VanEck Vectors Australian Corporate Bond Plus ETF

ASX: PLUS

5.84

6.09

5.81

3.24

1.56

Data Current To: 31/12/2020

Company offering the investment.Issuer:	VanEck
Types of bonds in the ETF.Sector:	Corporate
Index:	Markit iBoxx AUD Corporates Yield Plus Index
Inception Date:	01/05/2017
Strategy:	Invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia.

Key Features

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

Positives	Negatives
Good for diversification as the ETF invests in international companies such as McDonalds Corp	Difficult to judge the credit quality of the portfolio with no split by credit rating, nor average credit rating provided 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

Positives

Negatives

Good for diversification as the ETF invests in international companies such as McDonalds Corp

Difficult to judge the credit quality of the portfolio with no split by credit rating, nor average credit rating provided

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