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The a2 Milk Company Limited (ASX: A2M) - ETF Exposure

Current share price for A2M : $6.710 0.06 (0.90%)+

The a2 Milk Company (A2M) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It is engaged in the sale of branded products in targeted markets made with milk naturally containing only A2-type protein and no A1 protein.

A2M General Information +

ASX Code A2M
Website N/A
Industry/Sector Packaged Foods & Meats
Market Cap ($M) 4,885
A2M Share Price $6.710
Day High $6.890
Day Low $6.620
Last Close $6.650
A2M Share Price Movement $0.06 ( 0.90% )
Prices as at 16:40, 28 Sep 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to A2M

As a significant Australian company by market capitalisation, A2M is held across 31 ETFs spanning strategies that include packaged foods & meats exposure . Its weighting in those funds means performance can have an outsized influence - when A2M moves, funds like SMLL, AQLT, M1DS, DIVI and MVE that hold it can move with it.

For more concentrated exposure, ETFs such as SMLL (BetaShares Australian Small Companies Select Fund (Managed Fund)) allocate about 3.9% to A2M , while the average exposure across all 31 ETFs that hold it is around 0.5% .

Top ETF holdings

Last updated: ETF data and holdings as at 28 September 2026

Own A2M directly or through an ETF?

How does holding The a2 Milk Company Limited (A2M) shares directly compare to ETFs that include it?

A2M Direct
SMLL
ASX 		AQLT
ASX 		M1DS
CBOE 		DIVI
ASX 		MVE
ASX
Holdings 1 company 59 holdings 46 holdings 54 holdings 49 holdings 53 holdings
A2M Weight 100% 3.9% 2.4% 2.4% 1.8% 1.5%
Diversification Single Stock Broad Broad Broad Broad Broad
Annual Cost Brokerage only 0.39% p.a. 0.35% p.a. - 0.85% p.a. 0.45% p.a.
Approx. Yield 6.9% 2.97% 4.17% - 5.83% 2.69%
Star Ratings - starstarstarstarstar starstarstarstar star starstar starstarstarstar

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not A2M's direct yield. Annual cost uses each ETF's MER.

A2M Exposure on $10,000 investment

How a $10,000 investment in The a2 Milk Company Limited (A2M) one week ago compares with ETFs that hold it.

Security Investment type Current price 7-day price movement Dollar change Value today
The a2 Milk Company Limited (A2M) Direct share $6.710 0.15% +$15 $10,015
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL) Equity - Australia Strategy $4.420 -2.64% -$264 $9,736
BetaShares Australian Quality ETF (AQLT) Equity - Australia Strategy $34.530 -0.26% -$26 $9,974
Paradice Australian Mid Cap Fund Active ETF (M1DS) Equity - Australia Strategy $6.100 -0.16% -$16 $9,984
Ausbil Active Dividend Income Fund - Active ETF (DIVI) Equity - Australia Strategy $11.330 -0.09% -$9 $9,991
VanEck S&P/ASX MidCap ETF (MVE) Equity - Australia Small/Mid Cap $43.170 -0.90% -$90 $9,910

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

The a2 Milk Company Limited (A2M) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 6.49¢ 100% 17 Sep 2026 2 Oct 2026 - - -
Result 29.36¢ 100% 8 Jul 2026 24 Jul 2026 - - -
Result 8.15¢ 100% 19 Mar 2026 2 Apr 2026 - - -

See all dividends from The a2 Milk Company Limited (A2M) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

The a2 Milk Company Limited (A2M) price-sensitive announcements

A2M - FY26 Results presentation
The a2 Milk Company Limited reported strong results for FY26, achieving double-digit reven
The a2 Milk Company Limited (A2M)
17 Aug 2026 | 7:30 AM
A2M - FY26 Results commentary and outlook
The a2 Milk Company Limited reported a 12.4% increase in revenue for FY26, reaching $1,974
The a2 Milk Company Limited (A2M)
17 Aug 2026 | 7:30 AM
A2M - FY26 Results media release
The a2 Milk Company Limited reported its FY26 financial results, indicating a successful y
The a2 Milk Company Limited (A2M)
17 Aug 2026 | 7:30 AM
A2M - Appendix 4E
The a2 Milk Company Limited reported its financial results for the year ending 30 June 202
The a2 Milk Company Limited (A2M)
17 Aug 2026 | 7:30 AM

