BetaShares BSUB ETF (ASX:BSUB)

BetaShares Australian Major Bank Subordinated Debt ETF

About the BSUB ETF

BSUB aims to track the performance of the Solactive Australian Major Bank Subordinated FRN Index (before fees and expenses) that provides exposure to a portfolio of floating rate subordinated bonds issued by the four major Australian banks.

BSUB ETF Performance Review

5.94

6.03

5.37

Data Current To: 28/02/2025

Our review of BSUB ETF

Low risk, high quality portfolio

Floating rate

Big 4 bank bonds

What we like about the BSUB ETF

Monthly income

High quality portfolio

Bonds must have at least $500m outstanding and a maximum 10 years to maturity

Things to be aware of about the BSUB ETF

Concentrated

Maximum 16 investments

BSUB ETF Investment Strategy

BSUB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of floating rate subordinated bonds issued by the four major Australian banks. The Fund’s strategy is to invest in Tier-2 floating rate subordinated bonds denominated in Australian dollars, issued by the ‘big 4’ Australian banks. Eligible bonds must have amounts outstanding of at least $500 million and a remaining maximum term to maturity of 10 years.

What does the BSUB ETF Invest In?

BSUB is a ETF.

High-quality subordinated bonds issued by the Big 4 Australian banks (CBA, ANZ, NAB and Westpac).

BSUB ETF Credit Quality

The average credit quality of the BSUB ETF is A.

BSUB Frequently Asked Questions

What index does the BSUB ETF aim to replicate?

The BSUB ETF aims to replicate the Solactive Australian Major Bank Subordinated FRN Index.

How often does BSUB ETF pay distributions?

The distribution frequency of BSUB is Monthly.

When did the BSUB ETF start?

The inception date of the BSUB ETF was 06/05/2024.

What are the net assets of the BSUB ETF?

BSUB has net assets of $228.5m (AUD) as of 28/02/2025.

What are the management fees for the BSUB ETF?

The annual management fees for the BSUB ETF are 0.29% p.a. Learn more about ETF fees in this article.

How can I invest in the BSUB ETF?

BSUB 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 BSUB ETF have a minimum investment amount?

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

No, BSUB 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.