APIR: ETL5010AU
Performance
1
Year
Year
8.78
3
Year
Year
5
Year
Year
Since Inception
8.78
Running Yield
Yield To Maturity
Data Current To: 03/04/2025
Information
Issuer: |
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Sector: |
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Index: |
Bloomberg AusBond Credit FRN 0+ Yr Index |
| Inception Date: | 05/12/2022 |
| Strategy: | The Fund predominantly invests in a portfolio of cash securities and investment grade floating-rate, Australian bank-issued senior and tier 2 bonds. It also has the capacity to invest in government bonds and corporate bonds. In contrast to fixed-rate bonds, FRNs pay a variable-rate of interest that resets monthly or quarterly and moves up and down with changes in a recognised reference interest rate. |
Details
| Management Costs: | 1.00% p.a. |
| Minimum Initial Amount: | $1000 |
| Income Distribution: | Quarterly |
| Number of Holdings: | 98 |
