting of government bonds with a small allocation to corporate bonds. The corporate bonds have a credit rating of BBB- or higher.

BOND ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

BOND Frequently Asked Questions

What index does the BOND ETF aim to replicate?

The BOND ETF aims to replicate the S&P / ASX Australian Fixed Interest Index.

How often does BOND ETF pay distributions?

The distribution frequency of BOND is Quarterly.

When did the BOND ETF start?

The inception date of the BOND ETF was 26/07/2012.

What are the net assets of the BOND ETF?

BOND has net assets of $44.8m (AUD) as of 31/08/2021.

What are the number of holdings in the BOND ETF?

Total number of holdings in BOND is 158 as of 31/08/2021.

What are the management fees for the BOND ETF?

The annual management fees for the BOND ETF are 0.24% p.a. Learn more about ETF fees in this article.

How can I invest in the BOND ETF?

BOND 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 BOND ETF have a minimum investment amount?

No, there is no minimum to invest in the State Street SPDR BOND 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 BOND ETF?

No, BOND 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 BOND ETF: State Street SPDR

The asset management arm of State Street Corporation, and the creator of the worlds first ETFs more than 40 years ago.

Next articleiShares IHEB ETF (ASX:IHEB)
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.