iShares IHCB ETF (ASX:IHCB)

The iShares IHCB ETF provides investors with access to the performance of investment-grade corporate bonds across global markets and sectors, hedged into Australian dollars. This is a relatively low-cost way to get exposure to global investment-grade corporate bonds in a single fund.

IHCB share price & data

Ticker code: IHCB
Yearly fee (MER): 0.26%
FUM: $306.51 million
Monthly spread: 0.33%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
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2020
Apr
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Oct
2019
Apr
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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

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the IHCB invest in?

IHCB aims to provide investors with the performance of the Bloomberg Barclays Global Aggregate Corporate Bond Index (AUD Hedged), before fees and expenses. This index is designed to capture the performance of the global investment-grade corporate bond market by holding corporate bonds from a number of different countries (particularly the US) and sectors (such as banking and communications). Most of the bonds within this ETF are assigned a credit quality rating of A or BBB. The issuers of these corporate bonds include well-known names such as JPMorgan Chase, Bank of America and AT&T.

What do investors use IHCB for?

Investors could use the IHCB ETF to diversify an existing portfolio and gain exposure to global corporate bonds while potentially minimising the impact of Australian dollar volatility on investment returns. Additionally, IHCB could be used to create a regular income stream from the tri-annual distributions offered by this ETF. Bonds can be used in a portfolio to seek stability and generate income.

IHCB dividend information

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.

Best ETFs warnings

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.

When an ETF does not have a sufficiently long track record — typically, we consider this to be at least 3 years — the ETF is could be at a higher risk of being closed down (if it doesn’t grow), and the historical performance and returns (if any) cannot be relied upon.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

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

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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