iShares 20+ Year U.S. Treasury Bond (AUD Hedged) ETF

The iShares 20+ Year U.S. Treasury Bond (AUD Hedged) ETF, with the ticker ULTB, invests in U.S. government bonds that have a maturity of over 20 years. This ETF aims to provide Australian investors with exposure to long-term U.S. Treasury bonds while protecting against fluctuations in the Australian dollar. By hedging the currency risk, it ensures that returns are primarily influenced by the performance of the bonds themselves, rather than changes in exchange rates. With a management fee of 0.15%, this ETF offers a cost-effective way to diversify your portfolio with stable, long-term government bonds from the U.S., potentially providing steady income and lower risk compared to equities.