The a2 Milk Company Limited (A2M) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 Updated Securities Trading Policy 25 Sep 2026 8:44AM $6.570 $6.710 risen by 2.13%
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 Update - Dividend/Distribution - A2M 24 Sep 2026 7:53AM $6.570 $6.710 risen by 2.13%
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 2026 Annual Meeting - Closing Date for Director Nominations 16 Sep 2026 7:45AM $6.920 $6.710 fallen by 3.03%
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 Change of Director's Interest Notice 4 Sep 2026 7:31AM $6.560 $6.710 risen by 2.29%
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 Share trades by Executive Leadership Team 31 Aug 2026 7:30AM $6.860 $6.710 fallen by 2.19%
The a2 Milk Company Limited (A2M)
ORDINARY FULLY PAID
 Consumer Staple $4,885 NZX - Disclosure of Relevant Interests 27 Aug 2026 8:53AM $7.110 $6.710 fallen by 5.63%

A2M Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2026F $216.06 $29.88 33.50% 19.51 0.00 0.00% 0.0%
2025F $161.86 $22.39 6.80% 26.04 0.00 0.00% 0.0%
2024A $152.34 $20.96 4.10% 24.32 0.00 0.00% 0.0%

A2M Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2024 A 2025 F 2026 F 2024 A 2025 F 2026 F 2024 A 2025 F 2026 F
The a2 Milk Company Limited (A2M) $4,783M -0.5230 0.9814 0.2967 53.1984 26.8492 20.7060 2.39% 2.60% 3.35%
Bega Cheese Limited (BGA) $1,861M -3.8555 0.1867 0.2091 26.5591 22.3815 18.5106 2.38% 2.79% 3.45%
Cobram Estate Olives Limited (CBO) $1,336M -0.7456 0.0000 0.0000 96.5398 0.0000 0.0000 0.00% 0.00% 0.00%
Inghams Group Limited (ING) $758M -0.5522 0.4327 0.1860 17.0426 11.8950 10.0295 4.95% 6.13% 7.11%
Ricegrowers Limited (SGLLV) $836M -0.0114 -0.2480 0.1948 11.7871 15.6753 13.1196 5.80% 5.80% 5.80%

A2M Directors

Name Position Start Date
Mr David Landt Bortolussi Chief Executive Officer, Managing Director 8 Feb 2021
Ms Philippa (Pip) Mary Greenwood Non-Executive Chairman, Non-Executive Director 1 Jul 2019
Ms Kathryn(Kate) Mitchell Non-Executive Director 1 Jun 2023
Ms Sandra Yu Non-Executive Director 1 Mar 2022
Mr Grant Andrew Dempsey Non-Executive Director 1 Sep 2025
Mr Antonio (Tonet) Rivera Non-Executive Director 1 Nov 2024
Mr Lain Jager Non-Executive Director 1 Dec 2024

The a2 Milk Company Limited (A2M) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
1 Sep 2026 MITCHELL, Kathryn(Kate) Buy Indirect Shares 9,000 $8.000 $72,000.000
27 Aug 2026 BORTOLUSSI, David Sell Indirect Shares 100,769 $8.320 $838,398.080
26 Aug 2026 BORTOLUSSI, David Sell Indirect Shares 11,918 $8.620 $102,733.160

See all changes in directors' interest & trades for The a2 Milk Company Limited (A2M) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

A2M Management

Name Position
Xiao Li Chief Executive Officer, Greater China
David Muscat Chief Financial Officer
Kate Tidbury Chief Legal Officer,Company Secretary
Helena He Chief Marketing Officer
Amanda Hart Chief People and Culture Officer
Chopin Zhang Chief Supply Chain Officer
Jaron McVicar Managing Director, ANZ and Sustainability
Yohan Senaratne Managing Director, International
Kevin Bush Managing Director, USA

A2M Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in The a2 Milk Company Limited (A2M). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
47,372,502 (6.53%) Paradice Investment Management Pty Ltd
45,934,205 (6.33%) The Vanguard Group,Inc
45,159,220 (6.22%) J.P. Morgan Chase & Co. and its affiliates
43,911,239 (6.05%) Ausbil Investment Management Limited
39,755,118 (5.48%) UBS Group AG and its related bodies corporate
36,893,667 (5.09%) FirstCape Group Limited

A2M Calendar of Events

Date Event
16 August 2027 Report (Annual)
16 August 2027 Report (Prelim)
15 February 2027 Report (Interim)
02 October 2026 Div Pay Date

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