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SUBDAU VanEck Australian Subordinated Debt ETF Please read important disclosure Close important disclosure false

SUBD
VanEck Australian Subordinated Debt ETF

SUBD
VanEck Australian Subordinated Debt ETF

  • NAV
    $25.10

    as at 01-Aug-25
  • Total Net Assets
    $2.62B
  • Dividend Frequency
    Monthly
  • Management fee (p.a.)
    0.29%
  • Number of securities
    37
  • Inception Date
    28-Oct-19
SUBD - VanEck Subordinated Debt ETF Tile.webp

Overview

Fund Description

SUBD invests in a portfolio of subordinated bonds with the aim of providing investment returns before fees and other costs that track the performance of the Index.

Key benefits

Investment grade subordinated bonds

Access a portfolio of regulatory Tier 2 Capital investment grade credit quality subordinated floating rate bonds that rank ahead of Additional Tier 1 Capital bonds such as listed hybrids.

Potential to protect against rising rates

Subordinated bonds pay coupons (interest) that vary with short-term interest rates and interest rates are reset periodically resulting in reduced duration (interest rate risk).

Yield premium

Subordinated bonds offer a higher yield, commensurate with risk.

Performance

Holdings & allocations

Dividends

Election of Dividend Reinvestment Plan (DRP)

You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.

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