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Betashares Australian Major Bank Subordinated Debt ETF (ASX: BSUB) - Share Price and Research

- Current share price for BSUB : $25.470

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Betashares Australian Major Bank Subordinated Debt ETF (BSUB) invest in Tier-2 floating rate subordinated bonds denominated in Australian dollars, issued by the 'big 4' Australian banks. It allows investors to obtain exposure to investment grade subordinated bonds from all four banks (CBA, ANZ, NAB and Westpac) in a single trade.

General Information

Betashares Australian Mjr Bk Subordntd Dbt ETF
BetaShares Capital Ltd
Unconstrained Fixed Income
Bloomberg AusBond Composite 0+Y TR AUD
starstarstar
Not Rated
Investment Fund
6 May 2024
$118.52 million (as at 10 Dec 2024)
n/a
n/a

BSUB ETF performance (31 Oct 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.82 1.79 - - - - - -
Growth return -0.12 0.26 1.15 - - - - -
Income return (Yield) 0.94 1.53 - - - - - -

Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.14 -0.46 3.02 5.16 2.65 -0.93 -0.61 2.09

Asset Allocation (31 Oct 2024)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

Provide an investment return that aims to track the performance of the Solactive Australian Major Bank Subordinated FRN Index, before taking into account fees and expenses.
The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive Australian Major Bank Subordinated FRN Index (the 'Index'), before taking into account fees and expenses.

Offer information

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.