BetaShares BHYB ETF (ASX:BHYB)

BetaShares Australian Major Bank Hybrids Index ETF

Australian

About the BHYB ETF

BetaShares BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.

nb: Net Running Yield and All in Yield (% p.a.) shown.

BHYB ETF Performance Review

2.89

2.93

5.27

6.7

Data Current To: 29/12/2023

Our review of BHYB ETF

Invests in 'Top 4' bank ASX listed hybrids. Hybrids are floating rate securities, so the fund takes very little interest rate risk

What we like about the BHYB ETF

Niche fund targeting ASX listed major bank hybrids

While credit ratings are not disclosed, the fund would be rated as investment grade

Things to be aware of about the BHYB ETF

Small number of investments

The ETF has consistently underperformed the index and investors could invest direct and achieve higher returns

BHYB ETF Investment Strategy

BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.

What does the BHYB ETF Invest In?

BHYB is a Corporate Bond ETF.

The BetaShares BHYB invests in Australian major bank ASX listed hybrids

BHYB ETF Credit Quality

BHYB Frequently Asked Questions

What index does the BHYB ETF aim to replicate?

The BHYB ETF aims to replicate the Solactive Australian Banking Preferred Shares Index.

How often does BHYB ETF pay distributions?

The distribution frequency of BHYB is Monthly.

When did the BHYB ETF start?

The inception date of the BHYB ETF was 21/04/2021.

What are the net assets of the BHYB ETF?

BHYB has net assets of $329.7m (AUD) as of 29/12/2023.

What are the number of holdings in the BHYB ETF?

Total number of holdings in BHYB is 18 as of 29/12/2023.

What are the management fees for the BHYB ETF?

The annual management fees for the BHYB ETF are 0.35% p.a. Learn more about ETF fees in this article.

How can I invest in the BHYB ETF?

BHYB 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 BHYB ETF have a minimum investment amount?

No, there is no minimum to invest in the Betashares BHYB 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 BHYB ETF?

No, BHYB 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.