Key Highlights

  • WBND provides exposure to global investment-grade Debt from 27 local currency markets via a single underlying holding.
  • The fund holds 100% of its portfolio in the Amundi IS-Amundi Cr Glb Agg Bd ETF DR, its sole reported holding.
  • WBND's most recent distribution was recorded at $0.485 on a final basis, following a rising sequence over the prior year.
  • The United States (40.03%), China (10.74%) and Japan (8.19%) represent the fund's largest geographic exposures.

Fund Overview and Objective

WBND was listed on the ASX on 1 August 2025 and sits within the Bonds - Global category, tracking the Bloomberg Global Aggregate Total Return index Hedged AUD. The index comprises a portfolio of global investment-grade debt drawn from 27 local currency markets, with the fund applying a currency hedge to reduce Australian-dollar investors' exposure to foreign exchange movements. The management fee for WBND was reported at 0.19% per annum.

Portfolio Structure

WBND's holdings structure is distinct from several peer funds in that it invests through a single underlying vehicle, the Amundi IS-Amundi Cr Glb Agg Bd ETF DR, which represents 100.00% of the portfolio. Asset allocation showed 91.48% in bonds and 8.52% in cash, with no Equity exposure reported.

Geographic Exposure

The fund's geographic exposure reflects its global aggregate mandate, led by the United States at 40.03%, followed by China at 10.74% and Japan at 8.19%. Other notable allocations included France (5.24%), Germany (4.72%), the United Kingdom (4.63%) and Italy (3.26%), alongside smaller supranational and Spanish exposure.

Distribution Profile

WBND distributes on a final basis, with the most recent distribution recorded at $0.485, following $0.451 in the prior period and $0.435 before that, and $0.296 further back. The annual Yield was reported at 3.37%. The most recent ex-date, Record Date and payment date were 1 July, 2 July and 16 July 2026 respectively.

Conclusion

WBND's design as a currency-hedged conduit into a single global aggregate bond vehicle differentiates it from funds that hold underlying bonds directly, offering exposure to a broad set of international, investment-grade sovereign and corporate debt markets while aiming to reduce currency-driven Volatility for Australian dollar investors. Its distribution figures have shown a rising sequence over the periods reported, alongside a comparatively moderate annual yield relative to some domestically focused Credit funds.