BetaShares Australian Investment Grade Corporate Bond ETF
Opportunity to earn attractive regular income, paid monthly, from a portfolio of investment grade 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 35 bonds are selected, with eligible bonds requiring amounts outstanding of >$250m and a term to maturity of between 5.25 to 10.25 years.
Current Price | |
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Last Trade* | - |
% Change (prev day) | - |
Bid (delayed) | - |
Offer (delayed) | - |
NAV | |
---|---|
NAV/Unit * | $28.01 |
Net Assets* ($A) | $470,890,459 |
Units Outstanding* (#) | 16,813,385 |
Mgmt Costs** (% p.a.) | 0.25% |
Distribution Frequency | Monthly |
Distribution Reinvestment Plan (DRP) | Full or partial participation available |
Issuer | BetaShares Capital Ltd |
Fund Administrator | RBC Investor Services |
Custodian | RBC Investor Services |
Registry | Link Market Services |
Auditor | KPMG |
ASX Code | CRED |
Bloomberg Code | CRED AU |
IRESS Code | CRED.AXW |
Trading Hours | 10.00-16.00 (AEST) |
Market Makers | Deutsche Securities |
SMSF Eligible | Yes |
Index | Solactive Australian Investment Grade Corporate Bond Select TR Index |
Index Provider | Solactive AG |
Index Ticker | N/A |
Bloomberg Index Ticker | SOLAUSIG Index |
Running Yield (% p.a.)
Average coupon (weighted by market value) of the
bonds
in the portfolio, divided by the current market price of the bonds.
Provides
an indication of expected current income from making an investment at
market
price. This value will vary over time as interest rates change.
|
3.01 % p.a. |
Yield to Maturity (% p.a.)
Total expected return from the bond portfolio, based on current bond prices and assuming no change in prevailing interest rates. This value will vary over time. Reflects annualised costs and benefits associated with FX-hedging, where relevant.
|
2.03 % p.a. |
Average Maturity (yrs)
Average (weighted by market value) length of time
until the current
bonds in the portfolio mature.
|
7.30 yrs |
Modified Duration (yrs)
A measure of the sensitivity of the portfolio’s
value
to a change in
interest rates. For example, a Modified Duration of 0.15 years implies
that
a 1% rise in the
reference interest rate will reduce the value of the portfolio by 0.15%.
|
6.63 yrs |
Average Credit Rating
Average credit rating for the bonds in the
portfolio. Source:
Bloomberg
| BBB+ |
Name | Weight (%) |
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BETASHARES AUSTRALIAN HIGH INT | 4.7 |
WOOLWORTHS GROUP LTD 2.8% MAY-30 | 4.5 |
AGI FINANCE PTY LTD 1.8152% NOV-28 | 4.5 |
AT&T INC 4.6% SEP-28 | 4.4 |
VODAFONE GROUP PLC 4.2% DEC-27 | 3.9 |
LLOYDS BANKING GROUP PLC 4.25% NOV-27 | 3.9 |
EMIRATES NBD BANK PJSC 4.75% FEB-28 | 3.7 |
BARCLAYS PLC 4.0% JUN-29 | 3.6 |
AURIZON NETWORK PTY LTD 2.9% SEP-30 | 3.5 |
COLES GROUP TREASURY PTY LTD 2.1% AUG-30 | 3.5 |
