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BetaShares Australian Bank Sr Floating Return Bond ETF - Managed Fund

Fund Objective
The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive Australian Bank Senior Floating Rate Bond Index, before taking into account fees and expenses.
Fund Strategy
In seeking to achieve the investment objective, the Responsible Entity will employ a passive management approach designed to track the performance of the Index. The Fund will generally seek to invest in securities that comprise the Index in proportion to the weightings of the securities in the Index. This is known as a 'full replication' strategy. As far as practicable, the timing and nature of any changes to the composition of the Fund's investments will generally correspond with the timing and nature of changes to the Index.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.42% 1.55% 3.04% 5.85% 5.22% 3.05% 2.58% -%
Growth return -0.2% -0.03% 0.21% 0.69% 1% 0.01% 0.27% -%
Income return 0.62% 1.58% 2.83% 5.16% 4.22% 3.04% 2.31% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD )
Total return 0.78% -0.16% -0.48% 2.67% 0.74% -2.74% -0.69% 2.04%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BetaShares Australian Bank Sr Floating Return Bond ETF
Australian Equities
0.76%
Cash
1.90%
Fixed Interest
97.34%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.71%
Cash
8.26%
Fixed Interest
89.91%
International Equities
0.62%
Property
0.04%
Alternatives
0.46%

General Information

Fund Details
Type Description
BetaShares Australian Bank Sr Floating Return Bond ETF
BetaShares Capital Ltd
Diversified Credit
starstarstar (as at 30 Jun 2024)
Investment Fund
1 Jun 2017
$1428.15 million (as at 22 Jul 2024)
$26.01 (as at 30 Aug 2023)
$25.98 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 0.22% (as at 27 Dec 2023)
Indirect Cost Ratio (ICR) 0.22% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00

Top 10 holdings (as at 28 Jun 2024)

Holding (as at 28 Jun 2024) Type % of Portfolio
National Australia Bank Ltd. Bond - Corporate Bond 10.08%
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FAQs about the BetaShares Australian Bank Sr Floating Return Bond ETF

The objective of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive Australian Bank Senior Floating Rate Bond Index, before taking into account fees and expenses.

The strategy of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is In seeking to achieve the investment objective, the Responsible Entity will employ a passive management approach designed to track the performance of the Index. The Fund will generally seek to invest in securities that comprise the Index in proportion to the weightings of the securities in the Index. This is known as a 'full replication' strategy. As far as practicable, the timing and nature of any changes to the composition of the Fund's investments will generally correspond with the timing and nature of changes to the Index.

The APIR code of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is .

BetaShares Australian Bank Sr Floating Return Bond ETF’s total return last month was 0.42%. This was made up of a growth return of -0.2% and an income return of 0.62%. These returns were calculated as at 30 Jun 2024.

BetaShares Australian Bank Sr Floating Return Bond ETF’s total return for the last three months was 1.55%. This was made up of a growth return of -0.03% and an income return of 1.58%%. These returns were calculated as at 30 Jun 2024.

BetaShares Australian Bank Sr Floating Return Bond ETF’s one-year total return is 5.85%. This was made up of a growth return of 0.69% and an income return of 5.16%. These returns were calculated as at 30 Jun 2024.

BetaShares Australian Bank Sr Floating Return Bond ETF’s one-year total return is 3.05%. This was made up of a growth return of 0.01% and an income return of 3.04%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is :

Australian Equities
0.76%
Cash
1.90%
Fixed Interest
97.34%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is BetaShares Capital Ltd.

The BetaShares Australian Bank Sr Floating Return Bond ETF managed fund belongs to the Diversified Credit sector/asset class.

As at 22 Jul 2024, the size of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund was $1428.15 million.

The BetaShares Australian Bank Sr Floating Return Bond ETF managed fund has an inception date of 1 Jun 2017.

The current entry price of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is $26.01 per unit and the current exit price is $25.98 per unit (as at 30 Aug 2023).

The current exit price of the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is $25.98 per unit and the current entry price is $26.01 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the BetaShares Australian Bank Sr Floating Return Bond ETF managed fund is $500.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.