Ethical Australian Composite Bond ETF

Overview

Fund objective

AEBD is designed to serve as a core fixed income allocation for investors seeking a true-to-label ethical fixed income solution. It aims to track the performance of an index (before fees and expenses) that provides exposure to a diversified portfolio of high-quality Australian corporate and government bonds. The bonds are screened to exclude issuers (other than sovereign bond issuers) with material exposure to fossil fuels or engaged in activities considered inconsistent with responsible investment considerations.

Fund strategy

AEBD aims to track the Bloomberg Australian Enhanced Yield Ethically Screened Composite Bond Index (Index), before fees and expenses. Bonds in the Index are screened to exclude exposure to activities associated with significant negative environmental, social and governance (ESG) factors (subject to certain materiality thresholds). The Index employs an intelligent investment approach by weighting bonds on their risk-adjusted income potential, rather than debt-weighting. This strategy aims to provide investors with higher returns than the commonly used Australian fixed income benchmark, the AusBond Composite Index.

Benefits

Align your investments with your values

Invest in a way that is consistent with your ethical standards.

True to label

AEBD’s investment methodology includes stringent screening criteria, offering investors a true-to-label ethical fixed income solution.

Intelligent approach to investing in bonds

Bonds are selected based on their risk-adjusted income potential, rather than debt outstanding. This strategy seeks to avoid the shortcomings of traditional debt-weighted indices and aims to provide relatively higher returns. Only investment grade bonds are included in the portfolio.

There are risks associated with an investment in the Fund, including market risk, interest rate risk, credit risk and non-traditional index methodology 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.

Invest in AEBD with Betashares Direct

Invest in AEBD brokerage-free with a Betashares Direct account. You can also buy or sell AEBD using an online broker or your financial adviser.

Invest with us

Key facts

Profile

Units outstanding* (#)	80,000
Management fee and cost** (p.a.)	0.34%
Distribution frequency	Monthly
Distribution reinvestment plan (DRP)	Full or partial participation available

* As at 21 January 2025
**Certain additional costs apply. Please refer to PDS.

Net assets*

$4,054,208

Pricing information

* Data is delayed by at least 20 minutes.
Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)
NAV	* As at 21 January 2025
NAV/Unit*	$50.68

Download NAV history

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Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Trading information

ASX code	AEBD
Bloomberg code	AEBD AU
IRESS code	AEBD.AXW
Market makers	Susquehanna Pacific

Index information

Index	Bloomberg Australian Enhanced Yield Ethically Screened Composite Bond Index
Index provider	Bloomberg
Index ticker	N/A
Bloomberg index ticker	I38947AU Index

Download index methodology

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Performance

Fund returns after fees (%)

	Fund	Index	Bloomberg AusBond Composite
1 month	0.59%	0.61%	0.51%
3 months	-	-0.33%	-0.26%
6 months	-	3.32%	2.75%
1 year	-	3.80%	2.93%
3 year p.a.	-	-0.98%	-0.79%
5 year p.a.	-	-0.16%	-0.18%
10 year p.a.	-	2.46%	1.97%
Since inception	2.06%	2.04%	1.75%
Inception date	4-Nov-24	-	-

* As at 31 December 2024.

Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

Portfolio characteristics

Running yield (% p.a.)info	3.61
Yield to maturity (% p.a.)info	4.80
Yield to worst (% p.a.)info	4.80
Average maturity (yrs)info	7.11
Modified duration (yrs)info	5.82
Average credit ratinginfo	AA

* As at 22 January 2025

Holdings and allocation

Portfolio holdings

Top 10

All

Name	Weight (%)
MANITOBA (PROVINCE OF) 4.85% AUG-34	3.7
EUROPEAN INVESTMENT BANK 1.9% FEB-36	3.5
INTER-AMERICAN DEVEL BK 1.0% AUG-28	3.3
GPT WHL OFFICE FD NO1 3.222% NOV-31	3.2
AUSTRALIAN GOVERNMENT 1.25% MAY-32	3.0
MACQUARIE UNIVERSITY 3.5% SEP-28	2.6
TRANSURBAN QLD FINANCE 5.623% AUG-34	2.5
EUROPEAN INVESTMENT BANK 4.55% JUN-33	2.5
VODAFONE GROUP PLC 4.2% DEC-27	2.4
AUSTRALIAN GOVERNMENT 1.0% NOV-31	2.4

