Fixed income
HCRD
Betashares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF · Betashares
A spread of high-quality Australian company bonds — senior, investment-grade corporate debt — with most of the interest-rate sensitivity stripped out.
What the fee costs you
The management fee is 0.29% a year. Here’s what that works out to in dollars:
A 0.29% yearly fee works out to about $29 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
- Up to ~50
- Where it invests
- 100% 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, designed to behave more like a steady income stream than a typical bond fund. It holds investment-grade Australian corporate bonds, then uses bond futures to cancel out most of the interest-rate sensitivity — so what's left is mainly the extra yield companies pay over the government, rather than the ups and downs that come with changing interest rates. That's why it tends to be unusually stable for a bond fund.
What to keep in mind
Because the interest-rate sensitivity is hedged out, the main risk left is credit — the chance that a company doesn't repay. The bonds are all investment-grade and the issuers are spread out, which keeps that risk contained, but it isn't risk-free.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.