Key Highlights

  • The fund holds 168 companies and issuers, with Australia at 87.17%.
  • Bonds make up 99.83% of the portfolio, with cash at 0.16%.
  • The top ten holdings make up 25.35% of the fund, led by Commonwealth government bonds.
  • The listing shows no management fee and no annual yield, so both are omitted here.

Betashares Bloomberg Ausbond Composite ETF (ASX:COMP) is built around the Bloomberg Australian Enhanced Yield Composite Bond Index, which covers fixed-rate Australian dollar bonds across government, government-related, supranational and Investment grade corporate issuers. The units were listed at $49.85. The fund was admitted to the ASX on 5 June 2026, and its listing does not show a management fee, so investors should confirm the cost in the product documents.

Ticker

ASX:COMP

Listed price

$49.85

Admitted to ASX

5 June 2026

Benchmark

Bloomberg Aust EnhancedYld CompBd TR AUD

Holdings

168 companies

Portfolio make-up

Bonds make up 99.83% of the fund, with cash at 0.16%. Australia accounts for 87.17%, followed by supranational issuers at 4.66%, Canada at 2.62%, Germany at 1.55%, Switzerland at 0.42% and Norway at 0.40%. The largest holdings are Commonwealth government bonds, including a 1.25% bond at 4.41%, a 1.5% bond at 2.77%, and 2.75% bonds at 2.72% and 2.57%.

The top ten holdings make up 25.35% of the portfolio, which is more concentrated than the broad composite bond funds in this series, because the fund holds a smaller number of issuers.

Income and costs

The management fee is not shown on the listing, and no annual yield is shown. The listing's benchmark reflects an enhanced yield composite, so the portfolio is designed to pick up some yield above Government Bonds through its issuer mix.

Risks to weigh

The fund carries Interest Rate risk, which affects its price when yields rise, and Credit risk from its corporate and supranational holdings. Its recent listing means there is limited trading history on the exchange. Concentration in several large Commonwealth issues adds further exposure to the same set of securities.

Final Word

The Betashares Bloomberg Ausbond Composite ETF offers a diversified Australian bond portfolio that leans toward Commonwealth issues, with an enhanced yield composite as its benchmark. Investors should check its fee and listing details before weighing the holding against the broader composite funds.