Ticker	Name	Weight (%)	Sector	Country	Currency	Notional/Face Value	Market Value (AUD)	Issuer	Maturity Date	Coupon (%)
MP 4.85 08/28/34	MANITOBA (PROVINCE OF) 4.85% AUG-34	3.7	Local Authority	Canada	AUD	150,000	$147,195	MANITOBA (PROVINCE OF)	2034-08-28	4.85
EIB 1.9 02/19/36	EUROPEAN INVESTMENT BANK 1.9% FEB-36	3.5	Supranational	Supranational	AUD	190,000	$139,238	EUROPEAN INVESTMENT BANK	2036-02-19	1.9
IADB 1 08/04/28	INTER-AMERICAN DEVEL BK 1.0% AUG-28	3.3	Supranational	Supranational	AUD	150,000	$134,178	INTER-AMERICAN DEVEL BK	2028-08-04	1.0
GPTAU 3.222 11/05/31	GPT WHL OFFICE FD NO1 3.222% NOV-31	3.2	Corporate - Financial	Australia	AUD	150,000	$128,667	GPT WHL OFFICE FD NO1	2031-11-05	3.222
ACGB 1.25 05/21/32	AUSTRALIAN GOVERNMENT 1.25% MAY-32	3.0	Sovereign	Australia	AUD	150,000	$122,076	AUSTRALIAN GOVERNMENT	2032-05-21	1.25
MAQUNI 3.5 09/07/28	MACQUARIE UNIVERSITY 3.5% SEP-28	2.6	Corporate - Non Financial	Australia	AUD	110,000	$104,942	MACQUARIE UNIVERSITY	2028-09-07	3.5
TQLAU 5.623 08/28/34	TRANSURBAN QLD FINANCE 5.623% AUG-34	2.5	Corporate - Non Financial	Australia	AUD	100,000	$99,030	TRANSURBAN QLD FINANCE	2034-08-28	5.623
EIB 4.55 06/02/33	EUROPEAN INVESTMENT BANK 4.55% JUN-33	2.5	Supranational	Supranational	AUD	100,000	$98,701	EUROPEAN INVESTMENT BANK	2033-06-02	4.55
VOD 4.2 12/13/27	VODAFONE GROUP PLC 4.2% DEC-27	2.4	Corporate - Non Financial	Britain	AUD	100,000	$98,467	VODAFONE GROUP PLC	2027-12-13	4.2
ACGB 1 11/21/31	AUSTRALIAN GOVERNMENT 1.0% NOV-31	2.4	Sovereign	Australia	AUD	120,000	$97,538	AUSTRALIAN GOVERNMENT	2031-11-21	1.0
NSWTC 4.75 02/20/35	NEW S WALES TREASURY CRP 4.75% FEB-35	2.4	Local Authority	Australia	AUD	100,000	$97,440	NEW S WALES TREASURY CRP	2035-02-20	4.75
ACGB 3.75 05/21/34	AUSTRALIAN GOVERNMENT 3.75% MAY-34	2.4	Sovereign	Australia	AUD	100,000	$95,478	AUSTRALIAN GOVERNMENT	2034-05-21	3.75
MELAIR 3.763 11/25/31	AUSTRALIA PACIFIC AIRPOR 3.763% NOV-31	2.3	Corporate - Non Financial	Australia	AUD	100,000	$90,701	AUSTRALIA PACIFIC AIRPOR	2031-11-25	3.763
SCAPRT 2.45 09/24/29	REGION RETAIL TRUST 2.45% SEP-29	2.2	Corporate - Financial	Australia	AUD	100,000	$88,488	SHOPPING CTR AU PRPTY RT	2029-09-24	2.45
ACGB 2.75 11/21/29	AUSTRALIAN GOVERNMENT 2.75% NOV-29	2.1	Sovereign	Australia	AUD	90,000	$85,333	AUSTRALIAN GOVERNMENT	2029-11-21	2.75
ACGB 2.75 06/21/35	AUSTRALIAN GOVERNMENT 2.75% JUN-35	2.0	Sovereign	Australia	AUD	95,000	$81,991	AUSTRALIAN GOVERNMENT	2035-06-21	2.75
AIRSER 5 05/15/31	AIRSERVICES AUSTRALIA 5.0% MAY-31	2.0	Sovereign Agency	Australia	AUD	80,000	$80,820	AIRSERVICES AUSTRALIA	2031-05-15	5.0
REGFIN 5.472 12/19/31	REGISTRY FINANCE PTY LTD 5.472% DEC-31	1.9	Corporate - Financial	Australia	AUD	75,000	$75,980	REGISTRY FINANCE PTY LTD	2031-12-19	5.472
TCV 4.75 09/15/36	TREASURY CORP VICTORIA 4.75% SEP-36	1.9	Local Authority	Australia	AUD	80,000	$75,909	TREASURY CORP VICTORIA	2036-09-15	4.75
IFC 1.25 02/06/31	INTL FINANCE CORP 1.25% FEB-31	1.8	Supranational	Supranational	AUD	90,000	$74,321	INTL FINANCE CORP	2031-02-06	1.25
NSWENF 2.732 04/23/29	NSW ELECTRICITY NETWORKS 2.732% APR-29	1.8	Corporate - Non Financial	Australia	AUD	80,000	$72,724	NSW ELECTRICITY NETWORKS	2029-04-23	2.732
