Cboe Funds
Cboe is a trading exchange for various securities, just like the ASX. Both Cboe and the ASX let you buy or sell Australian-listed stocks.
In addition to ASX-listed securities, Cboe also offers additional Cboe Funds. These trade exclusively on the Cboe Market.
Image Source: https://www.cboe.com.au/data/aucx/fundsreports/MonthlyFunds.2022-09.pdf
What are Cboe Funds?
Cboe Funds are split into two categories:
- Exchange Traded Funds (ETFs)
- Quoted Managed Funds (QMFs)
Exchange Traded Funds:
ETFs are passively managed funds that automatically track a specific index. For example, an ETF that seeks to
track the S&P/ASX 200 will contain Australia’s 200 largest publicly listed companies. If a company drops out
of this list and is replaced by another, the ETF will update to match this new composition.
Quoted Managed Funds:
QMFs have room for more variation compared to ETFs. According to Cboe, “QMFs are funds that are rules based,
actively managed or hold only single assets.”
In general:
- ETFs are more passive (they just follow an index).
- QMFs are more active (they may have more human guidance/direction).
Cboe Funds Directory:
- Crypto
- Australian Equities
- International Equities
- Fixed Income - Domestic
- Fixed Income - International
- Fixed Income - Single Asset
CRYPTO:
| Fund Name | Cboe Code | Mgmt Fee | Benchmark | Details |
|---|---|---|---|---|
| Global X 21Shares Bitcoin ETF | EBTC | 1.25% | CryptoCompare’s Crypto Coin Comparison Aggregated Index (Bitcoin) | The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of Bitcoin in Australian Dollars. |
| Global X 21Shares Ethereum ETF | EETH | 1.25% | CryptoCompare’s Crypto Coin Comparison Aggregated Index (Ethereum) | The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of Ethereum in Australian Dollars. |
| Monochrome Bitcoin ETF | IBTC | 0.50% | CME CF Bitcoin Reference Rate, Asia-Pacific Variant | The fund’s objective is to provide investors with an investment return that tracks the price of bitcoin in Australian dollars (before fees and costs). The Investment Manager will implement a strictly passive buy and hold investment strategy for bitcoin. The fund will not use derivatives, leverage, or short selling. |
| Monochrome Ethereum ETF | IETH | 0.50% | CME CF Ether-Dollar Reference Rate, Asia-Pacific Variant | The fund’s objective is to provide investors with an investment return that tracks the price of ethereum in Australian dollars (before fees and costs). The Investment Manager will implement a strictly passive buy and hold investment strategy for ethereum. The fund will not use derivatives, leverage, or short selling. |
AUSTRALIAN EQUITIES:
| Fund Name | Cboe Code | Mgmt Fee | Benchmark | Details |
|---|---|---|---|---|
| Australian Ethical High Conviction Fund | AEAE | 0.69% | ASX300 Total Return Index | The fund aims to provide long term capital growth and income from focusing on a relatively concentrated portfolio of Australian and NZ companies that meet our Ethical Criteria. An actively-managed, focused share portfolio leveraging our ethical investing philosophy & capability. |
| AB Managed Volatility Equities Fund (Managed Fund) - MVE Class | AMVE | 0.55% | S&P/ASX 300 Accumulation Index | The fund aims to achieve returns that exceed the S&P/ASX 300 Accumulation Index after fees over the medium to long-term. It is designed for equity investors seeking lower volatility than is typical for an equity fund, reduced downside risk in falling equity markets, and the potential for long-term capital growth and some income, including franked Australian dividend income. |
INTERNATIONAL EQUITIES:
| Fund Name | Cboe Code | Mgmt Fee | Benchmark | Details |
|---|---|---|---|---|
| ETFS US Quality ETF | BEST | 0.29% | Solactive United States Quality Cash Flow Index | The fund gives investors exposure to 100 large US companies that historically have superior free cash flow margin and free cash flow return on invested capital. |
| Global X Fintech & Blockchain ETF | FTEC | 0.69% | Indxx Developed Markets Fintech and DeFi Index | The fund seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions. |
| Lazard Global Listed Infrastructure Active ETF | GIFL | 0.98% | N/A | The fund is an actively managed benchmark unaware portfolio, generally ranging from 25 to 50 securities, that focuses on companies that have 'Preferred' characteristics, such as revenue certainty, profitability and longevity, derived from monopoly or monopoly-like underlying assets that are often regulated. |
| ETFS Magnificent 7+ ETF | HUGE | 0.29% | Solactive Magnificent 7+ Index | The fund gives investors exposure to the largest 10 US companies on the NASDAQ Stock Exchange. |
