VanEck 5-10 Year Australian Government Bond ETF

The VanEck 5-10 Year Australian Government Bond ETF, with the ticker 5GOV, invests in a portfolio of Australian government bonds that have maturities between 5 to 10 years. This ETF aims to provide investors with exposure to the relatively stable and secure returns of government bonds, which are loans made to the government by investors. With a management fee of 0.22%, the ETF focuses on offering a low-cost way to invest in these bonds, making it suitable for those looking to add a steady income stream to their investment portfolio while maintaining a lower risk profile compared to stocks.