Ticker | Name | Weight (%) | Asset Class | Sector | Country | Currency | Shares/Unit (#) | Market Value (AUD) | Notional Value (AUD) | Maturity Date | Coupon (%) | YTM (%) | Modified Duration |
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AAA AT | BETASHARES AUSTRALIAN HIGH INT | 4.7 | Equities | Financials | Australia | AUD | 440,000 | $22,033,000 | $22,033,000 | ||||
WOWAU 2.8 05/20/30 Corp | WOOLWORTHS GROUP LTD 2.8% MAY-30 | 4.5 | Bonds | AUD | 19,770,000 | $21,339,936 | $21,339,936 | 2030-05-20 | 2.8 | 1.9210 | 8.2107 | ||
AGIF 1.8152 11/23/28 Corp | AGI FINANCE PTY LTD 1.8152% NOV-28 | 4.5 | Bonds | Australia | AUD | 21,200,000 | $21,222,684 | $21,222,684 | 2028-11-23 | 1.8152 | 1.8397 | 7.2575 | |
T 4.6 09/19/28 Corp | AT&T INC 4.6% SEP-28 | 4.4 | Bonds | AUD | 17,150,000 | $20,902,935 | $20,902,935 | 2028-09-19 | 4.6 | 1.7526 | 6.5213 | ||
VOD 4.2 12/13/27 Corp | VODAFONE GROUP PLC 4.2% DEC-27 | 3.9 | Bonds | AUD | 15,880,000 | $18,463,438 | $18,463,438 | 2027-12-13 | 4.2 | 1.7518 | 6.0569 | ||
LLOYDS 4.25 11/22/27 Corp | LLOYDS BANKING GROUP PLC 4.25% NOV-27 | 3.9 | Bonds | AUD | 16,120,000 | $18,391,630 | $18,391,630 | 2027-11-22 | 4.25 | 2.1320 | 5.9693 | ||
EBIUH 4.75 02/09/28 Corp | EMIRATES NBD BANK PJSC 4.75% FEB-28 | 3.7 | Bonds | AUD | 15,000,000 | $17,333,325 | $17,333,325 | 2028-02-09 | 4.75 | 2.6475 | 5.9594 | ||
BACR 4 06/26/29 Corp | BARCLAYS PLC 4.0% JUN-29 | 3.6 | Bonds | AUD | 15,500,000 | $17,170,125 | $17,170,125 | 2029-06-26 | 4.0 | 2.6036 | 7.2009 | ||
AZJAU 2.9 09/02/30 Corp | AURIZON NETWORK PTY LTD 2.9% SEP-30 | 3.5 | Bonds | AUD | 15,990,000 | $16,775,349 | $16,775,349 | 2030-09-02 | 2.9 | 2.4540 | 8.1066 | ||
CGJAU 2.1 08/27/30 Corp | COLES GROUP TREASURY PTY LTD 2.1% AUG-30 | 3.5 | Bonds | AUD | 16,240,000 | $16,685,138 | $16,685,138 | 2030-08-27 | 2.1 | 1.8812 | 8.4059 | ||
VZ 2.65 05/06/30 Corp | VERIZON COMMUNICATIONS INC 2.65% MAY-30 | 3.5 | Bonds | AUD | 15,500,000 | $16,407,758 | $16,407,758 | 2030-05-06 | 2.65 | 2.0198 | 8.2068 | ||
AUSGF 1.814 02/05/27 Corp | AUSGRID FINANCE PTY LTD 1.814% FEB-27 | 3.4 | Bonds | Australia | AUD | 16,040,000 | $16,281,723 | $16,281,723 | 2027-02-05 | 1.814 | 1.6945 | 5.4429 | |
UTSYDN 3.75 07/20/27 Corp | UNIVERSITY OF TECHNOLOGY SYDNEY 3.75% JUL-27 | 3.4 | Bonds | AUD | 14,150,000 | $16,211,372 | $16,211,372 | 2027-07-20 | 3.75 | 1.3970 | 5.8439 | ||
MCD 3.8 03/08/29 Corp | MCDONALD'S CORP 3.8% MAR-29 | 3.3 | Bonds | AUD | 13,290,000 | $15,593,622 | $15,593,622 | 2029-03-08 | 3.8 | 1.6938 | 6.8332 | ||
QNBK 4.9 02/01/28 Corp | QNB FINANCE LTD 4.9% FEB-28 | 3.3 | Bonds | AUD | 13,380,000 | $15,591,313 | $15,591,313 | 2028-02-01 | 4.9 | 2.6651 | 5.9142 | ||
MET 4 07/13/27 Corp | METROPOLITAN LIFE GLOBAL FUNDING I 4.0% JUL-27 | 3.2 | Bonds | AUD | 13,317,000 | $15,311,687 | $15,311,687 | 2027-07-13 | 4.0 | 1.5717 | 5.7836 | ||
