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Is MM still keen on the OZBD ETF?

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Is MM still keen on the OZBD ETF?

Recently OZBD was added to MM's Income Portfolio. Can you shed some light on the drivers of price for this please? I notice it has taken a small hit already.


Hi Scott,

We do still like the BetaShares Australian Composite Bond ETF (OZBD) although as you say it would have been nicer to buy later this week as the price has indeed dipped. The position ties in with our view that bond yields have at least peaked for a few months hence an underlying portfolio of Australian $$ investment grade bonds should be well positioned into the EOFY and beyond.


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Betashares Australian Composite Bond ETF (OZBD)
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