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VMM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.2988$
  • Previous Close
    1.1899$
  • 52 Week Change
    1.27$
  • Day Range
    0.11$
  • 52 Week High/Low
    0.175$ - 1.44$
  • Dividend Per Share
    --
  • Market cap
    118 M$
  • EPS
    -0.03
  • Beta
    -0.435
  • Volume
    --

About

VMM.AU represents the Vanguard Australian Government Bond ETF, an exchange-traded fund that invests in a diversified portfolio of Australian government bonds. This ETF provides investors with exposure to the Australian sovereign debt market, aiming to track the Bloomberg AusBond Government 0+ Yr Index. It typically invests in bonds issued by the Australian Federal Government and State Government entities, offering a relatively low-risk investment option with a focus on income generation and capital preservation. The ETF's performance is influenced by factors such as interest rate movements, inflation expectations, and government fiscal policy.
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Factors

VMM.AU Stock Price Influencers: Global Market Conditions: Broad economic trends and investor sentiment worldwide influence ASX-listed stocks, including VMM.AU. Negative global events can trigger sell-offs.

Commodity Prices: VMM.AU's performance is linked to the prices of underlying commodities it invests in. Rising commodity prices often boost the stock.

Exchange Rates: Currency fluctuations, especially for commodities priced in USD, impact returns when converted back to AUD, affecting VMM.AU's value.

Interest Rates: Higher interest rates can make bonds more attractive, potentially reducing demand for higher-risk investments like commodity-linked equities.

Company Performance: Internal factors such as management decisions, cost efficiency, and production levels of the underlying holdings within VMM.AU play a key role.

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