BPCEGP 4.5 04/26/28 Corp | BPCE SA 4.5% APR-28 | 3.2 | Bonds | AUD | 13,280,000 | $15,285,878 | $15,285,878 | 2028-04-26 | 4.5 | 2.3818 | 6.2228 | ||
MQGAU 4.15 12/15/27 Corp | MACQUARIE GROUP LTD 4.15% DEC-27 | 3.1 | Bonds | AUD | 13,070,000 | $14,748,645 | $14,748,645 | 2027-12-15 | 4.15 | 2.1972 | 6.0431 | ||
IPLAU 4.3 03/18/26 Corp | INCITEC PIVOT LTD 4.3% MAR-26 | 3.1 | Bonds | AUD | 13,010,000 | $14,700,845 | $14,700,845 | 2026-03-18 | 4.3 | 1.9395 | 4.4087 | ||
LOFINA 2.1 10/15/27 Corp | LONSDALE FINANCE PTY LTD 2.1% OCT-27 | 3.1 | Bonds | AUD | 14,070,000 | $14,525,727 | $14,525,727 | 2027-10-15 | 2.1 | 1.6766 | 6.0203 | ||
EBIUH 3.05 02/26/30 Corp | EMIRATES NBD BANK PJSC 3.05% FEB-30 | 2.6 | Euro Bond | AUD | 12,150,000 | $12,452,900 | $12,452,900 | 2030-02-26 | 3.05 | 2.8885 | 7.8187 | ||
ABIBB 4.1 09/06/27 Corp | ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.1% SEP-27 | 2.5 | Bonds | AUD | 10,120,000 | $11,959,563 | $11,959,563 | 2027-09-06 | 4.1 | 1.4554 | 5.8192 | ||
ORGAU 2.65 11/11/27 Corp | ORIGIN ENERGY FINANCE LTD 2.65% NOV-27 | 2.3 | Bonds | AUD | 10,480,000 | $11,012,960 | $11,012,960 | 2027-11-11 | 2.65 | 1.9287 | 5.9915 | ||
LLCAU 3.4 10/27/27 Corp | LENDLEASE FINANCE LTD 3.4% OCT-27 | 2.3 | Bonds | AUD | 10,070,000 | $10,713,372 | $10,713,372 | 2027-10-27 | 3.4 | 2.4946 | 5.8107 | ||
AU3CB0266906 Corp | PACIFIC NATIONAL FINANCE PTY LTD 3.7% SEP-29 | 2.2 | Bonds | AUD | 10,080,000 | $10,514,398 | $10,514,398 | 2029-09-24 | 3.7 | 3.2842 | 7.1362 | ||
NETFIN 2.25 11/11/26 Corp | NETWORK FINANCE CO PTY LTD 2.25% NOV-26 | 2.0 | Bonds | AUD | 9,220,000 | $9,700,823 | $9,700,823 | 2026-11-11 | 2.25 | 1.4315 | 5.1996 | ||
QANAU 5.25 09/09/30 Corp | QANTAS AIRWAYS LTD 5.25% SEP-30 | 1.9 | Bonds | AUD | 7,700,000 | $8,780,426 | $8,780,426 | 2030-09-09 | 5.25 | 3.7401 | 7.3854 | ||
SGTOPT 2.5 07/01/30 Corp | OPTUS FINANCE PTY LTD 2.5% JUL-30 | 1.8 | Bonds | AUD | 7,990,000 | $8,483,542 | $8,483,542 | 2030-07-01 | 2.5 | 1.8006 | 8.4247 | ||
NSWENF 2.543 09/23/30 Corp | NSW ELECTRICITY NETWORKS FINANCE PTY LTD 2.543% SEP-30 | 1.5 | Corporate Bond | AUD | 7,010,000 | $7,272,630 | $7,272,630 | 2030-09-23 | 2.543 | 2.2062 | 8.3021 | ||
CPIFFI 2.485 10/28/30 Corp | CPIF FINANCE PTY LTD 2.485% OCT-30 | 1.2 | Bonds | Australia | AUD | 5,800,000 | $5,887,986 | $5,887,986 | 2030-10-28 | 2.485 | 2.3752 | 8.3954 | |
QANAU 2.95 11/27/29 Corp | QANTAS AIRWAYS LTD 2.95% NOV-29 | 1.2 | Bonds | AUD | 6,050,000 | $5,774,997 | $5,774,997 | 2029-11-27 | 2.95 | 3.6115 | 7.6516 | ||
WSOFIN 4.5 03/31/27 Corp | WSO FINANCE PTY LTD 4.5% MAR-27 | 1.0 | Bonds | AUD | 4,000,000 | $4,745,560 | $4,745,560 | 2027-03-31 | 4.5 | 1.5666 | 5.2435 | ||
CEUAU 3.4 03/25/26 Corp | CONNECTEAST FINANCE PTY LTD 3.4% MAR-26 | 0.8 | Bonds | AUD | 3,300,000 | $3,655,031 | $3,655,031 | 2026-03-25 | 3.4 | 1.4550 | 4.5244 | ||