SEK 5.4 11/01/30	SWEDISH EXPORT CREDIT 5.4% NOV-30	1.8	Government Special Purpose Bank	Sweden	AUD	70,000	$72,479	SWEDISH EXPORT CREDIT	2030-11-01	5.4
NSWTC 3 02/20/30	NEW S WALES TREASURY CRP 3.0% FEB-30	1.8	Local Authority	Australia	AUD	75,000	$70,505	NEW S WALES TREASURY CRP	2030-02-20	3.0
RENTEN 4.3 02/14/29	LANDWIRTSCH. RENTENBANK 4.3% FEB-29	1.7	Government Special Purpose Bank	Germany	AUD	70,000	$70,108	LANDWIRTSCH. RENTENBANK	2029-02-14	4.3
LBANK 4.9 08/26/34	L-BANK BW FOERDERBANK 4.9% AUG-34	1.7	Local Authority	Germany	AUD	70,000	$69,181	L-BANK BW FOERDERBANK	2034-08-26	4.9
ACGB 3.25 06/21/39	AUSTRALIAN GOVERNMENT 3.25% JUN-39	1.7	Sovereign	Australia	AUD	80,000	$68,957	AUSTRALIAN GOVERNMENT	2039-06-21	3.25
IBRD 1.1 11/18/30	INTL BK RECON & DEVELOP 1.1% NOV-30	1.6	Supranational	Supranational	AUD	80,000	$66,046	INTL BK RECON & DEVELOP	2030-11-18	1.1
NYLIFE 5.1 07/24/29	NEW YORK LIFE GLOBAL FDG 5.1% JUL-29	1.5	Corporate - Financial	United States	AUD	60,000	$60,641	NEW YORK LIFE GLOBAL FDG	2029-07-24	5.1
CHCFIN 3.092 04/21/31	CHC FINANCE PTY LTD 3.092% APR-31	1.5	Corporate - Financial	Australia	AUD	70,000	$59,761	CHC FINANCE PTY LTD	2031-04-21	3.092
ACGB 0.5 09/21/26	AUSTRALIAN GOVERNMENT 0.5% SEP-26	1.4	Sovereign	Australia	AUD	60,000	$56,698	AUSTRALIAN GOVERNMENT	2026-09-21	0.5
ACGB 4.75 06/21/54	AUSTRALIAN GOVERNMENT 4.75% JUN-54	1.4	Sovereign	Australia	AUD	57,000	$56,195	AUSTRALIAN GOVERNMENT	2054-06-21	4.75
ACGB 4.75 04/21/27	AUSTRALIAN GOVERNMENT 4.75% APR-27	1.3	Sovereign	Australia	AUD	50,000	$51,003	AUSTRALIAN GOVERNMENT	2027-04-21	4.75
BRCOL 5.25 05/23/34	BRITISH COLUMBIA PROV OF 5.25% MAY-34	1.3	Local Authority	Canada	AUD	50,000	$50,600	BRITISH COLUMBIA PROV OF	2034-05-23	5.25
AIANZ 5.452 12/04/31	AUCKLAND INTL AIRPORT 5.452% DEC-31	1.3	Corporate - Non Financial	New Zealand	AUD	50,000	$50,474	AUCKLAND INTL AIRPORT	2031-12-04	5.452
AFDB 4.5 06/02/26	AFRICAN DEVELOPMENT BANK 4.5% JUN-26	1.2	Supranational	Supranational	AUD	50,000	$50,144	AFRICAN DEVELOPMENT BANK	2026-06-02	4.5
QTC 6.5 03/14/33	QUEENSLAND TREASURY CORP 6.5% MAR-33	1.2	Local Authority	Australia	AUD	45,000	$50,090	QUEENSLAND TREASURY CORP	2033-03-14	6.5
T 4.1 01/19/26	AT&T INC 4.1% JAN-26	1.2	Corporate - Non Financial	United States	AUD	50,000	$49,702	AT&T INC	2026-01-19	4.1
ACGB 4.25 06/21/34	AUSTRALIAN GOVERNMENT 4.25% JUN-34	1.2	Sovereign	Australia	AUD	50,000	$49,643	AUSTRALIAN GOVERNMENT	2034-06-21	4.25
IFC 3.2 07/22/26	INTL FINANCE CORP 3.2% JUL-26	1.2	Supranational	Supranational	AUD	50,000	$49,263	INTL FINANCE CORP	2026-07-22	3.2
NEDWBK 3.5 07/20/27	NEDER WATERSCHAPSBANK 3.5% JUL-27	1.2	Government Special Purpose Bank	Netherlands	AUD	50,000	$49,062	NEDER WATERSCHAPSBANK	2027-07-20	3.5
IFC 3.2 10/18/27	INTL FINANCE CORP 3.2% OCT-27	1.2	Supranational	Supranational	AUD	50,000	$48,777	INTL FINANCE CORP	2027-10-18	3.2
IADB 2.5 04/14/27	INTER-AMERICAN DEVEL BK 2.5% APR-27	1.2	Supranational	Supranational	AUD	50,000	$48,229	INTER-AMERICAN DEVEL BK	2027-04-14	2.5
IBRD 4.2 04/21/33	INTL BK RECON & DEVELOP 4.2% APR-33	1.2	Supranational	Supranational	AUD	50,000	$48,138	INTL BK RECON & DEVELOP	2033-04-21	4.2
