• HCRD aims to track an interest rate hedged Australian investment grade corporate bond index.
  • The fund holds one underlying product, CRED, at 100.00% of the portfolio.
  • Australia represents 69.75% of reported exposure, with Germany at 13.12%.
  • The management fee is 0.29%.

The Betashares Interest Rate Hedged Australian Corporate Bond ETF (ASX:HCRD) aims to track the Solactive Australian Investment Grade Corporate Bond Select DH Index, before fees and expenses. It is categorised as Diversified Credit and was admitted to the ASX on 16 November 2022. The fund reports a single underlying holding. The table below sets out its key details.

Fund name

Betashares Interest Rate Hedged Australian Corporate Bond ETF

ASX code

HCRD

Category

Diversified Credit

Benchmark

Solactive Aus IG Corp Bond Slct

Management fee

0.29%

Last price (23 October 2026 session)

$25.14

Admitted to ASX

16 November 2022

What exposure does HCRD offer?

HCRD provides exposure to Australian investment grade corporate bonds with interest rate risk hedged in the index it tracks. Rather than holding bonds directly, the fund reports a single holding: the Betashares Australian Investment Grade Corporate Bond ETF (ASX:CRED), which makes up 100.00% of the portfolio. Reported geographic exposure is led by Australia at 69.75%, followed by Germany at 13.12% and New Zealand at 5.10%.

Portfolio composition

Reported asset allocation is bonds 98.88% and cash 1.12%. By region, the largest weightings are Australia (69.75%), Germany (13.12%), New Zealand (5.10%), the United Arab Emirates (3.81%) and France (3.34%). The fund reports a single holding, Betashares Australian Investment Grade Corporate Bond ETF (CRED), at 100.00% of the portfolio.

Fees, price and distributions

The management fee is 0.29%. The last quoted price was $25.14 during the 23 October 2026 session. The latest distribution was $0.121 per unit, with an ex-date of 1 October 2026, a record date of 2 October 2026 and a payment date of 16 October 2026. An annual yield of 5.17% is shown for the fund. Distributions are made monthly.

Who HCRD may suit

The fund may suit investors who want corporate credit exposure while reducing the effect of interest rate movements. Because the fund invests through another ETF, its results depend on that underlying fund, and the hedging adds a layer to its structure. The latest distribution was $0.121 per unit with an annual yield of 5.17% shown, and the management fee is 0.29%.

Final takeaways

HCRD uses a fund-of-fund structure to provide hedged Australian corporate bond exposure. Its fees, distribution details and holdings are summarised above, and further information is available through the ASX announcements.