iShares ISEC ETF (ASX:ISEC)

iShares Enhanced Cash ETF

About the ISEC ETF

ISEC ETF aims to outperform the S&P/ASX Bank Bill Index (before fees and expenses) and provide investors with cost-efficient access to enhanced yield for your portfolio's cash allocation.

The ISEC ETF offers the ability to achieve potentially enhanced regular income with a diversified portfolio of higher-yielding high quality short-term money market instruments, including floating rate notes. It is truly liquid and only holds instruments that can be easily sold to meet investor requirements.

The S&P/ASX Bank Bill Index offers short term exposure to Australian denominated bank bills with maturity profiles of up to three months. ISEC ETF provides investors with with exposure to investments that focus on capital preservation and delivering monthly distributions.

The ETF has more than $260 million in assets as at 31 December 2024. Inception was June 2017.

ISEC ETF Performance Review

4.75

3.36

2.15

2.09

4.56

Data Current To: 31/12/2023

Our review of ISEC ETF

Very low risk ETF

Minimal interest rate risk

What we like about the ISEC ETF

Monthly income

Low management fee of 0.12%

Holds liquid securities

Things to be aware of about the ISEC ETF

Very short term, passive fund

ISEC ETF Investment Strategy

It offers the ability to achieve potentially enhanced regular income with a diversified portfolio of higher-yielding high quality short-term money market instruments, including floating rate notes. It is truly liquid and only holds instruments that can be easily sold to meet investor requirements.

What does the ISEC ETF Invest In?

ISEC is a Cash ETF.

ISEC ETF invests in range of different cash and derivative instruments, including floating rate notes. As at December 2024 the ISEC ETF held 52 investments.

ISEC ETF Credit Quality

ISEC Frequently Asked Questions

What index does the ISEC ETF aim to replicate?

The ISEC ETF aims to replicate the S&P / ASX Bank Bill Index.

How often does ISEC ETF pay distributions?

The distribution frequency of ISEC is Monthly.

When did the ISEC ETF start?

The inception date of the ISEC ETF was 02/06/2017.

What are the net assets of the ISEC ETF?

ISEC has net assets of $262.8m (AUD) as of 31/12/2023.

What are the number of holdings in the ISEC ETF?

Total number of holdings in ISEC is 52 as of 31/12/2023.

What are the management fees for the ISEC ETF?

The annual management fees for the ISEC ETF are 0.12% p.a. Learn more about ETF fees in this article.

How can I invest in the ISEC ETF?

ISEC 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 ISEC ETF have a minimum investment amount?

No, there is no minimum to invest in the BlackRock ISEC 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 ISEC ETF?

No, ISEC 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.

ISEC ETF News

BetaShares AAA ETF in the Spotlight (February 28th, 2024)

About The Issuer Of The ISEC ETF: BlackRock

For more than 30 years, BlackRock has offered a range of solutions for institutions, financial professionals and individuals, to help them take control of their financial security.