Fixed income
WBND
Betashares Global Aggregate Bond Currency Hedged ETF · Betashares
A very broad spread of bonds from around the world — government, government-related, corporate and securitised debt — all hedged back to Australian dollars.
What the fee costs you
The management fee is 0.19% a year. Here’s what that works out to in dollars:
A 0.19% yearly fee works out to about $19 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
- ~30,000+ (across the index)
- Where it invests
- Global, spread across more than 70 countries and over 25 currencies in the developed and emerging bond markets.
- 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: it lends to governments and strong companies worldwide and earns interest, and tends to move quite differently from shares. It tracks the broad global investment-grade bond benchmark, so it is about as diversified as a bond fund gets.
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. A very broad spread of issuers keeps credit risk well diversified, and everything held is investment-grade.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.