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Objective
BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.
Hybrids can be expected to produce risk and return characteristics above those of traditional fixed income securities like bonds but below those of ordinary shares.
Hybrids have complex terms of issue, may not be suitable exposures for all investors, and should only be considered as a component of an investor’s overall portfolio.
Management fees are 0.35% p.a. ($35 per year for every $10,000 invested)1. (see notes on website)
There are risks associated with an investment in BHYB, including dividend rate risk, credit risk, hybrids complexity risk and sector concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.
Hybrids can be expected to produce risk and return characteristics above those of traditional fixed income securities like bonds but below those of ordinary shares.
Hybrids have complex terms of issue, may not be suitable exposures for all investors, and should only be considered as a component of an investor’s overall portfolio.
Management fees are 0.35% p.a. ($35 per year for every $10,000 invested)1. (see notes on website)
There are risks associated with an investment in BHYB, including dividend rate risk, credit risk, hybrids complexity risk and sector concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
Australian Major Bank Hybrids Index ETF
Access high-yield hybrid securities issued by Australia's 'Big 4' banks. Invest in BHYB through Betashares Direct with zero brokerage. Other costs may apply.
www.betashares.com.au