Betashares has announced two new US Treasury ETFs to its portfolio.
The two new ETFs are:
- Betashares Inflation-Protected U.S. Treasury Bond Currency Hedged ETF (ASX: UTIP) provides exposure to a portfolio of US Treasury Inflation-Protected Securities (‘TIPS’). UTIP is now available on the ASX
- Betashares U.S. Treasury Bond 7-10 Year Currency Hedged ETF (US10) will provide exposure to a portfolio of US Treasuries with maturities between 7 and 10 years. US10 is expected to start trading on the ASX in late September.
Betashares said that between January and August this year, cash and fixed income ETFs have received nearly $4.4 billion in net inflows from investors, making it the highest growth category in the Australian ETF industry year to date.
Betashares CEO, Mr Alex Vynokur, said the two new ETFs will provide targeted exposure to parts of the world’s most important global fixed income market.
Also read: New Australian Government Bond ETFs
“We’re proud to continue to build on our commitment to expand the range of quality fixed income investment solutions available to investors and their financial advisers,” Mr Vynokur said.
“As an asset class, fixed income has resonated strongly with investors amid the fastest rate hiking cycle in a generation. In this climate, we’re proud to expand the range of options available to investors looking to build a sophisticated fixed income allocation within a well diversified portfolio. Our expanded range of U.S. Treasury ETFs will allow investors to gain exposure to more parts of the market that have traditionally been harder to access.”
UTIP commenced trading on the ASX on 20 September, while US10 is expected to commence trading in late September.
