The BetaShares HBRD Fund provides investors with exposure to hybrids. Think of hybrids this way: companies can raise capital by either issuing debt or equity. Debt and equity each have different characteristics, advantages and disadvantages. Hybrid securities have some characteristics of both.
Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly.
HBRD primarily invests in preference shares, with minor weightings to capital notes, bonds and cash. If and when the hybrids market is deemed to be overvalued or present a heightened risk of capital loss, the Fund can allocate more of the portfolio to lower risk securities.
The BetaShares HBRD Fund could be used by investors to access income returns from an actively managed portfolio of hybrid securities. The Fund actively seeks to reduce the volatility and downside risk associated with owning hybrids directly.
Distributions
DRP Status
The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).
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