PLUS
VanEck Australian Corporate Bond Plus ETF
PLUS
VanEck Australian Corporate Bond Plus ETF
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NAV$16.08
as at 01-Dec-23 -
Total Net Assets$288.35M
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Dividend FrequencyMonthly
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Management fee (p.a.)0.32%
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Number of securities125
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Inception Date09-May-17
Overview
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.
Key benefits
Enhanced Australian corporate bond strategy
Invests in Australian dollar corporate bonds that offer the highest yield relative to government bonds of similar maturities
Diversify and defend
Corporate bonds offer potential diversification and defensive benefits
Yield premium
For an elevated risk Australian dollar corporate bonds typically offer higher yield relative to Australian government bonds
Performance
Holdings & allocations
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.