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BetaShares Australian Dividend Harvester Fund (managed fund) (HVST)

Objective

The Fund aims to provide investors with exposure to large capitalisation Australian shares along with regular franked dividend income, paid monthly, that is at least double the annual income yield of the broad Australian sharemarket. In addition, the Fund aims to reduce the volatility of equity investment returns and cushion downside risk.

Australian Dividend Harvester Fund - Overview

About

  • Specifically designed to meet the investment challenges of SMSFs and retiree investors
  • Provides exposure to large-cap Australian shares, along with potential for franked income that is at least double the yield of the Australian broad sharemarket on an annual basis
  • Risk management strategy seeks to cushion downside risk
  • Opportunity for tax-effective income paid monthly
  • Advantages

  • Strong, tax effective monthly income stream on large-cap shares – aims to be at least double the income yield of the broad Australian sharemarket on an annual basis
  • Equity returns with reduced downside risk potential
  • A smoother ride – potential for reduced volatility and a smoother investor experience despite changing market conditions
  • Convenience - provides investors with a simple way to obtain exposure to a dividend harvester strategy
  • Cost effective; no performance fee
  • How to Invest

    BetaShares Australian Dividend Harvester Fund is a managed fund whose units can be bought and sold on the ASX

  • You can buy or sell units just like you'd buy or sell any share on the ASX
  • No minimum investment
  • Trade throughout the ASX trading day
  • Distribution Reinvestment Plan (DRP) available
  • Pricing Information - 27-May-2016

    Current Price NAV
    Last Trade* $21.48 NAV/Unit* $21.38
    % Change (prev day) 0.37% *As of close of previous trading day
    Bid* (delayed) $21.45
    Offer* (delayed) $21.55
    iNAV (live)
    *Data is delayed by at least 20 minutes.
    What is an iNAV

    iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the NAV of the ETF during the trading day

    Profile - 27-May-2016

    Net Assets* ($A) $188,797,039
    Units Outstanding* (#) 8,830,842
    Mgmt Fees** (% p.a.) 0.65%
    Distribution Frequency Monthly
    Issuer BetaShares Capital Ltd
    Fund Administrator RBC Investor Services
    Custodian RBC Investor Services
    Registry Link Market Services
    Auditor KPMG
    * As of close of previous trading day
    **Certain additional costs apply. Please refer to PDS.

    Trading Information

    Exchange ASX
    ASX Code HVST
    Bloomberg Code HVST AU
    IRESS Code HVST.AXW
    Currency AUD
    Trading Hours 10.00-16.00 (AEST)
    iNAV IRESS Code HVSTINAV.ETF
    Authorised Participants 2
    Market Makers Susquehanna Pacific, Deutsche Securities
    Marginable Check with your broker
    Short Selling Check with your broker
    SMSF Eligible Yes

    Index Information

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

    Top Underlying Exposures - 27-May-2016

    Name %
    1 Westpac Banking Corporation 13.8 %
    2 National Australia Bank Ltd 12.6 %
    3 ANZ Banking Group 12.4 %
    4 Macquarie Group Ltd 9.7 %
    5 Commonwealth Bank Of Australia 5.7 %
    6 Telstra Corp Ltd 3.1 %
    7 BHP Billiton Limited 3.1 %
    8 CSL Ltd 2.3 %
    9 Wesfarmers Ltd 2.2 %
    10 Woolworths Ltd 1.3 %
    As of close of trading 30/04/16

    The information above is expressed as a percentage of the share holdings of the Fund.

    Sector Allocation

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    Financials
    65.9%
    Materials
    8.3%
    Industrials
    5.4%
    Consumer Staples
    4.6%
    Healthcare
    4.4%
    Telecommunications Services
    3.5%
    Consumer Discretionary
    3.2%
    Energy
    2.6%
    Utilities
    1.5%
    Information Technology
    0.7%
    * As of 31 March 2016

    Fund Returns After Fees (%)

    1 month 3 month 6 month 1 year 3 year p.a 5 year p.a Since Inception (p.a.) Inception Date
    Fund 0.82 % 2.35 % 3.41 % -3.31 % - - -0.93 % 29-Oct-14
    * As at 30 April 2016
    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.