KBN 0.6 06/01/26	KOMMUNALBANKEN AS 0.6% JUN-26	1.2	Sovereign Agency	Norway	AUD	50,000	$47,491	KOMMUNALBANKEN AS	2026-06-01	0.6
TCV 5 11/20/40	TREASURY CORP VICTORIA 5.0% NOV-40	1.2	Local Authority	Australia	AUD	50,000	$46,683	TREASURY CORP VICTORIA	2040-11-20	5.0
NSWTC 4.25 02/20/36	NEW S WALES TREASURY CRP 4.25% FEB-36	1.1	Local Authority	Australia	AUD	50,000	$46,022	NEW S WALES TREASURY CRP	2036-02-20	4.25
RENTEN 3.4 09/15/32	LANDWIRTSCH. RENTENBANK 3.4% SEP-32	1.1	Government Special Purpose Bank	Germany	AUD	50,000	$45,816	LANDWIRTSCH. RENTENBANK	2032-09-15	3.4
QTC 1.25 03/10/31	QUEENSLAND TREASURY CORP 1.25% MAR-31	1.1	Local Authority	Australia	AUD	53,000	$43,709	QUEENSLAND TREASURY CORP	2031-03-10	1.25
KBN 2.5 08/03/32	KOMMUNALBANKEN AS 2.5% AUG-32	1.1	Sovereign Agency	Norway	AUD	50,000	$42,613	KOMMUNALBANKEN AS	2032-08-03	2.5
NSWTC 3.5 11/20/37	NEW S WALES TREASURY CRP 3.5% NOV-37	1.0	Local Authority	Australia	AUD	50,000	$41,645	NEW S WALES TREASURY CRP	2037-11-20	3.5
EIB 1.3 01/27/31	EUROPEAN INVESTMENT BANK 1.3% JAN-31	1.0	Supranational	Supranational	AUD	50,000	$41,422	EUROPEAN INVESTMENT BANK	2031-01-27	1.3
QTC 2 08/22/33	QUEENSLAND TREASURY CORP 2.0% AUG-33	1.0	Local Authority	Australia	AUD	50,000	$39,765	QUEENSLAND TREASURY CORP	2033-08-22	2.0
QTC 4.5 03/09/33	QUEENSLAND TREASURY CORP 4.5% MAR-33	1.0	Local Authority	Australia	AUD	40,000	$39,211	QUEENSLAND TREASURY CORP	2033-03-09	4.5
TCV 5.5 11/17/26	TREASURY CORP VICTORIA 5.5% NOV-26	0.8	Local Authority	Australia	AUD	30,000	$30,780	TREASURY CORP VICTORIA	2026-11-17	5.5
ACGB 3.75 04/21/37	AUSTRALIAN GOVERNMENT 3.75% APR-37	0.7	Sovereign	Australia	AUD	30,000	$27,974	AUSTRALIAN GOVERNMENT	2037-04-21	3.75
TCV 1.25 11/19/27	TREASURY CORP VICTORIA 1.25% NOV-27	0.7	Local Authority	Australia	AUD	30,000	$27,722	TREASURY CORP VICTORIA	2027-11-19	1.25
ACGB 3 11/21/33	AUSTRALIAN GOVERNMENT 3.0% NOV-33	0.7	Sovereign	Australia	AUD	30,000	$27,101	AUSTRALIAN GOVERNMENT	2033-11-21	3.0
ACGB 1 12/21/30	AUSTRALIAN GOVERNMENT 1.0% DEC-30	0.5	Sovereign	Australia	AUD	25,000	$20,998	AUSTRALIAN GOVERNMENT	2030-12-21	1.0
NHFIC 1.41 06/29/32	HOUSING AUSTRALIA 1.41% JUN-32	0.5	Sovereign Agency	Australia	AUD	25,000	$19,934	NATIONL HOUSING FIN INVT	2032-06-29	1.41
MP 3.6 08/17/27	MANITOBA (PROVINCE OF) 3.6% AUG-27	0.5	Local Authority	Canada	AUD	20,000	$19,584	MANITOBA (PROVINCE OF)	2027-08-17	3.6
NSWTC 3 05/20/27	NEW S WALES TREASURY CRP 3.0% MAY-27	0.5	Local Authority	Australia	AUD	20,000	$19,549	NEW S WALES TREASURY CRP	2027-05-20	3.0
Q 3.25 10/18/28	PROVINCE OF QUEBEC 3.25% OCT-28	0.5	Local Authority	Canada	AUD	20,000	$19,078	PROVINCE OF QUEBEC	2028-10-18	3.25
NSWTC 1.5 02/20/32	NEW S WALES TREASURY CRP 1.5% FEB-32	0.4	Local Authority	Australia	AUD	20,000	$16,180	NEW S WALES TREASURY CRP	2032-02-20	1.5
ACGB 2.75 05/21/41	AUSTRALIAN GOVERNMENT 2.75% MAY-41	0.4	Sovereign	Australia	AUD	20,000	$15,637	AUSTRALIAN GOVERNMENT	2041-05-21	2.75
TCV 2 11/20/37	TREASURY CORP VICTORIA 2.0% NOV-37	0.1	Local Authority	Australia	AUD	5,000	$3,404	TREASURY CORP VICTORIA	2037-11-20	2.0
AUD	AUD - AUSTRALIA DOLLAR	0.3			AUD	11,102	$11,102

