How Does Betashares Inflation Protected US Treasury Bond Currency Hedged ETF (ASX:UTIP) Target Inflation-Linked Treasuries?

Sonal Goyal

28 October 2026 12:33 AM AEDT

How Does Betashares Inflation Protected US Treasury Bond Currency Hedged ETF (ASX:UTIP) Target Inflation-Linked Treasuries?

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Key Highlights

Betashares Inflation Protected US Treasury Bond Currency Hedged ETF (ASX:UTIP) aims to track the Bloomberg Global Inflation Linked US TIPS Hedged TR AUD index, before fees and expenses.
The portfolio holds 48 US Treasury bonds, with the top ten making up 36.32% and bonds representing 100% of assets.
Fund size is $104.05 million and the management fee is 0.22%.

Betashares Inflation Protected US Treasury Bond Currency Hedged ETF (ASX:UTIP) is an exchange traded fund that aims to track the performance of the Bloomberg Global Inflation Linked US TIPS Hedged TR AUD index, using a passive management approach. Admitted to the ASX on 20 September 2023, the fund has a fund size of $104.05 million and a management fee of 0.22%. This article explains the structure, holdings and distributions.

Exposure and Investment Approach

The Responsible Entity employs a passive management approach with the aim of tracking the index's performance before fees and expenses. The fund is categorised as Bonds - Inflation-linked, a category that predominantly invests in fixed interest securities indexed to inflation, most commonly CPI, with terms to maturity generally greater than one year.

Portfolio Composition

The fund holds 48 holdings. Its largest positions are United States Treasury Notes 1.875% (4.05%), United States Treasury Notes 2.125% (4.00%), United States Treasury Notes 1.875% (3.98%), United States Treasury Notes 1.875% (3.76%), United States Treasury Notes 1.75% (3.60%), and the top ten holdings together account for 36.32% of the portfolio.

The remaining top ten positions are United States Treasury Notes 1.125% (3.43%), United States Treasury Notes 1.25% (3.39%), United States Treasury Notes 1.625% (3.37%), United States Treasury Notes 1.125% (3.35%), United States Treasury Notes 1.375% (3.34%).

In terms of asset allocation, bonds make up 100% of the portfolio. Geographic exposure is United States (100.00%).

Key Features to Understand

All 48 holdings are US Treasury securities, with the largest positions being United States Treasury Notes at coupons of 1.875%, 2.125%, 1.75%, 1.125% and 1.25%, each at between 3.3% and 4.1% of the portfolio. Geographic exposure is 100% United States, and the portfolio is hedged to Australian dollars as reflected in its benchmark.

Distribution Details

The fund's most recent recorded distribution was a interim distribution of $0.277 per unit, with an ex-date of 1 October 2026, a record date of 2 October 2026 and payment on 16 October 2026.

Fund Details at a Glance

Fund name: Betashares Inflation Protected US Treasury Bond Currency Hedged ETF (ASX:UTIP)
Issuer: Betashares
Category: Bonds - Inflation-linked
Benchmark: Bloomberg Gbl Inf Lnked US TIPS H TR AUD
Admitted to the ASX: 20 September 2023
Fund size: $104.05 million
Management fee: 0.22%
ISIN: AU0000292831

Recent Announcements

Recent announcements include an annual report on 25 September 2026, a final distribution announcement on 1 October 2026, the DRP issue price and a units on issue disclosure for September 2026.

In Summary

Betashares Inflation Protected US Treasury Bond Currency Hedged ETF provides AUD hedged exposure to inflation-linked US Treasuries through a passive approach, with a management fee of 0.22%. Its most recent distribution was an interim distribution of $0.277 per unit, paid on 16 October 2026.

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