Key Highlights

  • The fund holds 100.43% in the iShares Global Corporate Bond ETF (CRPS), hedged to Australian dollars.
  • The United States represents 57.05% of the portfolio, against 12.81% for the category.
  • The management fee is 0.27% and the fund size is $340.00 million.
  • The October 2026 distribution of $1.947 is lower than the $1.955 paid in April.

iShares Core Global Corporate Bond (AUD Hedged) ETF (ASX:IHCB) seeks to achieve its objective by tracking the performance of the Bloomberg Global Aggregate Corporate Bond Index (Total Return, Hedged to AUD). The fund was admitted to the ASX on 9 December 2015 and last traded at $87.66 on 13 October 2026. It reports a fund size of $340.00 million.

Detail

Information

Ticker

ASX:IHCB

Fund

iShares Core Global Corporate Bond (AUD Hedged) ETF

Category

Diversified Credit

Benchmark

Bloomberg Gbl Agg Corp TR Hdg AUD

Fund size

$340.00 million

Management fee

0.27%

Underlying fund

iShares Global Corp Bond ETF USD Dist, 100.43%

ASX admission date

9 December 2015

Structure and hedging

The fund holds its exposure through one underlying fund, which represents 100.43% of assets because of the hedging arrangements. Bonds account for 100.11% of the portfolio and cash -0.14%. Reported turnover is 18.90%.

The fund lists 164 holdings in total.

Country exposure

The United States accounts for 57.05% of the portfolio, against 12.81% for the category. The United Kingdom holds 7.41%, France 6.25%, Canada 4.95% and Germany 4.28%.

Japan holds 2.94%, Switzerland 2.10%, Australia 2.07%, against 56.66% for the category, Spain 1.92% and the Netherlands 1.88%.

Fee, risk and distributions

The management fee is 0.27% a year. The fund reports a beta of 1.01 and a standard deviation of 3.88. The interim distribution of $1.947 per unit had an ex-date of 29 September 2026, a record date of 30 September and payment on 9 October.

Payments are uneven, with larger amounts in April and October: $1.955 in April 2026 and $1.827 in October 2025 compare with $0.082 in July 2026 and $0.440 in July 2025.

Category classification and liquidity

Morningstar places the fund in the Diversified Credit category, which covers funds investing primarily in Australian and/or global credit securities, typically with active credit selection aimed at higher returns than government bonds, where average credit quality is typically BBB or above and sub-investment grade and unrated issues are permitted.

Liquidity indicators add a further view. There are 3,890,112 units on issue, and average daily trading volume is 4,934 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 3,000 to 7,200 units, with 3,858 recorded on 13 October while the market was still open. The bid-offer range stood at $87.65 to $93.99, and the day range at $87.31 to $87.71. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly applications, redemptions and units-on-issue details on 7 October, Components of Distributions on 1 October, and distribution reinvestment plan prices, the final distribution announcement and a revised estimate on 29 September.

Closing Perspective

IHCB offers hedged global corporate credit with a heavy US weighting, at a 0.27% fee. Its distributions follow a pattern of two larger payments and two smaller ones across the year, and trading volume is very light. These facts do not forecast outcomes.