Fixed income
AGVT
Betashares Australian Government Bond ETF · Betashares
A spread of bonds issued by Australian federal and state governments, plus some bonds from supranational and government-agency issuers — loans to government that pay regular interest, rather than company shares.
What the fee costs you
The management fee is 0.22% a year. Here’s what that works out to in dollars:
A 0.22% yearly fee works out to about $22 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- Fixed income
- Number of holdings
- ~74
- Where it invests
- Primarily Australia.
- Income paid
- Monthly
- Currency hedged
- N/A — It holds Australian-dollar bonds, so there's no foreign-currency exposure to hedge.
Its character
A defensive holding rather than a growth one: it lends to government and earns interest, and tends to move quite differently from shares. It deliberately holds longer-dated bonds (terms of roughly 7 to 12 years), which lifts the income on offer but also makes its price more sensitive to changes in interest rates.
What to keep in mind
The main risks are interest rates and credit, not the share market: when rates rise, existing bond prices typically fall, and longer-dated bonds move more — so this fund's price can swing more than a short-dated bond fund. Australian government bonds carry very low credit risk.
Income
Income is paid as interest (not franked dividends), passed on as monthly distributions.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.