BetaShares Legg Mason Australian Bond Fund | BetaShares
  • Download factsheet
  • Request info pack
  • Request a call

Thank you for your request, an email will be sent to you shortly. If you don’t receive it within 30 minutes please contact info@betashares.com.au

OVERVIEW

About

Aims to provide efficient access to an actively managed and broadly diversified portfolio of high quality Australian fixed income securities.

  • Invests across the full fixed income spectrum to maximise investment opportunities available.
  • Employs a strong risk management and quality focus – aiming to invest in only quality issues and manage interest rate risk.
  • Investors benefit from a disciplined portfolio construction approach by an experienced and award winning investment manager – Western Asset.

Advantages

  • Core fixed income solution – Fund invests in a broad portfolio of Australian government, semi-government, corporate bonds and other eligible fixed income securities.
  • Regular attractive income – Income paid monthly, and expected to exceed income paid on cash and term deposits.
  • Diversification & defence – Australian bonds have historically tended to rise in value when Australian shares have fallen, providing diversification benefits and defensive characteristics to portfolios.
  • Professional active management – Experienced investment management team seeks to add value through a number of sources, including interest rate management (duration and yield curve positioning) and sector and security selection.
  • Transparent – Portfolio holdings, value of the Fund’s assets, yield information and net asset value per unit available daily on our 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

Watch our video with the Fund’s portfolio manager

KEY FACTS

Pricing Information 14 December 2018

Current Price
Last Trade* $25.30
% Change (prev day) 0%
Bid (delayed) $25.30
Offer (delayed) $25.32
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $25.27
* As at 13 December 2018

Profile

Net Assets* ($A) $29,049,750
Units Outstanding* (#) 1,149,557
Mgmt Costs** (% p.a.) 0.42%
Distribution Frequency Monthly
Distribution Reinvestment Plan (DRP) Full or partial participation available
Issuer BetaShares Capital Ltd
Investment Manager Legg Mason Asset Management Australia Limited
Fund Administrator RBC Investor Services
Custodian RBC Investor Services
Registry Link Market Services
Auditor KPMG
* As at 13 December 2018
* As of close of previous day
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code BNDS
Bloomberg Code BNDS AU
IRESS Code BNDS.AXW
Trading Hours 10:00-16:00 (AEST)
Market Makers Deutsche Securities
SMSF Eligible Yes

Index Information

Index N/A
Index Provider N/A
Index Ticker N/A
Bloomberg Index Ticker N/A

Portfolio Characteristics

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.
3.59 % 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.
2.78 % p.a.
Average Maturity (yrs)
Average (weighted by market value) length of time until the current bonds in the portfolio mature.
5.39 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%.
4.98 yrs
Average Credit Rating
Average credit rating for the bonds in the portfolio. Source: Bloomberg
AA
As at 12/12/2018

Sector Allocation

Corporate Investment Grade
41.9%
Semi-Government
22.0%
Commonwealth Government
16.5%
Supranational
16.2%
Covered
2.1%
Cash
0.7%
Asset Backed
0.6%
* As of 30 November 2018

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month - -
3 months - -
6 months - -
1 year - -
3 year p.a - -
5 year p.a - -
Since inception (p.a) 0.68% 0.71%
Inception date 7-Nov-18 -
* As at 30 November 2018

Chart

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.

DISTRIBUTIONS

Yield Information

Distribution Frequency Monthly
12 Mth Distribution Yield* (%) -
12 Mth Gross Distribution Yield* (%) -
Franking Level -

Recent Distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
3-Dec-18 4-Dec-18 18-Dec-18 $0.03618 -
View more

ANNOUNCEMENTS

ASX Announcements: BNDS

Download
Showing - of

RESOURCES

Factsheet - BNDS
Download
Brochure - BNDS
Download
Flyer - BNDS
Download
Portfolio Holdings
Download
PDS - BNDS
Download
NRWT and Fund Payment Notice information – November 2018 distributions
Download
View more

LEARN MORE ABOUT BNDS

Request an info pack