US Treasuries Through a Feeder: A Look at iShares IUSG (ASX:IUSG)

Sonal Goyal

28 October 2026 12:31 PM AEDT

US Treasuries Through a Feeder: A Look at iShares IUSG (ASX:IUSG)

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Key Highlights

iShares U.S. Treasury Bond (AUD Hedged) ETF (ASX:IUSG) aims to track the ICE U.S. Treasury Core Bond Index (Total Return, Hedged to AUD).
The portfolio is held through iShares $ Treasury Bond ETF AUD H Dist, which represents 99.93% of assets.
The fund has a management fee of 0.17% and a fund size of $33.98 million.

As of 27 October, iShares U.S. Treasury Bond (AUD Hedged) ETF (ASX:IUSG) manages $33.98 million and holds US Treasuries through a single underlying iShares fund. It charges 0.17% and has traded since 22 September 2023.

Key Fact	Detail
Fund	iShares U.S. Treasury Bond (AUD Hedged) ETF
ASX code	IUSG
Issuer	BlackRock (iShares)
Category	Bonds - Global
Benchmark	ICE U.S. Treasury Core Bond H TR AUD
ISIN	AU0000267791
Admitted to the ASX	22 September 2023
Fund size	$33.98 million
Management fee	0.17%
Holdings	A single underlying fund
Latest distribution	Interim, $2.016 per unit (ex-date 29 Sep 2026; payment 9 Oct 2026)

One Fund, One Underlying Holding

IUSG's portfolio is the iShares $ Treasury Bond ETF AUD H Dist, which makes up 99.93% of assets. The index is designed to measure the AUD hedged performance of the US Treasury bond market, and the fund sits in the Bonds - Global category, where funds typically maintain a predominant currency hedge.

Allocation Detail

Bonds are 99.76% of the portfolio and cash 0.24%, with 100% of exposure in the United States. Recent announcements include components of distributions lodged on 1 October 2026 and a final distribution announcement on 29 September.

Further Portfolio Detail

Regionally, the fund is invested in United States (100.00%).

Payment Timetable

Interim distribution details: $2.016 per unit, ex-date 29 September 2026, record date 30 September 2026, payment date 9 October 2026.

Announcements to Note

Lodgements with the ASX have included components of distributions on 1 October 2026, distribution reinvestment plan prices and a final distribution announcement on 29 September 2026.

Where the Fund Sits

iShares U.S. Treasury Bond (AUD Hedged) ETF is classified as Bonds - Global. Funds in this category invest in foreign government and corporate debt with terms to maturity generally greater than one year, and they maintain a predominant currency hedge.

Index and Track Record Length

The fund has been listed since 22 September 2023, a period of about 3 years. Its stated benchmark is the ICE U.S. Treasury Core Bond H TR AUD index, and the issuer is BlackRock (iShares) (ISIN AU0000267791). It charges a management fee of 0.17%.

What the Dates Mean

Three dates matter for each distribution: the ex-date, after which new buyers do not qualify for the payment; the record date, when entitlements are set from the register; and the payment date, when the money is paid.

Final Takeaway

IUSG delivers hedged US Treasury exposure at a 0.17% fee through a single iShares fund. The latest distribution was an interim payment of $2.016 per unit on 9 October 2026.

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