asset_category: Australian Fixed Interest
peer_benchmark: (ETF) Fixed Interest - Australian Fixed Interest Index
broad_market_index: Australian Bond Composite 0-10Y Index
manager_contact_details: Array
ticker: BNDS
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
The BetaShares Legg Mason Australian Bond Fund (managed fund) (the “Fund”) provides investors with exposure to an actively managed portfolio of Australian bonds, managed by an experienced fixed income investment manager. The Fund invests in an actively managed, diversified portfolio of Australian bonds and aims to provide an after-fee return above the Bloomberg AusBond Composite Index over rolling three-year periods.
- Fund invests in a broad portfolio of Australian government, semi-government, corporate bonds and other eligible fixed income securities.
- Income paid monthly, and aims to exceed income paid on cash and term deposits.
- Disciplined portfolio construction maintains a key focus on managing interest rate risk by limiting duration to one year away from the benchmark.
- The Fund aims to hold no more than 5% of its market value in corporate bonds issued by Australian entities in foreign currency markets. The aim is to fully hedge these positions into Australian Dollars
structure: ETF