State Street released June and financial year 2015 results for it bond ETFs last week. Both ETFs aim to track the corresponding benchmark before fees and the results released are indicative of this approach. The SPDR S&P/ASX Australian Bond ETF lost 1.05% for the month but was up 5.71% from a year ago. Its benchmark index returned –1.02% and 6.05% respectively. The SPDR S&P/ASX Australian Government Bond ETF lost 1.11% for the month but was up 5.88% from a year ago. Its benchmark index returned –1.08% and 6.19% respectively.
Last week saw BetaShares Cash ETF lose around $64m of funds but it is still the biggest cash/bond ETF by a along way. All the other cash/bond ETFs had modest inflows.
ASX CASH & BOND ETFS*
|NAME||SYMBOL||CLOSE PRICE||1m (%)||1y (%)||MER (%)||FUND
|BetaShares Aust High Int Cash||AAA||50.11||0.21||3.17||0.18||705.51|
|SPDR S&P/ASX Aust Bond||BOND||25.85||0.01||7.70||0.24||15.65|
|SPDR S&P/ASX Aust Govt Bond||GOVT||25.63||-0.05||8.01||0.22||5.16|
|iShares Composite Bond ETF||IAF||104.65||0.01||7.28||0.24||191.76|
|iShares Treasury ETF||IGB||102.31||-0.16||7.66||0.26||16.07|
|iShares Govt Inflation ETF||ILB||113.00||-0.66||9.36||0.26||33.21|
|Russell Aust Select Corp Bond ETF||RCB||20.33||0.40||4.84||0.28||79.50|
|Russell Aust Govt Bond ETF||RGB||21.11||-0.11||9.31||0.24||132.86|
|Russell Aust Semi-Govt Bond ETF||RSM||20.60||0.35||6.49||0.26||125.54|
|Vanguard Aust Fxd Int Index ETF||VAF||49.40||0.03||7.30||0.20||209.75|
|Vanguard Aust Govt Bond Index ETF||VGB||48.66||-0.04||7.69||0.20||49.27|