Macquarie Asset Management launches 10th active ETF with new fixed income offering, as Macquarie Subordinated Debt ETF hits $A1 billion milestone

Sydney, 17 September 2026

Macquarie Asset Management (MAM) today announced the launch of a new fixed income ETF, taking its Australian active ETF range to 10 funds and further expanding investors’ access to active investment opportunities across both equity and fixed income markets.

Available today via the ASX, the Macquarie Core Australian Bond Active ETF (ASX: MQFI) provides cost-efficient access to an actively managed portfolio of predominantly Australian bonds (AUD), designed to provide regular income, offer diversification for broader portfolio defence, and the potential for consistent alpha.

It features a competitive management fee of 0.09% p.a., alongside a performance fee that applies only when the fund outperforms its benchmark*, aligning investor outcomes with fund performance and building on the approach successfully adopted across Macquarie’s Core Equity Active ETF range.

The launch comes as the Macquarie Subordinated Debt Active ETF (ASX: MQSD) surpassed $A1 billion in funds under management, reaching the milestone in around 19 months since its launch in February 2025.

Brett Lewthwaite, CIO of Global Fixed Income, Macquarie Asset Management said:

“MQFI gives investors access to an actively managed portfolio of Australian bonds in a single ASX trade, combining diversification, regular income and the potential for consistent excess returns above the benchmark.”

“Investors have often faced a trade-off between the low fees of passive fixed income and the potential for outperformance of active management. MQFI removes that trade-off, with a fee structure that seeks to align the outcomes of the fund with the success of the investor. It’s a natural extension of our Core Equity Active ETF range and reflects the strong investor appetite we’re seeing for genuinely active ETF investment solutions,” Lewthwaite added.

Blair Hannon, Head of ETFs at Macquarie Asset Management said:

“MQFI is an important milestone for our ETF platform, expanding our active ETF range to 10 funds across equities and fixed income in just three years. We’re focused on bringing innovative active ETFs to market that meet investors’ evolving needs. By continuing to listen to investors and understanding how their preferences are changing, we can ensure our ETF offering remains well positioned for the future. As the Australian ETF market continues to grow, Macquarie’s ETF suite is designed to help a broad range of investors achieve their investment objectives. MQFI further strengthens our ETF offering, providing investors with another building block to help construct diversified portfolios.”

“The rapid growth of MQSD to more than $A1 billion in funds under management reflects investor confidence in both our fixed income capabilities and our approach to delivering innovative investment solutions to a wider range of investors,” Hannon added.
 

About Macquarie’s active fixed income ETFs:

• The Macquarie Core Australian Bond Active ETF (ASX: MQFI) provides a core fixed income allocation for investors, with a compelling and investor-aligned fee structure. Bonds remain a vital component in portfolios, helping investors generate consistent and reliable income, while also providing resilience during market volatility.
• The Macquarie Global Yield Maximiser Active ETF (ASX:MQYM)  provides exposure to high yielding credit opportunities, seeking to boost portfolio yield and deliver high levels of monthly income, using a multi-sector fixed income approach. Designed to be highly flexible with an actively managed and agile strategy, the ETF provides the ability to access a diverse and global investment universe across varying market conditions.
• The Macquarie Subordinated Debt Active ETF (ASX:MQSD) offers a diversified portfolio of subordinated bonds, with significant exposure expected to be to those issued by Australian major banks and other financial institutions. With the current phasing out of bank hybrids in the Australian market, subordinated debt ETFs can provide an alternative solution to exchange traded hybrids.
• The Macquarie Dynamic Bond Active ETF (ASX:MQDB) seeks to capitalise on the best opportunities available across the global fixed income spectrum, with the flexibility to dynamically adapt to changing market conditions.
• The Macquarie Income Opportunities Active ETF (ASX:MQIO) aims to deliver attractive long-term returns and monthly income while preserving capital and managing liquidity risk using an active and flexible investment approach that seeks to capitalise on opportunities in local and global fixed income markets.

To learn more about Macquarie Asset Management’s global ETF platform, visit etf.macquarie.com
 

About Macquarie Asset Management:

Macquarie Asset Management (MAM) is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage $A722 billion in assets. MAM provides clients with a diverse range of investment solutions that seek to deliver superior risk-adjusted returns.  

Macquarie Asset Management is part of Macquarie Group, a diversified global financial services group operating in asset management, retail and business banking, wealth management, as well as advisory, and risk and capital solutions across debt, equity, financial markets and commodities. Founded in 1969, Macquarie Group employs over 19,100 people in 30 markets and is listed on the Australian Securities Exchange. 

All figures as at 31 March 2026.

* The performance fee is 20% of the cumulative outperformance of the Fund (after the management fee and expenses) above the return of the index, subject to a high watermark.  Other costs apply, which may vary from year to year. Refer to the Product Disclosure Statement for any indirect costs, expense recoveries or underlying performance fees (if any).