Yield Matters   

4 June 2019

XTB Price Sheets

XTB SMA Management Fee Now Zero 

The XTB SMA on Praemium is now management-fee free

0% management fees now apply to our SMA on Preamium, saving you 20bps p.a. This allows you to offer your clients a more cost effective and smarter way to run their fixed income XTB portfolio. The SMA delivered a 6.12% p.a. total return over the 12 months to 31 Mar 2019 (past performance is no guarantee of future performance).

SMA clients still enjoy all the benefits of owning XTBs individually, and you benefit as there is no ongoing administration: 

- All reinvestment is taken care of within the SMA,
- All coupons are still paid out to the client’s bank accounts,
- And you can transfer the securities out of the SMA at any time.

Call us on 1800 995 993 for more details.


After 30 months of 1.5%, will the RBA cut this afternoon?

The market certainly thinks so...

The market appears to be in agreement that rates are heading south. Commentators are calling for the cut to happen sooner rather than later with the ASX Target Rate Tracker now indicating 100% probability of a rate cut to 1.25%.

Westpac Chief Economist Bill Evans has even gone so far as to predict the RBA will cut the cash rate to as low as 0.75% by the end of the year.


Three advisers - Three views of XTBs

Hear how a range of advisers and portfolio managers are using XTBs

Our series of case studies demonstrates how a wide range of planners and portfolio managers have incorporated XTBs into their client's portfolios. 

Find out why a number of planners have found that XTBs can offer a level of predictability that bond ETFs cannot. The feature of known income payment amounts and dates, along with a set maturity date allows advisers to keep their client's fixed income allocation, just that - fixed. 


Demystifying Bond Terms 

Know your Coupon Rate from your YTM and Current Yield. 

There’s a lot of terminology associated with fixed income. Coupon, yield to maturity and current yield are three terms often used when talking about bonds. What are they and how do they differ? In this article we explain what they are and how they measure a bond's performance. This is a great introduction to bonds for any clients who are not as familiar with this asset class.


Upcoming XTB coupons 

08 JUN: YTMTCL - Transurban 4.90% 08 DEC 2021
11 JUN: YTMQF2 - Qantas 7.50% 11 JUN 2021
16 JUN: YTMNA1 - NAB 4.00% 16 DEC 2021

Keep up to date with XTB coupon dates on our website calendar, or follow us on Twitter or LinkedIn

Contact us

If you have any questions on the content included in Yield Matters or need help with anything regarding XTBs, please contact us on 1800 995 993 or email
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DISCLAIMER: Australian Corporate Bond Company Ltd (ABN 34 169 442 657, Authorised Representative No.: 469037) (“ACBC”) is an Authorised Representative of Theta Asset Management Ltd (ABN 37 071 807 684, AFSL No.: 230920) (“Theta”). Theta is the Responsible Entity of the Australian Corporate Bond Trust (ARSN 603 010 779) and the issuer of the Exchange Traded Bond Units (“XTBs”). ACBC is the Securities Manager of the XTBs. ACBC and Theta will earn fees for making the XTBs available to investors, which is payable at the time that an Authorised Participant applies for an XTB.
Email transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, delayed in transmission, incomplete, or may contain viruses.
ASX have approved the XTBs for quotation on ASX pursuant to the AQUA Rules. Further a Product Disclosure Statement (“PDS”) dated 6 May 2015 has been lodged with ASIC. Further Classes of XTBs may be made available pursuant to separate PDS, those Classes of XTBs will be made available once they have been approved for quotation by ASX and the relevant PDS has been lodged with ASIC. Investors should read the PDS that relates to that Class of XTB prior to making an investment decision, with or without the assistance of their professional legal, accounting and financial advisers.
The information contained in this email is confidential and may not be further disseminated to any person.  The information contained in this email is general in nature and does not take into account any particular investors personal circumstances, objectives or needs. It is not personal financial product advice. It is only made available to wholesale investors within the meaning of section 761G of the Corporations Act (2001).  
ACBC is solely responsible for the contents of this email. The contents of a PDS and this email are subject to change and ACBC makes no warranty, express or implied, as to the completeness of any statement contained herein nor does it represent that this email contains all of the information that an investor may require in order to assess the merits of an investment in XTBs.
The distribution of this email or any other material relating to XTBs, including a PDS, to persons outside of Australia may be restricted by law and any person who comes into possession of such documents should seek their own advice on, and observe any such restrictions.
Data in this email has been sourced from external parties believed to be reliable and has not been verified. Accordingly ACBC and Theta (and each of their directors, officers, consultants and employees) makes no warranty as to the accuracy or validity of any of the statistics quoted. To the extent permitted by law none of these parties are liable for any loss or damage arising from reliance on the content of this material. 

XTB® is a registered trade mark of Global Bond Exchange Pty Ltd, a related body corporate of Australian Corporate Bond Company Limited.

Copyright © 2019 Australian Corporate Bond Company, All rights reserved.

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