au en false false
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
      $25.13

      as at 03-Dec-24
    • Total Net Assets
      $2.05B
    • Dividend Frequency
      Monthly
    • Management fee (p.a.)
      0.29%
    • Number of securities
      32
    • 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

    For an elevated risk, subordinated bonds offer a higher yield.

    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”.

    Documents & insights

    SUBDAU /blog/fixed-income/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us