Buying and selling units in BetaShares ETFs is simple – as simple as buying or selling any share on the Australian Securities Exchange. The Funds trade and settle just like ordinary shares throughout the ASX trading day.

Investors can buy or sell Fund units like they buy or sell shares – by contacting their stockbroker or financial adviser, or by trading through an online broker. As with any listed share, customary brokerage commissions may apply.

Exchange Traded Funds can be traded using all the techniques applicable to shares, including market orders, limit orders, stop orders, short sales and margin buying. (There are special risks associated with short selling and margin investing – ask your financial advisor for more information about these risks. Investors also need to check the short-selling and margin loan eligibility of each BetaShares Fund)

Investors outside Australia can buy and sell BetaShares Funds as long as they have access to the Australian Securities Exchange.

The majority of exchange traded fund trading takes place this way – through buyers and sellers interacting directly through an exchange.

BetaShares publishes an “iNAV” in real-time for most of its Funds. iNAV stands for Indicative Net Asset Value.

The iNAV is calculated by a third-party vendor (Markit) and is based on the market prices of the individual holdings included in the Fund's portfolio. Most managed funds calculate NAV once per day, or less. By contrast, BetaShares iNAVs are normally published every 60 seconds during the trading day, allowing investors to receive an up-to-the-minute indication of what a Fund is worth. By comparing the iNAV with bid-ask spreads, investors can see whether a Fund is being priced fairly in the market.

Where available, the iNAV for the BetaShares Funds are available on the relevant Fund product page on this website. iNAVs can also be accessed via IRESS For IRESS iNAV codes, please refer to the Fund product pages or the Fund fact sheets.

Any iNAV should not be relied upon as being the price at which units may be bought or sold on the ASX, and may not reflect the true value of a unit. No assurance can be given that any iNAV will be published continuously, will be up-to-date and free from error.

If you are an existing investor in a BetaShares Fund and would like information about your holding, please visit Unitholder Records. You can check how many units you own, update your contact information and other details, and register for any distribution reinvestment plans (if available).

Investors do not purchase and redeem Fund units directly with the investment manager in the same way as they do with traditional managed funds. Exchange traded funds are designed to minimise portfolio turnover and related transaction costs, and they do this by restricting the direct creation and redemption of units to large investors, typically banks or brokers known as “Authorised Participants”, and market makers. These institutions can create and redeem Fund units in line with the daily demand for units, helping the Funds to trade with maximum liquidity.