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Corporate bonds added to Hub24, Praemium platforms

Australian Corporate Bond Company (ACBC) has had its exchange-traded bonds (XTBs) added to retail platforms Hub24 and Praemium Super SMA.

Joining the platforms means that ACBC's corporate bonds are now available on a total 19 platforms and have been approved for distribution by more than 90 dealer groups.

According to ACBC, the XTBs – which were launched in May this year – offer retail investors access to the corporate bond market via the ASX.

Chief executive and co-founder of ACBC, Richard Murphy, said the inclusion of XTBs on a number of Australia's investment and super platforms demonstrated the retail sector's "clear appetite" for quality, transparent, easy-to-access fixed-income solutions for both individuals and superannuation.

"XTBs have been designed to bring together the predictable income and capital stability of corporate bonds with the transparency and liquidity of the ASX market," he said.

"We're working closely with advisers and brokers to help further educate retail investors about the role of corporate bonds within a diversified and well balanced portfolio."

Commenting on the addition of the products, Hub24 managing director Andrew Alcock said he was pleased to bring XTBs onto the platform.

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"Hub24 is committed to providing independently-minded advisers with full choice and flexibility to meet their clients' needs," Mr Alcock said.

"XTBs provide an innovative way for investors to gain exposure to the previously hard-to-access Australian corporate bond market and we're excited to bring this new investment solution to our super and investment platform."

Praemium commercial director Andrew Varlamos said Praemium had an "open architecture" approach to offering new investment alternatives, and has been consistently supportive in addressing adviser demand for the range of exchange-traded products such as XTBs.