The BetaShares Australian Major Bank Subordinated Debt ETF seeks to replicate as closely as possible the price and yield performance of the Solactive Australian Major Bank Subordinated FRN Index by investing in a portfolio comprised primarily of AUD-denominated Tier-2 floating rate subordinated bonds issued by the ‘big 4’ Australian banks
The BetaShares Australian Major Bank Subordinated Debt ETF (AUD) is a(n) Fixed Income Exchange Traded Funds (ETF) seeks to invest in All Sectors sector located in Australia. The BetaShares fund’s base currency is AUD and the share class was registered 28.02.2019 with unique ISIN - AU0000330482. Main exchange is Australian S.E. and ticker symbol is BSUB. The total expense ratio is 0.29%. The BetaShares Australian Major Bank Subordinated Debt ETF (AUD) pays dividends 12 time(s) per year.