iShares Core Corporate Bond ETF (ASX: ICOR)

The ICOR ETF attempts to provide a high income yield by investing in a diversified portfolio of investment grade bonds in Australia. For ethical/sustainability minded investors, ICOR also incorporates a ‘negative’ screen on companies.

ICOR ETF review | Quicklinks

ICOR ETF data

Ticker code: ICOR
Yearly fee (MER): 0.15%
FUM: $11.80 million
Monthly spread: 0.21%

share price:

Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

ETF share prices are updated using end of day data from the ASX. FUM, fee and spread data is updated monthly, with a delay of up to 6 weeks. Refer to the ETF's PDS and the ASX website for up-to-date information.

What does the ICOR invest in?

ICOR provides exposure to Australian investment grade bonds, which typically provide a consistent income stream. ICOR also screens out companies involved in controversial weapons, fossil fuels, civilian firearm companies, UN compact violatores and tobacco companies.

What do investors use ICOR for?

Investors might want to use the ICOR ETF to invest in Australian bonds which offer higher than typical ‘yields’ or income potential.

ICOR dividend information

Dividend Yield

Dividend yield information is coming soon (how good is that!).

Got any other requests for our team?

We’re incorporating new data based on user feedback received in January 2021 — but we’re not done yet. Far from it. 

Use the Contact page to send us your advice to make Best ETFs Australia even better.

You could earn up to $50 in Rask Australia credit, to use on Rask’s premium share research. To be eligible, send us your feedback, help us fix our site or make it better for everyone.

Distributions

A quarterly distribution means the ETF or managed fund expects to return income (generated by the fund) or excess capital gains back to you, the investor, every three months.

DRP Status

A ‘full or partial’ Distribution Reinvestment Plan (DRP) means the ETF or managed fund allows you, the investor, to take none, some or all of your monthly, quarterly, half-yearly or yearly distributions as new units in the ETF/fund.

Fund Issuer

BlackRock is the company responsible for the huge issuer of ETFs called iShares. It is one of Australia’s and the world’s largest ETF issuers, both in terms of the number of ETFs issued and the money invested, known as Funds Under Management or FUM.

Warnings we apply to the ICOR ETF

The following warnings are applied by our ETF research team. Please know that these warnings are 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.

We place a ‘high risk’ warning on any ETF/fund that we consider to be, as it says, higher risk. This is a label only, it is not a prediction by us about the expected performance of the ETF/fund.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes. This means investors who buy into this fund or ETF, and are Australian residents for tax purposes, will be subject to Australian taxes and regulation. 

ICOR Registry

Computershare is not only the largest share registry in Australia but also the world. The company was founded in 1978 as one of Melbourne’s first start-up technology companies, initially providing computer services to businesses.

Sector Information

The Best ETFs Australian Fixed Interest sector includes ETFs, managed funds and index funds which cover Australian bonds ranging from Government treasuries to Corporate and Hybrids; right through to Cash Management Trusts (CMTs).

Latest ETF news

Looking for something better?

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).

General Financial Advice warning
The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

© Rask Australia 2020

feedback-icon

What can we do better? Please give us us some feedback :)

We care about your experience, please let us know if you have any suggestions to improve our site.