Inflation-Protected U.S. Treasury Bond Currency Hedged ETF
- Cash & Fixed income
Invest in a portfolio of inflation-protected US Treasuries
UTIP aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of US Treasury Inflation-Protected Securities (‘TIPS’), hedged into AUD.
TIPS are a type of government bond issued by the US Treasury, whose face value and interest payments are adjusted for inflation, as measured by US CPI.
Benefits of UTIP
Inflation-protected principal and income
TIPS provide protection from a higher inflation environment by indexing both principal and coupon payments to the US CPI.
Potential defensive benefits
As part of a broader portfolio, UTIP may provide defensive benefits during times of significant global economic weakness.
Potential outperformance in inflationary environments
TIPS typically outperform traditional fixed rate Treasuries of equivalent maturities when inflation is higher than expected, or when inflation expectations are on the upswing (but likewise can be expected to underperform in declining inflationary environments).
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 6 December 2023
|Net assets* ($A)||$95,975,623|
|Units outstanding* (#)||3,800,000|
|Management fee and cost** (p.a.)||0.22%|
|Investment manager||Betashares Capital Ltd|
|Distribution reinvestment plan (DRP)||Full or partial participation available|
|Registry||Link Market Services|
* As at 6 December 2023* As of close of previous day
**Certain additional costs apply. Please refer to PDS.
|Bloomberg code||UTIP AU|
|Market makers||BNP Paribas Arbitrage SNC|
|Index||Bloomberg Global Inflation-Linked: U.S. TIPS Total Return Index Hedged AUD|
|Bloomberg index ticker||H01551AU Index|
|Running yield (local currency, % p.a.)||0.86|
|Real yield (local currency, % p.a.)||2.27|
|Yield to maturity (local currency, % p.a.)||4.51|
|Estimated FX hedging impact (% p.a.)||-1.27|
|Average maturity (yrs)||7.01|
|Modified duration (yrs)||6.50|
|Average credit rating||AA+|
Holdings & allocation
|UNITED STATES TREASURY INFLATION INDEXED BONDS 1.375% JUL-33||3.6%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 1.125% JAN-33||3.6%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.625% JUL-32||3.6%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.125% JAN-32||3.3%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.375% JUL-25||3.3%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 1.625% OCT-27||3.3%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 1.25% APR-28||3.2%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.125% JUL-31||3.1%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.125% APR-27||3.1%|
|UNITED STATES TREASURY INFLATION INDEXED BONDS 0.125% OCT-26||3.1%|
* As at 7 December 2023. Excludes cash
* As of 31 October 2023
Fund returns after fees (%)
|3 year p.a.||-||-2.59%|
|5 year p.a.||-||1.68%|
|10 year p.a.||-||2.12%|
* As at 30 November 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*||-|
*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)|