SPDR BOND ETF (ASX:BOND)

SPDR S&P / ASX Australian Bond Fund

About the BOND ETF

The SPDR S&P/ASX BOND ETF aims track the performance of the of the S&P/ASX Australian Fixed Interest Index. The S&P/ASX Australian Fixed Interest Index Series is designed to measure the performance of the Australian bond market. The BOND ETF was created in 2012, has a quarterly distribution frequency.

BOND ETF Performance Review

5.19

-3.42

0.25

2.28

3.02

4.19

Data Current To: 31/12/2023

Our review of BOND ETF

A predominantly government bond portfolio with a small allocation to corporate bonds with a minimum BBB- credit rating

The ETF invests in fixed rate bonds and is exposed to interest rate risk

What we like about the BOND ETF

High quality investment grade portfolio with close to 80% allocation to government and government related entities.Reasonable diversification with circa 164 bonds held as at 31 December 2023.

The ETF is exposed to interest rate risk

Things to be aware of about the BOND ETF

Relatively high management fee of 0.24% as at 31 December 2023

No average credit rating

BOND ETF Investment Strategy

The SPDR S&P/ASX Australian Government Bond Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Government Bond Index. The issuer must be either the Australian Commonwealth Government or Australian State Government, Territories, and Semi-Government issuers.

What does the BOND ETF Invest In?

BOND is a Corporate Bond ETF.

The BOND ETF invests in a portfolio predominantly consisting of government bonds with a small allocation to corporate bonds. The corporate bonds have a credit rating of BBB- or higher.

BOND ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

BOND Frequently Asked Questions

What index does the BOND ETF aim to replicate?

The BOND ETF aims to replicate the S&P / ASX Australian Fixed Interest Index.

How often does BOND ETF pay distributions?

The distribution frequency of BOND is Quarterly.

When did the BOND ETF start?

The inception date of the BOND ETF was 26/07/2012.

What are the net assets of the BOND ETF?

BOND has net assets of $38.33m (AUD) as of 31/12/2023.

What are the number of holdings in the BOND ETF?

Total number of holdings in BOND is 164 as of 31/12/2023.

What are the management fees for the BOND ETF?

The annual management fees for the BOND ETF are 0.24% p.a. Learn more about ETF fees in this article.

How can I invest in the BOND ETF?

BOND 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 BOND ETF have a minimum investment amount?

No, there is no minimum to invest in the State Street SPDR BOND 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 BOND ETF?

No, BOND 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.