If you already own Hybrids you’ll be familiar with some of their benefits: attractive yields, access to franking credits and lower volatility relative to equities. However, as terms and conditions differ from security to security, Hybrids can be a complex and admin intensive asset class for investors.
To take the headache out of investing in Hybrids, BetaShares has just launched HBRD, the first Active ETF in Australia providing access to a professionally managed, diversified portfolio of Hybrid securities. Peter Harper, Director of Distribution at BetaShares says:
The goal of HBRD is to provide investors with a simple and effective way to invest in the Australian Hybrids market, while seeking to reduce the risks that may be experienced by direct Hybrid holders.
Watch the short video below for information on HBRD.
Visit the website for more information on this fund