SPDR S&P/ASX Australian Government Bond ETF

The SPDR S&P/ASX Australian Government Bond ETF, with the ticker GOVT, is designed to give investors exposure to Australian government bonds. This ETF invests in a range of bonds issued by the Australian government, aiming to provide a stable income stream with lower risk compared to stocks. Managed by StateStreet, the ETF follows a straightforward investment strategy by holding a diversified portfolio of government bonds, which helps to spread risk and maintain steady returns. With a low management fee of 0.10%, this ETF is a cost-effective way for investors to include government bonds in their portfolios, offering a reliable option for those seeking income and stability.