Product Name |
BetaShares Sustainability Leaders Diversified Bond ETF - Currency Hedged (ASX: GBND) |
Issuer |
BetaShares |
Category |
Investment |
Type |
Exchange Traded Fund (ETF) |
Target |
Retail, Wholesale, Institutional |
Certified Since |
2020 |
Asset Classes |
Fixed income |
Markets |
Australia |
Investment Approaches |
Negative Screening, Positive Screening |
It Includes: |
|
It has some level of screening for: |
|
It fully excludes: |
|
Broker | Responsible Returns |
URL | https://www.responsiblereturns.com.au/investment-options/betashares-sustainability-leaders-diversified-bond-etf-currency-hedged-asx-gbnd/profile |
Overview
GBND aims to track the performance of an index (before fees and expenses) that comprises a portfolio of global and Australian bonds screened to exclude issuers with material exposure to fossil fuels or engaged in activities deemed inconsistent with responsible investment considerations. At least 50% of GBND’s portfolio is made up of “green bonds”, issued specifically to finance environmentally friendly projects, as certified by the Climate Bonds Initiative. General bond eligibility requirements: - must be rated investment grade at a minimum by either Standard & Poors or Moody’s Investor Services (if a bond is not rated, the bond issuer must satisfy the minimum rating) - must have at least 1 year to maturity - only senior or higher ranked debt instruments are eligible. Bonds that satisfy the above criteria must then qualify as either green bonds or other ESG-screened bonds, as set out below. Green bonds • must be green bonds as defined by the Climate Bonds Initiative; and • must have an outstanding amount of at least 300 million in their respective currency. Other ESG-screened bonds These are non-green bonds that, in addition to having passed the ESG-screens, also satisfy the following requirements: • must be denominated in Australian dollars and be issued in the Australian market; • bond issuers must be non-sovereign issuers (i.e. Commonwealth Government bonds are excluded); and • must have an amount outstanding of at least AUD500 million.
Description