Macquarie Subordinated Debt Active ETF

MAQ5289AU
  • A$50.34
  • 0.01
  • 0.02%

Macquarie Subordinated Debt Active ETF MAQ5289AU Strategy

The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over a rolling three-year basis (before fees). It aims to provide regular monthly distributions with some potential for growth. The Fund provides exposure to a diversified portfolio of subordinated bonds, which may offer higher levels of yield than cash or other investment grade bonds. Subordinated bonds are typically unsecured debt securities that rank higher than equity but below senior debt securities with respect to a repayment in the event of a default.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

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