BetaShares OZBD ETF (ASX:OZBD)

BetaShares Australian Composite Bond ETF

Australian

About the OZBD ETF

BetaShares OZBD ETF invests based on securities risk-adjusted income potential rather than debt outstanding and focuses on bonds with high income potential

OZBD ETF Performance Review

6.84

-2.82

3.49

4.54

Data Current To: 29/12/2023

Our review of OZBD ETF

High quality portfolio that takes interest rate risk with circa 70% allocation to government and government related bonds as at 29 December 2023

What we like about the OZBD ETF

High quality investment grade portfolio

Takes interest rate risk

Things to be aware of about the OZBD ETF

Newer fund with limited track record

OZBD ETF Investment Strategy

OZBD is designed to be a core portfolio allocation for fixed income. OZBD aims to track the Bloomberg Australian Enhanced Yield Composite Bond Index, before fees and expenses. This index takes an intelligent investment approach by weighting bonds on the basis of their risk-adjusted income potential rather than debt-weighting, and aims to provide investors with higher returns than the most commonly used Australian fixed income benchmark, the AusBond Composite Index (AusBond).

What does the OZBD ETF Invest In?

OZBD is a Multi Sector ETF.

OZBD invests in government and government related bonds as well as high quality corporate bonds

OZBD ETF Credit Quality

The average credit quality of the OZBD ETF is AA.

A detailed breakdown of the credit quality is expressed below.

OZBD Frequently Asked Questions

What index does the OZBD ETF aim to replicate?

The OZBD ETF aims to replicate the AusBond Composite Bond Index.

How often does OZBD ETF pay distributions?

The distribution frequency of OZBD is Monthly.

When did the OZBD ETF start?

The inception date of the OZBD ETF was 02/02/2022.

What are the net assets of the OZBD ETF?

OZBD has net assets of $202.8m (AUD) as of 29/12/2023.

What are the number of holdings in the OZBD ETF?

Total number of holdings in OZBD is 427 as of 29/12/2023.

What are the management fees for the OZBD ETF?

The annual management fees for the OZBD ETF are 0.19% p.a. Learn more about ETF fees in this article.

How can I invest in the OZBD ETF?

OZBD 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 OZBD ETF have a minimum investment amount?

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

No, OZBD 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.