BetaShares - Australian Major Bank Hybrids Index ETF
public_traded
BetaShares - Australian Major Bank Hybrids Index ETF is publicly traded on ASX under ticker BHYB.AX.
BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.Hybrids can be expected to produce risk and return characteristics above those of traditional fixed-income securities like bonds but below those of ordinary shares.