    Yield Information

    Distribution Frequency Monthly
    Yield
    12 Mth Distribution Yield* (%) 12.5%
    12 Mth Gross Distribution Yield* (%) 16.1%
    *As at 31 March 2016. Yield figures calculated by summing the prior
    12 month net and gross fund per unit distributions divided by the
    fund closing NAV per unit

    Recent Distributions

    Ex Date Record Date Payment Date Distribution
    Unit ($)
    Annual Distribution Return (%) (1)
    02-May-2016 03-May-2016 17-May-2016 $0.20427 10.59%
    01-Apr-2016 04-Apr-2016 15-Apr-2016 $0.20477 10.1%
    01-Mar-2016 03-Mar-2016 16-Mar-2016 $0.20171 9.7%
    01-Feb-2016 03-Feb-2016 16-Feb-2016 $0.21224 10.06%
    04-Jan-2016 06-Jan-2016 19-Jan-2016 $0.21208 10.17%
    01-Dec-2015 03-Dec-2015 16-Dec-2015 $0.21594 10.37%
    02-Nov-2015 05-Nov-2015 18-Nov-2015 $0.21587 9.89%
    01-Oct-2015 06-Oct-2015 19-Oct-2015 $0.21544
    01-Sep-2015 03-Sep-2015 16-Sep-2015 $0.21102
    04-Aug-2015 06-Aug-2015 19-Aug-2015 $0.21327
    01-Jul-2015 03-Jul-2015 20-Jul-2015 $0.21621
    01-Jun-2015 03-Jun-2015 17-Jun-2015 $0.21711
    01-May-2015 05-May-2015 18-May-2015 $0.22118
    01-Apr-2015 07-Apr-2015 20-Apr-2015 $0.22173
    02-Mar-2015 04-Mar-2015 17-Mar-2015 $0.22429
    02-Feb-2015 04-Feb-2015 17-Feb-2015 $0.22935
    02-Jan-2015 06-Jan-2015 19-Jan-2015 $0.22724
    01-Dec-2014 03-Dec-2014 19-Dec-2014 $0.235
    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.
    Factsheet
    Product Brochure
    Product Disclosure Statement
    Whitepaper: Strategies for Managing Risk in Retirement
    Introduction to the BetaShares Managed Risk Series
    Annual Report - June 2015
    Half Year Reports - December 2014
    Non-Resident Withholding tax information - April 2016 Distribution
    Final Distribution Announcement – April 2016
    Number of Outstanding Units – March 2016
    Interim Financial Report - December 2015
    link icon Portfolio Holdings

    iNAV is an indicative estimate only, may not reflect the true value of a unit and may be materially out of date at the time viewed. It should not be relied on in making any investment decision. See Terms and Conditions for more information.

    An investment in units of any BetaShares Fund is subject to risk, which may include possible delays in repayment and loss of income and capital invested. The value of units may go down as well as up. Past performance is not an indication of future performance. Before making an investment decision you should consider the relevant PDS (available on this website) with a financial advisor to determine if it is appropriate for your circumstances. Commodity ETFs: The index which each BetaShares commodity ETF aims to track is based on the price of futures contracts.  Investing in commodity futures is not the same as investing in the “spot price” of a given commodity. The ETFs do not aim to, and should not be expected to, provide the same return as the performance of the spot price of the relevant commodities. The performance of ETFs that are linked to commodity futures may be materially different to the spot price for the commodity itself. Also, differences in trading hours of the underlying futures markets and their corresponding BetaShares ETFs may at certain times cause the difference between bid prices and offer prices on the ASX to widen significantly. Investors should carefully consider this potential impact before trading. Please refer to the "Risks" section of the PDS for more information about these and other risk factors.

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