Fixed income
UTIP
Betashares Inflation-Protected U.S. Treasury Bond Currency Hedged ETF · Betashares
Inflation-protected US government bonds — US Treasury 'TIPS', whose value and interest payments rise with US inflation — hedged back to Australian dollars.
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
- ~47
- Where it invests
- 100% United States.
- Income paid
- Quarterly
- Currency hedged
- Yes — It's hedged back to Australian dollars, so its returns come mainly from the bonds themselves rather than swings in foreign currencies — the usual approach for an international bond fund.
Its character
A defensive holding rather than a growth one, with a built-in inflation link: these are US Treasury bonds whose value and interest payments adjust up and down with US inflation. So when US inflation runs higher than expected they tend to do better than ordinary fixed-rate Treasuries, and worse when inflation falls away.
What to keep in mind
The risks are interest rates and US inflation, not the share market or credit: like other bonds its price falls when real interest rates rise, but because it adjusts with US inflation it behaves differently from an ordinary Treasury fund. Being US Treasuries, the credit risk (the chance of not being repaid) is about as low as it gets.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.