AIANZ 4.5 09/23/27 Corp | AUCKLAND INTERNATIONAL AIRPORT LTD 4.5% SEP-27 | 0.8 | Bonds | AUD | 3,050,000 | $3,574,082 | $3,574,082 | 2027-09-23 | 4.5 | 1.9746 | 5.7795 | ||
CGJAU 2.65 11/06/29 Corp | COLES GROUP TREASURY PTY LTD 2.65% NOV-29 | 0.5 | Bonds | AUD | 2,070,000 | $2,241,675 | $2,241,675 | 2029-11-06 | 2.65 | 1.6974 | 7.6430 | ||
BACAU 4.5 12/30/30 Corp | BRISBANE AIRPORT CORP PTY LTD 4.5% DEC-30 | 0.5 | Bonds | AUD | 2,000,000 | $2,183,630 | $2,183,630 | 2030-12-30 | 4.5 | 3.4318 | 7.8987 | ||
ANVAU 2.6 07/31/29 Corp | AUSNET SERVICES HOLDINGS PTY LTD 2.6% JUL-29 | 0.4 | Bonds | AUD | 1,950,000 | $2,112,435 | $2,112,435 | 2029-07-31 | 2.6 | 1.7006 | 7.5905 | ||
NEE 2.2 12/02/26 Corp | NEXTERA ENERGY CAPITAL HOLDINGS INC 2.2% DEC-26 | 0.4 | Bonds | AUD | 1,760,000 | $1,825,208 | $1,825,208 | 2026-12-02 | 2.2 | 1.5881 | 5.4856 | ||
CHETAU 2.317 09/25/30 Corp | CHARTER HALL EXCHANGE FINANCE PTY LTD 2.317% SEP-30 | 0.3 | Bonds | AUD | 1,200,000 | $1,226,952 | $1,226,952 | 2030-09-25 | 2.317 | 2.1440 | 8.3815 | ||
QPHFIN 2.85 01/29/31 Corp | QPH FINANCE CO PTY LTD 2.85% JAN-31 | 0.2 | Bonds | AUD | 1,000,000 | $1,079,815 | $1,079,815 | 2031-01-29 | 2.85 | 2.1123 | 8.4504 | ||
VTAH1 Comdty | AUST 5YR BOND FUT MAR21 | Bond Future | AUD | 41 | 2021-03-15 | ||||||||
XMH1 Comdty | AUST 10Y BOND FUT MAR21 | Commodity Future | AUD | 105 | 2021-03-15 |
Financial | 32.9% |
Communications | 13.0% |
Consumer, Non-cyclical | 21.1% |
Utilities | 15.5% |
Industrial | 7.3% |
Consumer, Cyclical | 6.9% |
Basic Materials | 3.4% |
Fund | Index | |
---|---|---|
1 month | 0.12% | 0.34% |
3 months | 2.68% | 2.83% |
6 months | 5.96% | 5.99% |
1 year | 7.69% | 8.76% |
3 year p.a | - | 8.40% |
5 year p.a | - | 7.29% |
Since inception (p.a) | 8.70% | 9.25% |
Inception date | 31-May-18 | - |
Distribution Frequency | Monthly |
12 Mth Distribution Yield* (%) | 4.3% |
12 Mth Gross Distribution Yield* (%) | - |
Franking Level | - |
Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
---|---|---|---|---|
4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.08408 | 4.57% |
1-Dec-20 | 2-Dec-20 | 16-Dec-20 | $0.05236 | 5.51% |
2-Nov-20 | 3-Nov-20 | 17-Nov-20 | $0.05303 | 5.56% |
1-Oct-20 | 2-Oct-20 | 16-Oct-20 | $0.05344 | 5.50% |
1-Sep-20 | 2-Sep-20 | 16-Sep-20 | $0.05285 | 5.53% |
3-Aug-20 | 4-Aug-20 | 18-Aug-20 | $0.05659 | 5.72% |
1-Jul-20 | 2-Jul-20 | 16-Jul-20 | $0.25638 | 5.78% |
1-Jun-20 | 2-Jun-20 | 17-Jun-20 | $0.11004 | 5.21% |
1-May-20 | 4-May-20 | 18-May-20 | $0.11512 | 5.11% |
1-Apr-20 | 2-Apr-20 | 20-Apr-20 | $0.10966 | 5.04% |
2-Mar-20 | 3-Mar-20 | 17-Mar-20 | $0.14465 | 4.35% |
3-Feb-20 | 4-Feb-20 | 18-Feb-20 | $0.10131 | 4.06% |
2-Jan-20 | 3-Jan-20 | 17-Jan-20 | $0.10579 | 3.97% |
2-Dec-19 | 3-Dec-19 | 17-Dec-19 | $0.08001 | 3.98% |
1-Nov-19 | 4-Nov-19 | 18-Nov-19 | $0.06407 | 4.02% |
1-Oct-19 | 2-Oct-19 | 16-Oct-19 | $0.06671 | 4.29% |
2-Sep-19 | 3-Sep-19 | 17-Sep-19 | $0.05445 | 4.38% |
1-Aug-19 | 2-Aug-19 | 16-Aug-19 | $0.06051 | 4.39% |
1-Jul-19 | 2-Jul-19 | 16-Jul-19 | $0.12562 | 4.50% |
3-Jun-19 | 4-Jun-19 | 19-Jun-19 | $0.07664 | 4.41% |
1-May-19 | 2-May-19 | 16-May-19 | $0.07789 | - |
1-Apr-19 | 2-Apr-19 | 16-Apr-19 | $0.07851 | - |
1-Mar-19 | 4-Mar-19 | 18-Mar-19 | $0.07364 | - |
1-Feb-19 | 4-Feb-19 | 18-Feb-19 | $0.07689 | - |
2-Jan-19 | 3-Jan-19 | 17-Jan-19 | $0.08194 | - |
3-Dec-18 | 4-Dec-18 | 18-Dec-18 | $0.07744 | - |
1-Nov-18 | 2-Nov-18 | 16-Nov-18 | $0.08086 | - |
1-Oct-18 | 2-Oct-18 | 16-Oct-18 | $0.07127 | - |
3-Sep-18 | 4-Sep-18 | 18-Sep-18 | $0.07897 | - |
1-Aug-18 | 2-Aug-18 | 16-Aug-18 | $0.08283 | - |
2-Jul-18 | 3-Jul-18 | 17-Jul-18 | $0.07285 | - |
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Factsheet - CRED |
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Fund Flyer - CRED |
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Product Brochure - CRED |
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Portfolio Holdings |
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Product Disclosure Statement - CRED |
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Annual Report - June 2020 |
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NRWT and Fund Payment Notice information - December 2020 distributions |
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NRWT and Fund Payment Notice information - November 2020 distributions |
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NRWT and Fund Payment Notice information - October 2020 distributions |
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NRWT and Fund Payment Notice information - September 2020 distributions |
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NRWT and Fund Payment Notice information - August 2020 distributions |
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NRWT and Fund Payment Notice information - July 2020 distributions |
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NRWT and Fund Payment Notice information - June 2020 distributions |
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NRWT and Fund Payment Notice information - May 2020 distributions |
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NRWT and Fund Payment Notice information - April 2020 distributions |
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NRWT and Fund Payment Notice information - March 2020 distributions |
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NRWT and Fund Payment Notice information - February 2020 distributions |
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NRWT and Fund Payment Notice information - January 2020 distributions |
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2020 BetaShares Distribution Calendar |
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