iShares Treasury ETF (IGB)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100911-2023-10-26-02:34.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | IGB* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Fund invests in a portfolio composed of fixed income bonds issued by the Australian Treasury. |
INVESTMENT PROFILE | The Fund aims to provide investors with the performance of the Benchmark, before fees and expenses. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 12-03-2012 |
BENCHMARK | Bloomberg AusBond Treasury 0+ Yr Index |
FUND SIZE | Bloomberg AusBond Treasury 0+ Yr Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | 20-40 |
FEES | 0.18% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of iSharesiShares ETFs are managed funds listed or quoted on exchanges (including ASX) providing you with the opportunity to gain exposure to a diversified portfolio of assets in a single transaction. The significant benefits of investing in the Cash Funds include:
Other benefits of investing in iShares ETFs generally include:
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RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe fund aims to provide investors with the performance of an index, before fees and expenses, composed of fixed income bonds issued by the Australian Treasury. The index, the Bloomberg AusBond Treasury 0+ Yr Index, measures the performance of a segment of the Australian bond market comprised of the fixed income securities issued by the Australian Treasury. Why IGB?
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Mandate
How we invest your moneyThe Fund seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Treasury 0+ Yr Index (referred to as the Index). We believe that full replication is the most appropriate investment strategy to track the performance of the Index as risk relative to the Index is minimised. Our full-replication approach normally aims to purchase every security in the Index, while considering transaction costs. If we determine that we can achieve a more efficient means of obtaining exposure to the Index, we may do so. For example, in rare circumstances where a particular constituent security of the Index cannot be acquired, a combination of existing or similar securities in the Index, of like quality, would be used. What does the Fund invest in?The Fund generally invests in the fixed income securities issued by the Australian Treasury that form the Index. The Fund may also hold small amounts of cash (or cash equivalents, that may include units in other BlackRock funds) for cash flow management purposes and may also invest in index futures contracts for cash bondisation purposes. About the IndexThe Index is designed to measure the performance of the Australian bond market which meets certain investment criteria and covers fixed interest securities issued in the Australian debt market under Australian law. The Index, a sub-index of the Bloomberg AusBond Composite IndexSM, is market value weighted and designed to measure the total return from investing in a range of Index eligible securities. Below is a description of the manner in which the debt securities included are determined. The Index has been calculated since 31 March 1988. For more information please see Section 7 of the PDS |