ETB01F
IAM WBC 7.199% 15/11/2038 Fixed to Floating Bond ETF
Underlying bond
Westpac Wholesale Subordinated Notes 7.199% FXD to FRN 2038 (ISIN: AU3CB0304376)
Access the predictable returns and capital preservation of a high-quality subordinated bond issued by Westpac Banking Corp.
Pricing Information
| Current price | View current price |
| NAV/Unit* | 25.47 |
| Net assets* | 343,875.82 |
| Units outstanding* | 13,500.00 |
| Management fees and costs** (p.a.) | 0.265% |
*As at 20 August 2025
**Refer to PDS for more information.
Portfolio Holdings*
| $ | % | |
|---|---|---|
| Cash | 3,579.37 | 1.04% |
| Underlying Bond | 340,755.00 | 98.96% |
| Total | 344,334.37 | 100% |
Excludes accrued management fees and costs
Excludes accrued management fees and costs
Profile
Portfolio Characteristics*
| Bond Yield (%) | 5.992 |
| Indicative ETB Yield (%) | 5.989 |
| First Call Date | 15 November 2033 |
| Maturity Date | 15 November 2038 |
| Fixed / Floating | Fixed to Floating |
| Coupon Rate (%) | 7.199% |
| Coupon Dates | 15 May, 15 November |
| Mid-Price | 113.585 |
| Yield to Call (%) | 5.424 |
| Modified Duration (yrs) | 6.19 |
| Underlying Bond Type | Subordinated, Unsecured |
Codes
| CBOE Code | ETB01L |
| Market Maker | Nine Mile |
Distributions
| Distribution Frequency | Semi-annually |
| Distribution Dates | 15 May, 15 November |
| Ex Date | Record Date | Payment Date | Distribution Unit ($) |
|---|---|---|---|
| 6 May 2025 | 7 May 2025 | 23 May 2025 | $0.7717 |
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