BetaShares HBRD ETF (ASX:HBRD)

BetaShares Active Australian Hybrids Fund

About the HBRD ETF

BetaShares Active Australian Hybrids Fund HBRD ETF aims to provide investors with attractive income returns from an actively managed, diversified portfolio of primarily hybrid securities.

The HBRD ETF provides convenient exposure to a diversified portfolio of hybrids, which seeks to reduce the potential downside risk of directly holding individual hybrids.

The HBRD ETF pays income monthly at a rate expected to be significantly higher than the cash and senior bonds, along with franking credits.

NB: Net Running Yield and All In Yield shown.

HBRD ETF Performance Review

4.01

3.69

5.83

6.16

Data Current To: 29/12/2023

Our review of HBRD ETF

Invests in ASX listed hybrids with a small allocation to bonds and cash

Hybrids are floating rate securities, so the fund takes very little interest rate risk

What we like about the HBRD ETF

Unique Australian fund that that targets a specific segment of the market

Has the capacity to earn franking credits

Monthly distributions

Things to be aware of about the HBRD ETF

Doesn't disclose credit rating profile

Concentrated financial institution portfolio

HBRD ETF Investment Strategy

HBRD invests in an actively managed portfolio of hybrid securities overseen by a professional investment manager. If the hybrid market is assessed to be overvalued or to present a heightened risk of capital loss, the fund can allocate more of the portfolio to lower risk securities such as cash or bonds.

HBRD ETF Share Price

What does the HBRD ETF Invest In?

HBRD is a Corporate Bond ETF.

BetaShares Active Australian Hybrids Fund HBRD actively manages a portfolio of hybrid securities, bonds and cash.

HBRD ETF Credit Quality

HBRD Frequently Asked Questions

What index does the HBRD ETF aim to replicate?

The HBRD ETF aims to replicate the Solactive Australian Hybrd Securities Index.

How often does HBRD ETF pay distributions?

The distribution frequency of HBRD is Monthly.

When did the HBRD ETF start?

The inception date of the HBRD ETF was 13/11/2017.

What are the net assets of the HBRD ETF?

HBRD has net assets of $2155.1m (AUD) as of 29/12/2023.

What are the number of holdings in the HBRD ETF?

Total number of holdings in HBRD is 89 as of 29/12/2023.

What are the management fees for the HBRD ETF?

The annual management fees for the HBRD ETF are 0.55% p.a. Learn more about ETF fees in this article.

How can I invest in the HBRD ETF?

HBRD 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 HBRD ETF have a minimum investment amount?

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

No, HBRD 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.

HBRD ETF News

BetaShares’ Hybrid ETFs, HBRD and BHYB In The Spotlight (June 25th, 2024)
Seven ETFs Where FUM Exceeds $1 billion (January 24th, 2024)
Five ETF Investment Themes To Diversify Your Portfolio (November 30th, 2021)
Two ETFs I’d buy right now: BetaShares (ASX:CRED) and BetaShares (ASX:HBRD) (July 27th, 2021)

About The Issuer Of The HBRD ETF: Betashares

BetaShares was founded in 2009 with the aim to provide intelligent investment solutions to help Australian investors meet their financial objectives.