| India Avenue Equity Fund Active ETF | IAEF | 1.10% | MSCI India (Net) in AUD | The fund aims to provide investors with exposure to 60-80 companies listed on Indian stock exchanges with a bias towards mid and small cap companies relative to its benchmark. |
| iShares MSCI World ex Australia Quality (AUD Hedged) ETF | IHQL | 0.28% | MSCI World ex Australia Quality Sector Cap Select Hedged to AUD Net Index | The fund aims to provide investors with the performance of the benchmark, before fees and expenses. The index is designed to measure the AUD hedged performance of global, developed market large and mid-capitalisation companies with higher quality characteristics as identified through certain fundamental metrics. |
| iShares MSCI World ex Australia Momentum ETF | IMTM | 0.25% | MSCI World ex Australia Momentum Net Index | The fund aims to provide investors with the performance of the benchmark, before fees and expenses. The index is designed to measure the performance of global, developed market large and mid-capitalisation companies exhibiting relatively higher price momentum. |
| iShares MSCI World ex Australia Quality ETF | IQLT | 0.25% | MSCI World ex Australia Quality Sector Capped Select Net Index | The fund aims to provide investors with the performance of the benchmark, before fees and expenses. The index is designed to measure the performance of global, developed market large and mid-capitalisation companies with higher quality characteristics as identified through certain fundamental metrics |
| iShares MSCI World ex Australia Value (AUD Hedged) ETF | IVHG | 0.28% | MSCI World ex Australia Enhanced Value 100% Hedge Index | The fund aims to provide investors with the performance of the benchmark, before fees and expenses. The index is designed to measure the AUD hedged performance of global, developed market large and mid-capitalisation companies with higher value characteristics as identified through certain fundamental metrics. |
| iShares MSCI World ex Australia Value ETF | IVLU | 0.25% | MSCI World ex Australia Enhanced Value Net Index | The fund aims to provide investors with the performance of the benchmark, before fees and expenses. The index is designed to measure the performance of global, developed market large and mid-capitalisation companies with higher value characteristics as identified through certain fundamental metrics. |
| JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF | JREM | 0.35% | MSCI Emerging Market Index (Net Return) in AUD | The fund aims to achieve a long-term return in excess of the Benchmark by actively investing primarily in a portfolio of emerging market companies. |
| Magellan Core Infrastructure Fund Active ETF | MCSI | 0.50% | S&P Global Infrastructure Index A$ Hedged Net Total Return | The fund's primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term through investment in a diversified portfolio of high quality companies that meet the Investment Manager’s definition of infrastructure. |
| T8 Energy Vision Active ETF (Managed Fund) | T8EV | 1.25% | S&P Global Clean Energy Net Total Return Index & Wilderhill Clean Energy Net Total Return Index | The fund focuses on responsible investment with in-house ESG due diligence, stewardship (including direct company engagement) and reporting, targeting returns of greater than 20%pa over a 3-5-year investment horizon. |
| Talaria Global Equity Fund (Managed Fund) | TLRA | 1.16% | N/A | The fund takes a high conviction, value biased approach to construct a portfolio of high quality, large cap companies from around the globe. |
| Talaria Global Equity Fund - Currency Hedged (Managed Fund) | TLRH | 1.20% | N/A | The fund takes a high conviction, value biased approach to construct a portfolio of high quality, large cap companies from around the globe. |
| ETFS US Technology ETF | WWW | 0.29% | Solactive United States Technology Index | The fund gives investors exposure to the largest and most liquid US technnology companies. |
FIXED INCOME - DOMESTIC:
| Fund Name | Cboe Code | Mgmt Fee | Benchmark | Details |
|---|---|---|---|---|
| Elstree Hybrid Fund Active ETF | EHF1 | 0.62% | N/A | The fund invests in 15-40 hybrids and is aimed at investors who want a higher return than bank term deposits and less yield risk than investing in Australian shares. |
| Coolabah Active Composite Bond Fund (Hedge Fund) | FIXD | 0.30% | Bloomberg Ausbond Composite 0+ Yr Index plus Management Costs | The fund seeks to deliver superior risk-adjusted returns to the benchmark through harnessing Coolabah’s active credit alpha style that focusses on systematically exploiting mispricings to generate capital gains in addition to yield. |
|
Coolabah Short Term Income Fund (Managed Fund) |
FRNS | 0.69% | RBA cash rate (RBACOR) plus 1.5% plus Management Costs | The fund aims to actively exploit mispricings in cash and bond markets to generate daily liquidity returns that exceed the benchmark after all fees with an average A credit rating and near-zero interest rate duration risk. |