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* As at 21 January 2025. Excludes cash

Sector allocation

Australian Govt	22.1%
Australian State Government	16.4%
Corporate - Financial	8.8%
Corporate - Non Financial	14.6%
Supranational	19.0%
Government Special Purpose Bank	6.8%
Sovereign Agency	5.7%
Foreign Local Authority	6.7%

* As of 31 December 2024

Recent distributions

Ex Date	Record Date	Payment Date	Distribution Unit ($)	Annual Distribution Return (%) (1)
2-Jan-25	3-Jan-25	17-Jan-25	$0.165	-
2-Dec-24	3-Dec-24	17-Dec-24	$0.129	-

¹ This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance

Announcements

ASX Announcements: AEBD

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Payment notice information

NRWT & fund payments

Document	Date
description NRWT and Fund Payment Notice Information – November 2024 Distribution keyboard_arrow_down	2024-11
description NRWT and Fund Payment Notice Information – December 2024 Distribution keyboard_arrow_down	2024-12

Resources

description Factsheet \| ASX: AEBD \| Ethical Australian Composite Bond ETF keyboard_arrow_down
description Product Disclosure Statement \| ASX: AEBD \| Ethical Australian Composite Bond ETF keyboard_arrow_down
description PDS Update – 20 January 2025 keyboard_arrow_down
description Target Market Determination \| ASX: AEBD \| Ethical Australian Composite Bond ETF keyboard_arrow_down
description Responsible Investment Committee \| ASX: AEBD keyboard_arrow_down
description Portfolio Holdings \| ASX: AEBD \| Betashares Ethical Australian Composite Bond ETF keyboard_arrow_down

Funds

General results

Ethical Australian Composite Bond ETF

Overview

Fund objective

Fund strategy

Benefits

Align your investments with your values

True to label

Intelligent approach to investing in bonds

Invest in AEBD with Betashares Direct

Key facts

Profile

Pricing information

Trading information

Index information

Performance

Fund returns after fees (%)

Portfolio characteristics

Holdings and allocation

Portfolio holdings

Sector allocation

Recent distributions

Announcements

ASX Announcements: AEBD

Payment notice information

NRWT & fund payments

Resources