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OVERVIEW

About

A simple to use, cost-effective tool that allows investors to implement an equity income investment strategy over a portfolio of 20 blue-chip Australian shares.

  • Allows investors potential to earn higher income from shares
  • Core exposure to a diversified portfolio of the largest Australian companies
  • Potential for reduced volatility and smoother equity returns

Advantages

  • Attractive income – earn quarterly income (including franking credits), expected to exceed dividend yield of underlying share portfolio over the medium term
  • Downside protection – potential downside risk management against a falling market
  • Reduced volatility – expected to reduce volatility of equity returns
  • Blue Chip Exposure – with a single trade, exposure to portfolio of blue-chip Australian equities
  • Cost effective – cost effective way to implement an equity income strategy
  • Liquidity – available to trade on ASX like any share

How to Invest

  • You can buy or sell units just like you’d buy or sell any share on the ASX
  • Fund requires no minimum investment

KEY FACTS

Pricing Information 28 May 2017

Current Price
Last Trade* $9.11
% Change (prev day) -0.55%
Bid (delayed) $9.09
Offer (delayed) $9.28
iNAV (live)**
iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the net asset value of the Fund during the trading day
$9.099
*Data is delayed by at least 20 minutes.
** As at 26 May 2017 06:00 PM
Download NAV history
NAV
NAV/Unit * $9.17
* As at 25 May 2017

Profile

Net Assets* ($A) $380,838,108
Units Outstanding* (#) 41,538,796
Mgmt Costs** (% p.a.) 0.79%
Distribution Frequency Quarterly
Distribution Reinvestment Plan (DRP) Full participation available
Issuer BetaShares Capital Ltd
Fund Administrator FundBPO
Custodian RBC Investor Services
Registry Link Market Services
Auditor KPMG
* As at 25 May 2017
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code YMAX
Bloomberg Code YMAX AU
IRESS Code YMAX.AXW
Trading Hours 10.00-16.00 (AEST)
iNAV IRESS Code YMAXINAV.ETF
Market Makers Susquehanna Pacific, Citigroup Global Markets
SMSF Eligible Yes

Index Information

Index N/A
Index Provider N/A
Index Ticker N/A
Bloomberg Index Ticker N/A

Top Exposures

Name %
Commonwealth Bank of Australia 15.6 %
Westpac Banking Corporation 12.2 %
Australia & New Zealand Banking Group Limited 9.6 %
National Australia Bank Limited 9.3 %
BHP Billiton Limited 7.8 %
CSL Limited 6.5 %
Telstra Corporation Limited 5.6 %
Wesfarmers Limited 5.3 %
Woolworths Limited 3.6 %
Macquarie Group Limited 3.5 %
As of close of trading 5/05/2017
The information above is expressed as a percentage of the share holdings of the Fund.

Sector Allocation

Financials
58.0%
Materials
10.7%
Consumer Staples
8.8%
Healthcare
6.3%
Telecommunication Services
5.3%
Industrials
4.3%
Real Estate
4.2%
Energy
2.4%
* As of 30 April 2017

PERFORMANCE

Fund Returns After Fees (%)

  Fund S&P/ASX 20
1 month 1.01% 0.85%
3 months 5.69% 6.53%
6 months 11.81% 15.42%
1 year 14.80% 18.53%
3 year p.a 2.58% 4.73%
5 year p.a - -
Since inception (p.a) 7.24% 10.57%
Inception date 22-Nov-12 -
* As at 30 April 2017

Chart

Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

DISTRIBUTIONS

Yield Information

Distribution Frequency Quarterly
12 Mth Distribution Yield* (%) 9.2%
12 Mth Gross Distribution Yield* (%) 11.0%
Franking Level 46.2%
*As at 30 April 2017. Yield figures are calculated by summing the prior 12 month net and gross fund per unit distributions divided by the fund closing NAV per unit. Franking level is total franking level over the last 12 months. Past performance is not an indicator of future performance.

Recent Distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
3-Apr-17 4-Apr-17 20-Apr-17 $0.15014 10.15%
3-Jan-17 4-Jan-17 18-Jan-17 $0.20107 10.04%
4-Oct-16 5-Oct-16 19-Oct-16 $0.27857 10.37%
1-Jul-16 4-Jul-16 18-Jul-16 $0.18409 9.23%
1-Apr-16 4-Apr-16 15-Apr-16 $0.21109 7.97%
4-Jan-16 6-Jan-16 19-Jan-16 $0.26391 8.36%
1-Oct-15 6-Oct-15 19-Oct-15 $0.29401 8.33%
1-Jul-15 3-Jul-15 20-Jul-15 $0.16081 8.32%
1-Apr-15 3-Apr-15 20-Apr-15 $0.20042 8.68%
2-Jan-15 6-Jan-15 19-Jan-15 $0.31069 8.39%
1-Oct-14 3-Oct-14 17-Oct-14 $0.27045 8.77%
1-Jul-14 3-Jul-14 16-Jul-14 $0.15978 10.53%
1-Apr-14 3-Apr-14 16-Apr-14 $0.20187 10.10%
2-Jan-14 6-Jan-14 17-Jan-14 $0.35889 9.40%
1-Oct-13 3-Oct-13 17-Oct-13 $0.36908 -
1-Jul-13 3-Jul-13 16-Jul-13 $0.14007 -
2-Apr-13 4-Apr-13 17-Apr-13 $0.08752 -
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(1) This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. It is calculated as the difference between total Fund return and NAV return. NAV return is the change in the Fund's NAV price. Total return is the NAV return plus reinvestment of all distributions back to the Fund. Past performance not indicative of future performance.

ANNOUNCEMENTS

ASX Announcements: YMAX

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RESOURCES

Factsheet - YMAX
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Product Disclosure Statement - YMAX
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Introduction to BetaShares Yield Maximiser Funds
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Portfolio Holdings
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Annual Report - June 2016
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Supplementary Product Disclosure Statement - November 2016
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PDS Updates - YMAX
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NRWT and Fund Payment Notice information – March 2017 distribution
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NRWT and Fund Payment Notice information – December 2016 distribution
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Non-Resident Withholding tax information - September 2016
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31 December 2016 Interim Financial Report - YMAX
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Half Year Accounts - December 2014
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LEARN MORE ABOUT YMAX

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