VanEck - Australian Corporate Bond Plus ETF (PLUS.AX)

The VanEck Australian Corporate Bond Plus ETF (PLUS) provides exposure to a diverse range of Australian dollar-denominated corporate bonds. The fund primarily targets top-performing, investment-grade corporate bonds issued within Australia. Its core objective is to deliver investment returns, pre-fees and other charges, that effectively mirror the performance of its underlying Index. PLUS strategically invests in AUD corporate bonds that offer superior yields when compared to government bonds of equivalent maturity. These corporate bonds inherently offer potential diversification and defensive benefits within a portfolio. It's important to note that while Australian dollar corporate bonds generally provide a higher yield than Australian government bonds, this typically comes with a modestly elevated risk profile.