Betashares launches four new diversified ETFs

Betashares has launched four new exchange-traded funds (ETFs) designed to provide diversified asset allocation and income exposure.

Three of the new offerings are multi-asset diversified ETFs: the Diversified High Growth ETF (DVHG), the Diversified Growth ETF (DVGR), and the Diversified Balanced ETF (DVBA). These funds utilize a passive blend of ETFs to cover Australian and global equities, emerging markets, and investment-grade bonds. The asset allocations for these funds are 90/10, 75/25, and 60/40 between growth and defensive assets, respectively. Each of these three funds carries an annual management fee of 0.19 per cent.

The fourth launch is the Diversified Credit Income ETF (DCRD), which provides exposure to a mix of senior floating-rate Australian bank bonds, subordinated bonds, and interest-rate-hedged Australian investment-grade corporate bonds. The DCRD fund aims to provide monthly distributions with an annual management fee of 0.22 per cent.

Chief Executive Alex Vynokur stated that the funds are intended to simplify portfolio construction by combining asset allocation, disciplined rebalancing, and cost management into a single investment solution.