Overview
Description
The Vanguard Australian Corporate Fixed Interest Index Fund is an investment fund that seeks to track the performance of the Bloomberg AusBond Credit 0+ Yr Index. This fund provides investors with broad exposure to Australian investment-grade corporate bonds. Designed to provide a reliable source of income, it is appealing to investors seeking a moderate level of risk with a focus on fixed income securities.
This fund invests in a diversified portfolio of bonds issued by both government-related and private sector corporations across various industries, including financial services, utilities, and consumer goods. Its investments are concentrated in medium to long-term maturities, which makes it a significant player in the fixed income sector of the Australian financial markets.
The role of the Vanguard Australian Corporate Fixed Interest Index Fund in the financial market is crucial, as it helps diversify portfolios by stabilizing returns through interest income. Given its focus on high-quality, investment-grade debt, this fund serves as a tool for investors to gain exposure to the relatively less volatile corporate bond market, thereby aiding in balancing risk across investment assets.
About
Address
—
Phone
+61 1300655101
Website
—
Instrument type
ETF
Country
Australia
MIC code
XASX