- 11 January 2016
HBRD - BETASHARES ACTIVE AUS HYBRIDS FUND (MANAGED FUND)
Fund ObjectiveHBRD aims to provide investors with attractive income returns from an actively managed, diversified portfolio of primarily hybrid securities.
HBRD will invest in an actively managed portfolio of hybrid securities overseen by a professional investment manager. If the hybrids market is assessed to be overvalued or to present a heightened risk of capital loss, the Fund can allocate more of the portfolio to lower risk securities such as cash or bonds.
Invested in 34 hybrids/bonds at end of February 2022. Some 97% of the fund is in Preference Shares, with the remainder in Subordinated Bonds and Cash. Hybrids are securities that combine elements of bonds and shares. Their share-like features can provide a higher return than bonds, but they have higher risk and can be complicated.
|Net Assets* ($A)||$1,720,534,540|
|Units Outstanding* (#)||168,986,833|
|Mgmt Costs** (% p.a.)||0.55%|
Fund Returns After Fees (%)
|Since inception (p.a) (Nov 2017)||Nett 3.76%||Gross (incl franking) 4.70%||Index 3.95%|