Key Highlights

  • The fund's objective is a high Yield through geared exposure to Investment grade Australian corporate fixed income securities.
  • The portfolio holds three underlying Betashares ETFs, and total holdings exceed 100 percent because of gearing.
  • Australia accounts for 82.47 percent of geographic exposure, compared with 58.51 percent for the category.
  • Management fees and costs are 1.02 percent, and the fund size is $103.27 million.

The Betashares Australian Enhanced Credit Income Complex ETF (ASX:ECRD) provides geared exposure to a portfolio of investment grade Australian corporate fixed income securities, held through underlying ETFs. On 4 November 2026 the units were quoted at $24.06, up 2 cents or about 0.1 percent from the previous close of $24.04, with 4,000 units traded. The fund was admitted on 24 November 2025 and sits in the Diversified Credit category.

Fund detail

Information

Ticker

ASX:ECRD

Benchmark

Not applicable on the listing

Category

Diversified Credit

Admitted

24 November 2025

Management fees and costs

1.02%

Fund size

$103.27 Million

Units outstanding

4,295,707

Total fund holdings

3 companies

Last price (4 November 2026)

$24.06

ISIN

AU0000416646

Geared structure

The listing reports bonds at 340.71 percent of the portfolio and cash at negative 240.71 percent, reflecting borrowing used to increase exposure. Because of this structure, the fund's holdings add to more than 100 percent of its net assets.

Gearing can magnify both gains and losses relative to an unleveraged portfolio, which is the central feature of the fund's design.

Underlying holdings and geography

The listing names two of the three underlying holdings: Betashares Australian Major Bank Subordinated Debt ETF, at 171.59 percent, and Betashares Interest Rate Hedged Australian Corporate Bond ETF, at 170.43 percent.

Australia accounts for 82.47 percent of geographic exposure, followed by Germany at 6.27 percent and New Zealand at 2.77 percent. The United States is 2.01 percent against 12.34 percent for the category.

Trading and disclosures

The listing shows no trades on the day. The top ten holdings are reported at 342.02 percent of the fund, with a remaining allocation of negative 242.01 percent.

The fund published its monthly notional Derivatives exposure report for October 2026 on 3 November 2026.

Final Word

The fund combines a fixed income focus with a geared structure, which magnifies the effect of changes in credit markets on the portfolio. Its 1.02 percent fee and gearing are the principal structural features on the listing, and the monthly derivatives reports provide the most recent detail on exposure.