Betashares Ethical Australian Bond ETF

Betashares Ethical Australian Bond ETF holds 90 securities.

Its largest country exposure is Australia at 59.6%, based on holdings as at 2 Sept 2026.

AEBD shares the most holdings with Betashares Australian Composite Bond ETF (OZBD) (64% overlap), Betashares Australian Government Bond ETF (AGVT) (53% overlap) and Betashares Western Asset Australian Bond Active ETF (BNDS) (50% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.

At 64%, owning both AEBD and OZBD would mostly double up on the same investments rather than spread your money further. Of these, OZBD has the lowest fee, at 0.19% a year against 0.34% for AEBD.

Betashares Ethical Australian Bond ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.

Among Australian fixed income funds, active funds charge a median 0.43% a year and index funds 0.22%.

AEBD charges a management fee of 0.34% a year, about $34 for every $10,000 invested. That is cheaper than 63% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian fixed income funds, the median is 0.23%.

Lower-cost funds with a similar focus include VanEck Australian Subordinated Debt ETF (SUBD) at 0.29%, Vanguard Australian Fixed Interest Index ETF (VAF) at 0.10% and iShares Core Composite Bond ETF (IAF) at 0.10%.

If you would rather have a manager choose the investments, active options such as Betashares Australian Hybrids Active ETF (HBRD) at 0.55% and Betashares Western Asset Australian Bond Active ETF (BNDS) at 0.42% cost more.

The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.10% for AEBD.

No. Betashares Ethical Australian Bond ETF is a broad fixed income fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector.

It also applies environmental, social and governance (ESG) screens, excluding companies that fail the issuer's ethical criteria.

As at 2 Sept 2026, AEBD's ten largest holdings are British Columbia Prov of 5.2% May-36 (2.3%), Mtr Corp Ltd 5.582% Jan-38 (1.5%), Intl Finance Corp 1.5% Apr-35 (1.4%), Airservices Australia 5.35% Nov-37 (1.4%), Australian Government 2.75% Jun-35 (1.3%), Australian Government 4.25% Dec-35 (1.3%), Australian Government 3.0% Nov-33 (1.3%), Australian Government 3.5% Dec-34 (1.2%), Australian Government 4.25% Mar-36 (1.2%) and Intl Bk Recon & Develop 4.95% Feb-35 (1.1%). Together they make up 14.0% of the fund.

It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.

Based on its category, Betashares Ethical Australian Bond ETF aims mainly to pay a regular income, with capital growth secondary.

To 23 Oct 2026, with distributions reinvested, it returned −1.5% over 1 year (median 0.4%; ranked 30 of 36). The medians and rankings compare it with Australian fixed income funds. Since listing in 2024 it has returned 3.4% a year.

Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for AEBD; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.34% a year, and a much bigger gap is a warning sign.

Past performance is not a reliable indicator of future performance.