BetaShares HCRD ETF (ASX:HCRD)

BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF

Australian

About the HCRD ETF

HCRD invests in underlying CRED but is hedged to remove interest rate risk.

HCRD ETF Performance Review

9.58

10.39

4.28

5.55

Data Current To: 29/12/2023

Our review of HCRD ETF

Principally the same portfolio as BetaShares CRED, but is hedged to remove interest rate risk

What we like about the HCRD ETF

Good diversification by sector

Things to be aware of about the HCRD ETF

New fund based on an existing portfolio

Is not actively managed so will miss the opportunity to earn additional returns even when investors can make money by holding exposure to interest rate risk

HCRD ETF Investment Strategy

HCRD obtains its exposure to investment grade Australian corporate bonds by investing in the BetaShares Australian Investment Grade Corporate Bond ETF (ASX: CRED). CRED’s portfolio includes up to 50 bonds, with eligible bonds requiring amounts outstanding of at least $250 million and a term to maturity of between 5.25 and 10.25 years. Alongside its exposure to bonds, HCRD sells bond futures contracts to substantially reduce interest rate risk, mitigating the potential negative impact of rising interest rates on the performance of the corporate bond portfolio.

What does the HCRD ETF Invest In?

HCRD is a Corporate Bond ETF.

HCRD invests in investment grade corporate bonds

HCRD ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

HCRD Frequently Asked Questions

What index does the HCRD ETF aim to replicate?

The HCRD ETF aims to replicate the Solactive Australian Investment Grade Corporate Bond Select DH.

How often does HCRD ETF pay distributions?

The distribution frequency of HCRD is Monthly.

When did the HCRD ETF start?

The inception date of the HCRD ETF was 14/11/2022.

What are the net assets of the HCRD ETF?

HCRD has net assets of $3.7m (AUD) as of 29/12/2023.

What are the number of holdings in the HCRD ETF?

Total number of holdings in HCRD is 50 as of 29/12/2023.

What are the management fees for the HCRD ETF?

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

How can I invest in the HCRD ETF?

HCRD 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 HCRD ETF have a minimum investment amount?

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

No, HCRD 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.