| Schroder Australian High Yielding Credit Fund - Active ETF | HIGH | 0.50% | RBA Cash Rate | The fund offers investors the opportunity to generate competitive monthly income, preserve capital, diversify their portfolios, and potentially achieve consistent returns with lower risk and volatility compared to equities. |
| Janus Henderson Australian Fixed Interest Active ETF | JFIX | 0.38% | Bloomberg AusBond Composite 0+ Yr Index& | The fund aims to be a good diversifier against the equity or growth exposure of an investor’s portfolio and applies a range of strategies that include duration and yield curve management, sector allocation and individual security selection. |
| PIMCO Australian Bond Active ETF | PAUS | 0.50% | Bloomberg AusBond Composite 0+ Yr Index | The fund seeks to provide all the benefits investors have come to expect from a core bond holding, including total returns with low expected volatility, which can help stabilise portfolio returns. |
| Janus Henderson Tactical Income Active ETF | TACT | 0.45% | Bloomberg AusBond Bank Bill Index & Bloomberg AusBond Composite 0+ Yr Index (equally weighted) | The fund seeks to achieve a total return after fees that exceeds the total return of the benchmark, by investing in a diversified portfolio of predominantly Australian income producing assets. |
FIXED INCOME - INTERNATIONAL:
| Fund Name | Cboe Code | Mgmt Fee | Benchmark | Details |
|---|---|---|---|---|
| JPMorgan Global Bond Active ETF | JPGB | 0.45% | Bloomberg Global Aggregate Index (Total Return Gross) Hedged to AUD | The fund invests primarily in investment-grade bonds globally with a disciplined risk management strategy, seeking to exhibit lower volatility versus single-sector fixed income or equity investing. |
| JPMorgan Income (Hedged) Active ETF | JPIE | 0.48% | Bloomberg US Aggregate Bond Index (Total Return Gross) Hedged to AUD | The fund is a high conviction fixed income strategy with a focus on generating consistent, distributable income in a risk-managed way. |
| Schroder Absolute Return Income Active ETF | PAYS | 0.55% | RBA Cash Rate | The fund invests across the broad fixed income universe, investing in predominantly Australian and international investment grade issuers, as well as currencies, to seek out returns and income opportunities while focusing on protecting capital and providing investors with liquidity. |
| PIMCO Global Credit Active ETF | PCRD | 0.61% | Bloomberg Global Aggregate ex Treasury Index hedged into AUD | The fund aims to provide investors with greater income potential relative to government bonds and cash, as well as more income and less volatility in returns when compared to equity. |
| PIMCO Diversified Fixed Interest Active ETF | PDFI | 0.50% | Bloomberg Global Aggregate Index hedged into AUD & Bloomberg AusBond Composite 0+ Yr Index (equally weighted) | The fund seeks to provide all the benefits investors have come to expect from a core bond holding, including consistent income, low volatility and diversification within a broader asset allocation. |
| PIMCO Global Bond Active ETF | PGBF | 0.49% | Bloomberg Global Aggregate Bond Index hedged into AUD | The fund provides diverse exposure to multiple economies, interest rates and yield curves, which may enhance return potential, reduce overall portfolio volatility and help mitigate the threat of rising interest rates. |
| Kapstream Absolute Return Income Active ETF | XKAP | 0.55% | RBA Cash Rate | The fund aims to deliver an alternative approach to fixed income. It provides access to global fixed income markets, in order to facilitate a steady income stream with capital stability across economic cycles. |
| Coolabah Global Floating-Rate High Yield Complex ETF | 1.00% | Bloomberg AusBond Credit FRN 0+ Yr Index (BAFRN0) | The fund aims to generate higher income than other traditional fixed income investments by investing in a floating-rate portfolio of investment-grade bonds and hybrid securities issued predominately by global banks and insurers and enhancing the yields (or interest-rate) through the use of gearing (or leverage). |
FIXED INCOME - SINGLE ASSET:
| Fund Name | Cboe Code | Mgmt Fee | Coupon | Details |
|---|---|---|---|---|
| IAM WBC 7.199% 15/11/2038 Fixed to Floating Bond ETF | ETB01F | 0.265% | 3-month BBSW + 2.05% | Access the predictable returns and capital preservation of a high-quality subordinated bond issued by Commonwealth Bank of Australia. |
| IAM CBA 6.46% 25/10/2033 Floating Bond ETF | ETB01L | 0.265% | 7.199% | Access the predictable returns and capital preservation of a high-quality subordinated bond issued by Westpac Banking Corp. |
Sources: