Australian Investment Grade Corporate Bond ETF
- Cash & Fixed income
Earn attractive income from Australian corporate bonds
CRED aims to track the performance of an index (before fees and expenses) that provides intelligent exposure to a portfolio of senior, fixed-rate, investment grade Australian corporate bonds.
The Fund’s strategy will preference securities offering superior expected excess returns over Australian government bonds. Up to 50 bonds are selected, with eligible bonds requiring amounts outstanding of >$250m and a term to maturity of between 5.25 to 10.25 years.
Benefits of CRED
Attractive income paid monthly
Income is paid monthly at a rate expected to be higher than term deposits, government and composite bond exposures.
Diversification & defence
Australian corporate bonds historically have tended to rise when Australian shares have fallen, providing potential diversification and defensive benefits for portfolios.
Invest in bonds intelligently
CRED selects bonds based on expected returns rather than debt outstanding, seeking to avoid the shortcomings of traditional debt-weighted indices and provide higher returns.
There are risks associated with an investment in CRED, including interest rate risk, credit risk, market risk and index tracking risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to Invest
- You can buy or sell units just like you’d buy or sell any share on the ASX.
- Fund requires no minimum investment.
|% Change (prev day)|
* Data is delayed by at least 20 minutes.
* As at 30 November 2023
|Net assets* ($A)||$623,157,591|
|Units outstanding* (#)||28,573,692|
|Management fee and cost** (p.a.)||0.25%|
|Distribution reinvestment plan (DRP)||Full or partial participation available|
|Issuer||Betashares Capital Ltd|
|Registry||Link Market Services|
* As at 30 November 2023* As of close of previous day
**Certain additional costs apply. Please refer to PDS.
|Bloomberg code||CRED AU|
|Market makers||Susquehanna Pacific|
|Index||Solactive Australian Investment Grade Corporate Bond Select TR Index|
|Index provider||Solactive AG|
|Bloomberg index ticker||SOLAUSIG Index|
|Running yield (% p.a.)||4.62|
|Yield to maturity (% p.a.)||6.25|
|Yield to worst (% p.a.)||6.25|
|Average maturity (yrs)||7.21|
|Modified duration (yrs)||5.91|
|Average credit rating||A-|
Holdings & allocation
|DEUTSCHE BAHN FINANCE GMBH 6.016% NOV-33||4.7%|
|COLES GROUP TREASURY PTY LTD 6.208% NOV-33||2.7%|
|CONTACT ENERGY LIMITED 6.398% NOV-30||2.4%|
|AUCKLAND INTERNATIONAL AIRPORT LIMITED 6.482% NOV-33||2.4%|
|OPTUS FINANCE PTY LTD 2.5% JUL-30||2.3%|
|SCENTRE GROUP TRUST 1/2 6.5% MAY-31||2.3%|
|AUSTRALIAN UNITY FUNDS MANAGEMENT LTD. 6.781% NOV-29||2.3%|
|AUSNET SERVICES HOLDINGS 6.134% MAY-33||2.3%|
|DEXUS FINANCE PTY LTD 3.0% FEB-32||2.3%|
|VERIZON COMMUNICATIONS 2.65% MAY-30||2.2%|
* As at 1 December 2023. Excludes cash
* As of 31 October 2023
Fund returns after fees (%)
|3 year p.a.||-4.74%||-4.51%|
|5 year p.a.||0.71%||1.05%|
|10 year p.a.||-||3.89%|
|Since inception (p.a.)||0.97%||1.32%|
* As at 31 October 2023.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
|12 mth distribution yield*||4.8%|
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
|Ex Date||Record Date||Payment Date||Distribution Unit ($)||Annual Distribution Return (%) (1)|
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.
ASX announcements: CRED
NRWT and Fund Payment Notice information
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