BetaShares AGVT ETF (ASX:AGVT)

BetaShares Australian Government Bond ETF

Domestic

About the AGVT ETF

The BetaShares Australian Government Bond ETF AGVT is managed by BetaShares and provides investors with exposure to a portfolio of bonds issued by Australian federal and state governments. AGVT ETF aims to track the performance of the Solactive Australian Government 7 - 12 Year AUD TR Index.

The AGVT ETF was created in 2019, has nearly $180 million and offers investors monthly distributions.

AGVT ETF Performance Review

6.22

-1.94

2.56

4.18

Data Current To: 29/12/2023

Our review of AGVT ETF

Low risk portfolio that invests in Australian federal and state government bonds, with a component issued by supra-nationals and sovereign agencies with average credit rating of AAA

The ETF invests in a high percentage of fixed rate bonds and is exposed to interest rate risk

What we like about the AGVT ETF

Monthly income

Things to be aware of about the AGVT ETF

Long average term until maturity and long duration, investors are taking interest rate risk

The ETF invests in fixed rate bonds and is exposed to interest rate risk

AGVT ETF Investment Strategy

The Fund's strategy is to invest primarily in a portfolio of relatively 'long duration' Australian government bonds. Eligible bonds must be AUD denominated fixed-rate bonds and have a term to maturity of between 7 to 12 years. 75% of the total portfolio weight is allocated to bonds issued by Australian federal and state governments, and 25% of the total portfolio weight is allocated to bonds issued by supranational organisations, Australian and foreign government agencies and other similar issuers.

What does the AGVT ETF Invest In?

AGVT is a Government Bond ETF.

The BetaShares Australian Government Bond ETF AGVT invests in a portfolio of relatively long duration‚ Australian government bonds. Bonds must have a term to maturity of between 7 to 12 years. Bonds issued by Australian federal and state governments account for 75% of the AGVT ETF portfolio.

AGVT ETF Credit Quality

The average credit quality of the AGVT ETF is AAA.

A detailed breakdown of the credit quality is expressed below.

AGVT Frequently Asked Questions

What index does the AGVT ETF aim to replicate?

The AGVT ETF aims to replicate the Solactive Australian Government 7 - 12 Year AUD TR Index.

How often does AGVT ETF pay distributions?

The distribution frequency of AGVT is Monthly.

When did the AGVT ETF start?

The inception date of the AGVT ETF was 05/07/2019.

What are the net assets of the AGVT ETF?

AGVT has net assets of $600.6m (AUD) as of 29/12/2023.

What are the number of holdings in the AGVT ETF?

Total number of holdings in AGVT is 62 as of 29/12/2023.

What are the management fees for the AGVT ETF?

The annual management fees for the AGVT ETF are 0.22% p.a. Learn more about ETF fees in this article.

How can I invest in the AGVT ETF?

AGVT is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the AGVT ETF have a minimum investment amount?

No, there is no minimum to invest in the Betashares AGVT ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the AGVT ETF?

No, AGVT has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.