Fund Product Update
/BetaShares launches interest rate hedged bond ETF
BetaShares has unveiled the BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF (HCRD), a first of its kind on the Australian Stock Exchange. The exchange-traded fund (ETF) offers long-term exposure to fixed-rate Australian corporate bonds, a portfolio of up to 50 bonds.
CFS launches sustainable fund
Colonial First State (CFS) has launched a new sustainable growth fund, Thrive+. While avoiding the typical set of companies, the fund will be looking for companies involved in climate change solutions, resource efficiency, sustainable communities, healthcare, and diversity and inclusion.