BetaShares - Australian Bank Senior Floating Rate Bond ETF (QPON.AX)
BetaShares - Australian Bank Senior Floating Rate Bond ETF (QPON.AX)
Company overview
QPON aims to replicate the performance of a designated benchmark index, which, in turn, reflects the returns of a carefully selected portfolio comprising significant and highly liquid senior floating-rate bonds issued by Australian banks. To be eligible, these bonds must have an issuance value of at least $500 million and a maturity period ranging from one to five years. The portfolio is structured such that up to 80% of its assets are invested in equally weighted bonds from Australia's four largest banks, with the remaining portion, up to 20%, allocated to bonds from other major Australian banking institutions.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
BetaShares - Australian Bank Senior Floating Rate Bond ETF (QPON.AX)
No price history available.
QPON aims to replicate the performance of a designated benchmark index, which, in turn, reflects the returns of a carefully selected portfolio comprising significant and highly liquid senior floating-rate bonds issued by Australian banks. To be eligible, these bonds must have an issuance value of at least $500 million and a maturity period ranging from one to five years. The portfolio is structured such that up to 80% of its assets are invested in equally weighted bonds from Australia's four largest banks, with the remaining portion, up to 20%, allocated to bonds from other major Australian banking institutions.
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