PLUS - VanEck Corporate Bond Plus ETF | Australian Fixed Income | Portfolio Analytics

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VanEck Vectors Australian Corporate Bond Plus ETF PLUS

Fund description: PLUS invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia with the aim of providing investment returns (before fees and other costs) that track the performance of the iBoxx AUD Corporates Yield Plus Mid Price Index.

Index description:  The iBoxx AUD Corporates Yield Plus Mid Price Index (IBXXAYM2) is designed to reflect the performance of the higher-yielding AUD denominated corporate bond market with credit ratings from AAA to BB-. Investment Grade bonds must make up at least 80% of the portfolio.

Country of domicile: Australia

 as at 19-Jan-21

  • Exchange

    ASX
  • ASX code

    PLUS
  • Bloomberg index code

    IBXXAYM2
  • Index provider

    Markit Indices Limited
  • NAV

    $18.91
  • Units outstanding

    13,578,560
  • Net assets

    $256.8M
  • Number of holdings

    132
  • Inception date1

    09-May-17
  • ASX commencement

    11-May-17

1The date the ETF was seeded prior to quotation on ASX.

as at 19-Jan-21

Fundamentals as of 15-Jan-21

  • Average maturity (years)

    5.32
  • Modified duration (years)

    4.74

3-year risk measures

  • Beta vs. Bloomberg Ausbond
    Composite 0+ Years Index (BACM0)

    --
  • Correlation vs. BACM0

    --
  • Volatility (standard deviation)

    --
  • Sharpe ratio

    --

Source: VanEck, FactSet.

BACM0 is the standard market benchmark for Australian Fixed Income.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the market benchmark index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Dec-20

  • Country

    Weightings (%)
  • Australia

    61.6
  • United States

    14.9
  • United Kingdom

    9.2
  • South Korea

    3.1
  • Canada

    3.1
  • Uae

    2.8
  • New Zealand

    2.8
  • France

    1.1
  • Luxembourg

    0.6
  • Japan

    0.3
  • Other/Cash

    0.4
  • Total

    99.9

Portfolio composition (%)
as at 19-Jan-21

  • Asset classes

    % of Fund net assets
  • Stocks

    0.00
  • Bonds

    99.94
  • Other

    0.00
  • Cash

    0.06
  • Total

    100.00

Sector weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)
  • Banking Services

    30.6
  • Telecommunications Services

    12.1
  • Electric Utilities & IPPs

    9.1
  • Investment Banking & Investmen

    7.5
  • Food & Drug Retailing

    5.9
  • Freight & Logistics Services

    3.6
  • Professional & Commercial Serv

    3.5
  • Passenger Transportation Servi

    3.0
  • Hotels & Entertainment Service

    2.6
  • Multiline Utilities

    2.5
  • Collective Investments

    2.1
  • School; College & University

    2.0
  • Beverages

    2.0
  • Real Estate Operations

    1.8
  • Construction & Engineering

    1.6
  • Government Activity

    1.5
  • Residential & Commercial REITs

    1.5
  • Automobiles & Auto Parts

    1.4
  • Food & Tobacco

    1.2
  • Chemicals

    1.2
  • Construction Materials

    0.7
  • Oil & Gas

    0.7
  • Transport Infrastructure

    0.6
  • Machinery Equipment & Compone

    0.6
  • Natural Gas Utilities

    0.3
  • Insurance

    0.2
  • Oil & Gas Related Equipment

    0.0
  • Other/Cash

    0.2
  • Total

    100.0

Maturity (%) as at 31-Dec-20

Average Portfolio Maturity: 5.34 Years

Currency exposure (%)
as of 31-Dec-20

  • Australian Dollar

    99.81
  • Other/Cash

    0.19