About the PLUS ETF
PLUS ETF invests in a diversified portfolio of Australian dollar denominated bonds and gives investors exposure to bonds issued by some of the largest companies in the world.
The VanEck managed PLUS ETF tracks the iBoxx AUD Corporates Yield Plus Mid Price Index (IBXXAYM2) which is designed to reflect the performance of the higher-yielding AUD denominated corporate bond market with credit ratings from AAA to BB-. Investment Grade bonds must make up at least 80% of the portfolio.
As at August 2021 the PLUS ETF held securities issues by NBM Co Ltd, Lonsdale Finance, McDonald's Corporation and Woolworths.
PLUS ETF Performance Review
Data Current To: 31/08/2021
Our review of PLUS ETF
A diversified portfolio of Australian dollar denominated bonds
Invests in higher yielding corporate bonds in the AAA to BB- credit rating range
Minimum 80% investment grade bonds
What we like about the PLUS ETF
Good for diversification as the ETF invests in international companies such as McDonalds Corp
Things to be aware of about the PLUS ETF
Difficult to judge the credit quality of the portfolio with no split by credit rating
Appears to hold only fixed rate bonds, but the fund doesn’t directly disclose the mix of fixed, floating and inflation linked bonds
Higher management fee of 0.32% as at 20 January 2021
PLUS ETF Investment Strategy
Invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia.
PLUS ETF Share Price
What does the PLUS ETF Invest In?
PLUS is a Corporate Bond ETF.
PLUS invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia with the aim of providing investment returns (before fees and other costs) that track the performance of the iBoxx AUD Corporates Yield Plus Mid Price Index.
As at 8 October 2021 PLUS ETF held 131 different investments.
PLUS ETF Credit Quality
The average credit quality of the PLUS ETF is A-.
PLUS Frequently Asked Questions
What index does the PLUS ETF aim to replicate?
How often does PLUS ETF pay distributions?
When did the PLUS ETF start?
What are the net assets of the PLUS ETF?
What are the number of holdings in the PLUS ETF?
What are the management fees for the PLUS ETF?
How can I invest in the PLUS ETF?
Does the PLUS ETF have a minimum investment amount?
Are there any performance fees associated with the PLUS ETF?
About The Issuer Of The PLUS ETF: VanEck
Other VanEck ETFs
- VanEck SUBD ETF (ASX:SUBD)
- VanEck EBND ETF (ASX:EBND)
- VanEck FLOT ETF (ASX:FLOT)
- VanEck PLUS ETF (ASX:PLUS)