Key Highlights

  • The fund holds 488 bonds, with the top ten at only 15.46%, and is hedged to Australian dollars.
  • Germany (21.91%), France (16.68%) and supranational issuers (15.57%) lead the country mix.
  • The management fee is 0.39% and the fund size is $192.89 million.
  • The October 2026 distribution of $0.230 is higher than each of the four earlier quarterly amounts.

Betashares Global Green Bond Currency Hedged ETF (ASX:GBND) employs a passive management approach aimed at tracking the performance of the Solactive Australian and Global Select Sustainable Green Bond Index, hedged to Australian dollars, before fees and expenses. The fund was admitted to the ASX on 28 November 2019 and last traded at $19.53 on 13 October 2026. It reports a fund size of $192.89 million.

Detail

Information

Ticker

ASX:GBND

Fund

Betashares Global Green Bond Currency Hedged ETF

Category

Bonds - Global

Benchmark

Solactive Aus&Glb Sl Sstb LB TR Hdg AUD

Fund size

$192.89 million

Management fee

0.39%

Total holdings

488

ASX admission date

28 November 2019

Holdings

The ten largest positions represent 15.46% of the fund and are mainly European government and supranational bonds. A France 1.75% bond leads at 2.89%, followed by European Union 2.75% (1.76%), Italy 4% (1.57%), European Union 0.4% (1.57%) and France 0.5% (1.46%).

The Netherlands 3.25% bond holds 1.31%, Germany 2.3% 1.24%, European Union 3.25% 1.21%, European Union 2.625% 1.20% and a second Italy 4% bond 1.20%.

Allocation and country mix

Bonds account for 100% of the fund, against 46.48% for the category. Germany accounts for 21.91%, against 4.37%, France 16.68%, against 4.36%, and supranational issuers 15.57%, against 2.20%. The Netherlands holds 8.75%, Italy 7.66% and Belgium 3.53%.

The United States holds 4.98%, against 44.43% for the category, Spain 2.68%, Ireland 2.55% and Austria 2.21%.

Fee, risk and distributions

The management fee is 0.39% a year. The fund reports a beta of 1.35 and a standard deviation of 4.69. The interim distribution of $0.230 per unit had an ex-date of 1 October 2026, a record date of 2 October and payment on 16 October, equal to an annual yield of 4.35%.

That is higher than the $0.226 paid in July, $0.197 in April, $0.195 in January and $0.195 in October 2025.

Category classification and liquidity

Morningstar places the fund in the Bonds - Global category, which covers funds investing primarily in foreign government and corporate debt with maturities generally longer than one year, an average credit quality typically of A- or above and a predominant currency hedge.

Liquidity indicators add a further view. There are 9,871,480 units on issue, and average daily trading volume is 15,439 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 594 to 8,800 units, with 6,296 recorded on 13 October while the market was still open. The bid-offer range stood at $19.45 to $20.80, and the day range at $19.47 to $19.53. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Units on Issue Disclosure for September 2026 on 6 October, a DRP Issue Price and Final Distribution Announcement on 1 October, an Estimated Distribution Announcement on 29 September and the Annual Report on 25 September.

Closing Perspective

GBND holds green-labelled bonds from European governments and supranationals, so its issuer mix differs from broad global bond funds that hold mainly US debt. The 0.39% fee is part of its profile, and trading volume is light. These facts do not forecast outcomes.