Skip to Content
scroll

Is MM still keen on the OZBD ETF?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

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.

Answer

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.

 

chart
image description
Betashares Australian Composite Bond ETF (OZBD)
Back to top