BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)
Managed by BetaShares PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
0.34%
vs peer avg 0.65%
Risk indicator
4/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
peer avg 1.17%
Fund size
NZ$28.1m
0% growth · 100% income
The Fund aims to provide an investment return that aims to track the performance of the Solactive Australian Investment Grade Corporate Bond Select TR NZD Hedged Index, before taking into account fees and expenses.
Key facts
Fund start date
29 May 2023
Min. investment
NZ$500,000
Tax structure
PIE
Capped at your PIR (max 28%)
Currency
NZD hedged
How this fund compares to peers
Mechanical comparison vs the 31 other international fi funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
0.34%
Category median: 0.70%
Cheaper than 76% of peers
Fund size
NZ$28.1m
Category median: NZ$141.0m
21th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$169
Compounded charge over 5 years (excl. returns)
$176 less than peer median
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
| EN Emirates NBD Bank 5.913% Jun-35 | 2.82% |
| S5 Stockland Trust 5.346% Oct-35 | 2.37% |
| A6 Aroundtown SA 6.65% Feb-36 | 2.35% |
| NP NSW Ports Finance 5.432% Sep-34 | 2.30% |
| EO E.ON SE 5.461% Oct-35 | 2.29% |
| AN Aurizon Network 6.2% Dec-33 | 2.27% |
| EI EnBW Intl Finance 6.048% Oct-34 | 2.26% |
| SG Scentre Group Trust 5.9% Nov-34 | 2.25% |
| V5 Vonovia SE 5.717% Sep-35 | 2.24% |
| PT Patrick Terminals Finance 5.549% Oct-35 | 2.22% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- BETASHARES AUSTRALIAN INVESTMENT GRADE CORPORATE BOND FUND (NZD HEDGED) (FND44174) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 2.24 KB
- 20260331 BCNZL PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 846.45 KB
- Betashares Australian Investment Grade Corporate Bond Fund NZ Hedged Quarterly Report.pdf The quarterly update published by the provider PDF, 168.06 KB
- 20260331 BCNZL OMI.pdf Other Material Information PDF, 875.26 KB
- 20260331 BCNZL SIPO.pdf Statement of investment policy and objectives PDF, 679.82 KB
About this category
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
About BetaShares
Australian ETF and indexed-fund specialist with sustainability-leader and quality-factor PIE funds for NZ investors.
See all funds from BetaShares →Head-to-head
Compare BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International FI funds
AI & integrations
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Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) is managed by BetaShares. Australian ETF and indexed-fund specialist with sustainability-leader and quality-factor PIE funds for NZ investors.
What asset class is the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
It is a international fi managed fund. The fund has a conservative risk profile. Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
What are the fees for the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
The annual fund charge for the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) is 0.34% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
The risk indicator is 4/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) a PIE fund?
Yes. The BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
Fund size (assets under management) is NZ$28 million as at the latest Quarterly Fund Update. Asset mix is approximately 0% growth assets and 100% income assets.
What does the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) invest in?
The latest published top holdings are: Emirates NBD Bank 5.913% Jun-35 (2.82%), Stockland Trust 5.346% Oct-35 (2.37%), Aroundtown SA 6.65% Feb-36 (2.35%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
Is the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) currency-hedged?
Yes. The BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) hedges its foreign-currency exposure back to NZD. This reduces the impact of NZD/foreign-currency movements on returns but adds a hedging cost.
How can I invest in the BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)?
The BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged) is available via InvestNow, BetaShares directly. Always read the current Product Disclosure Statement before investing.