SPDR BOND ETF (ASX:BOND)
The name’s… the SPDR BOND ETF. BOND invests in Australian bonds which are investment grade and denominated in Australian dollars with maturities more than one year.
What does the BOND invest in?
The BOND ETF ultimately ends up invested in Australian Government bonds, semi-government bonds (e.g., state governments) and high grade corporates and supranational entities.
What do investors use BOND for?
Given how difficult it can be for small investors to get exposure to the market, an investor could use the BOND ETF to get exposure to the local bond market. High-grade bonds are typically used for their diversification/risk and income-producing impacts on a portfolio.
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