Overview
- Fund Information
- Why Consider This Fund?
- Fund Availability
Fund Information
Investment Objective
The Fund aims to earn an after fee return in excess of the Bloomberg AusBond Composite 0+yr Index over rolling three year periods.
Why Consider This Fund?
- 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 aims 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.
- Strong risk management focus – Disciplined portfolio construction maintains a key focus on managing interest rate risk by limiting duration to one year away from the benchmark.
- Liquidity – Available to trade on ASX like any share, capital not locked away like term deposits.
- Transparent – Portfolio holdings, value of the Fund’s assets, yield information and net asset value per unit available daily on our website.
Fund Availability
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Portfolio
Portfolio Allocations
Documents
Product Literature
Factsheet - BetaShares Western Asset Australian Bond Active ETF
Flyer - Betashares Western Asset Australian Bond Active ETF
Regulatory Documents
Product Disclosure Statements - Betashares Western Asset Australian Bond Active ETF
Annual Report - Betashares Western Asset Australian Bond Active ETF
TMD - Betashares Western Asset Australian Bond Active ETF
Important Legal Information
Betashares Capital Ltd (ABN 78 139 566 868 AFSL 341181) (Betashares) is the issuer and responsible entity of the Betashares Western Asset Australian Bond Active ETF (ARSN 608 058 493). Betashares has appointed Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827) as investment manager for the Managed Fund. Western Asset, a specialist investment manager within Franklin Templeton Australia Limited provides the investment services for the Managed Fund.
Footnotes
The average credit quality (ACQ) rating may change over time. The portfolio itself has not been rated by an independent rating agency. The letter rating, which may be based on bond ratings from different agencies (or internal ratings for unrated bonds, cash and equivalents), is provided to indicate the average credit rating of the portfolio's underlying investments and generally ranges from AAA (highest) to D (lowest). For unrated bonds, cash and equivalents, ratings may be assigned based on the ratings of the issuer, the ratings of the underlying holdings of a pooled investment vehicle, or other relevant factors. The ACQ is determined by assigning a sequential integer to all credit ratings AAA to D, taking a simple, asset-weighted average of investments by market value and rounding to the nearest rating. The risk of default increases as a bond's rating decreases, so the ACQ provided is not a statistical measurement of the portfolio’s default risk because a simple, weighted average does not measure the increasing level of risk from lower-rated bonds. The ACQ may be lower if cash and equivalents are excluded from the calculation. The ACQ is provided for informational purposes only. Derivative positions are not reflected in the ACQ.
Credit Quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by S&P Global Ratings, Moody's Investors Service and/or Fitch Ratings, Inc. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, if two or more of the agencies have assigned differing ratings to a security, the highest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the portfolio does not apply to the stability or safety of the portfolio. The methodology used for the calculation of credit quality ratings displayed may differ from the methodology for monitoring investment limits, if applicable. Please note, the portfolio itself has not been rated by an independent rating agency.