Highlights

  • DBBF targets an average long term balance of 50% growth and 50% defensive assets.
  • Five underlying ETFs provide its direct fund exposure.
  • Reported Assets were 52.95% equities and 47.05% bonds.
  • Management fees and costs were listed at 0.39%.

Betashares Ethical Diversified Balanced ETF (ASX:DBBF) provides exposure to growth and defensive assets through underlying ethical and sustainability oriented ETFs. Its long term average target is 50% growth assets and 50% defensive assets. At the time of writing on 6 November 2026, DBBF was trading at AUD 26.28. The portfolio combines Australian and international equities with Australian and Global Bond funds, creating a balanced multi asset structure.

A balanced target implemented through underlying funds

The reported asset allocation was 52.95% equities and 47.05% bonds. These actual weights differ from the long term average target, which describes the intended strategic balance rather than a requirement that each component equals half of assets at every moment.

The direct portfolio contained five ETFs. Their underlying holdings provide wider company and bond issuer exposure than the direct fund count suggests. Assessment therefore requires both the allocation across funds and the investments within them. Bond and share holdings introduce different economic influences, while market movements can change their relative weights.

Ethical Equity and bond components shape the mix

Ethical Australian Composite Bond ETF was the largest direct position at 28.43%. Global Sustainability Leaders ETF accounted for 23.07%, Australian Sustainability Leaders ETF 19.73%, Global Green Bond Currency Hedged ETF 18.61% and Global Sustainability Leaders Currency Hedged ETF 10.13%.

The allocation combines domestic and international exposures and includes hedged global components. Ethical descriptions need to be interpreted through the rules of the underlying funds. Different screening approaches can affect eligible companies or issuers and change sector allocations. They do not establish that each holding meets every investor’s personal definition of an ethical investment.

Underlying geography costs and sources of risk

Geographic exposure included Australia at 35.27% and the United States at 25.50%. Supranational issuers represented 7.07%, Germany 6.21%, the Netherlands 4.15% and France 3.74%. This mix reflects the combination of equity and bond investments, including issuers that are not operating companies.

The equity sector breakdown was led by financial services at 25.46%, technology at 25.33% and healthcare at 14.96%. These sector figures describe the reported equity mix and should not be read as percentages allocating the whole multi asset portfolio. Interest rates, Credit quality, currency movements and share valuations remain relevant across the different underlying funds.

Management fees and costs were listed at 0.39%. A distribution of AUD 0.156 per unit had an ex-distribution date of 1 October 2026, a Record Date of 2 October 2026 and a payment date of 16 October 2026. Distribution amounts can change and do not represent a fixed payment commitment.

Key Insights

DBBF’s exposure comes from the combination of screened equity and bond funds around a balanced strategic target. Its five direct holdings provide broader underlying security exposure, while ethical methodologies and currency hedging shape the resulting allocation.