VanEck SUBD ETF (ASX:SUBD)
The VanEck SUBD ETF invests in a portfolio of Australian dollar-denominated subordinated bonds from a range of banks and insurance companies.
What does the SUBD invest in?
The SUBD ETF invests in Australian dollar-denominated subordinated bonds from a range of banks and insurance companies. These bonds, on average, have between 5 and 15 years to maturity, and almost all are issued by Australian companies.
What do investors use SUBD for?
Investors could use the SUBD ETF to diversify an existing equities portfolio and gain exposure to subordinated debt, or to create a regular income stream from the monthly distributions offered by this ETF.
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