Single Bond ETFs are the future of investing, today.
Single Bond ETFs currently on issue
How can I use Single Bond ETFs in a portfolio?
- As part of a core fixed income allocation
- As a complement to or substitute for existing corporate bond investments
How to Invest?
Make an investment in Single Bond ETFs via your stockbroker, share trading app or investing platform by using the “ticker”.
This table contains information about the Single Bond ETFs currently on issue through Cboe Securities Exchange.
Underlying Bond Yield to Call calculations are gross calculations based on the characteristics of the underlying bond. Yield on an investment in Single Bond ETF units is calculated based on the Yield to Call of the underlying bond, minus fees and costs.
The above table contains general information only and does not constitute the provision of financial product advice. If you are considering an investment in Single Bond ETF units, it is important that you read the Product Disclosure Statement relevant to the Single Bond ETF Class of Units, and consult with a suitably qualified financial and/or tax adviser, prior to making any investment decisions. Past performance is not a reliable indication of future performance. The above yield is displayed as “Yield to Call” as it may be calculated on either A) a yield to maturity date basis; or B) a yield to early redemption date or call date basis. Some bond issuances include multiple early redemption dates and prices, therefore the realised yield on the Underlying Bond may differ from the yield estimated or quoted. The above table indicates Yield to Call (YTC) and Yield to Maturity (YTM) of the underlying bond. The Yield to Call of the Single Bond ETF is impacted by the fees and costs applicable to your investment in Single Bond ETF units. Refer to the Product Disclosure Statement for more information about fees and costs.
An investment in Single Bond ETF units is an investment in a Class of Units of the ETB Fund – Exchange Traded Bonds (ARSN: 670 479 320). Access the Product Disclosure Statement and Target Market Determination here or upon request to the issuer at no cost.
Benefits
Access
The underlying bond is not listed on an exchange, whereas the Single Bond ETF makes it accessible to a broader range of investors. Retail investors now have the ability to access bond markets without purchasing individual bonds directly from issuers, which is usually only available to wholesale investors.
Liquidity
Single Bond ETFs are generally more liquid than traditional bonds because they can be bought and sold on exchanges. Liquidity will vary depending on the specifical Single Bond ETF and market conditions.
Transparency
You’ll be able to determine the income you receive, and the performance of the underlying bond should reflect the performance of the Single Bond ETF, less fees and costs.
Diversification
Single Bond ETFs can diversify a portfolio that includes shares, property and traditional bonds, potentially lowering overall risk and providing regular income.
Choice
A variety of Single Bond ETFs will be made available for you to choose from. When multiple Single Bond ETFs are available, you’ll be able to create your own portfolio based on the underlying bond exposures you want.
Risks
A Single Bond ETF will be subject to the same risks as the underlying corporate bond.
These risks include:
* Refer to the relevant Product Disclosure Statement and Target Market Determination for full details about risks.
Product Disclosure Statements
These product disclosure statements (PDS) are issued by Trustees Australia Limited ABN 63 010 579 058; AFSL 260038 as Responsible Entity and Issuer of the ETB Fund – Exchange Traded Bonds, including any sub-trusts, which Trustees Australia Limited will be trustee for. The Responsible Entity has appointed ETB Pty Ltd ACN 670 409 462 as corporate authorised representative (no. 001305688 of AFSL 260038 as the investment manager of the ETB Fund – Exchange Traded Bonds.
Trustees Australia Limited and ETB Pty Ltd are members of the IAM Group, being the Income Asset Management Group Limited ACN 010 653 862 (ASX: IAM) and its wholly owned subsidiaries, IAM Capital Markets Ltd ACN 111 273 048 AFSL 283119, IAM Cash Markets Pty Ltd ACN 164 806 357 as corporate authorised representative (no. 001295506) of AFSL 283119, Trustees Australia Limited ACN 010 579 058 AFSL 260038, IAM Funds Pty Ltd ACN 643 600 088 as corporate authorised representative (no. 001296921) of AFSL 260038 and ETB Pty Ltd ACN 670 409 462 as corporate authorised representative (no. 001305688) of AFSL 260038.
Target Market Determinations
These Target Market Determinations are issued by Trustees Australia Limited ABN 63 010 579 058; AFSL 260038 as Responsible Entity and Issuer of the ETB Fund – Exchange Traded Bonds, including any sub-trusts, which Trustees Australia Limited will be trustee for. The Responsible Entity has appointed ETB Pty Ltd ACN 670 409 462 as corporate authorised representative (no. 0013) of AFSL 260038 as the investment manager of the ETB Fund – Exchange Traded Bonds and distributor of the associated Classes of Units.
