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BetaShares Commodities Basket ETF - Currency Hedged (Synthetic) (QCB)

Objective

Aims to track the performance of a diverisifed basket of commodities, with a currency hedge against movements in the AUD/USD exchange rate.

Please note during Australian Eastern daylight savings time, trading hours for this ETF will be 11.00-16.00

Commodities Basket ETF - Currency Hedged (Synthetic) - Overview

About

Provides exposure to the performance of a highly diversified basket of commodities, through a single trade on the ASX

  • Includes energy, agriculture, industrial metals, livestock and precious metals
  • No exposure to coal and iron ore (unlike BHP and RIO) - good way to diversify beyond these widely held commodities
  • Includes a currency hedge against movements in the AUD/USD exchange rate
  • Advantages

  • Access: performance of a basket of commodities as simply as buying a share
  • Convenience:avoid complications and costs of buying futures or physical commodities
  • Reduce currency risk: US$ hedged back to the A$ to reduce currency risk
  • Liquid: trade on ASX throughout the day
  • Robust Structure: 100% backed by cash held by third party custodian
  • Portfolio diversification: commodities historically have low correlation to other asset classes
  • How to Invest

    An ETF 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
  • Pricing Information - 25-May-2016

    Current Price NAV
    Last Trade* $9.49 NAV/Unit* $9.47
    % Change (prev day)   *As of close of previous trading day
    Bid* (delayed) $8.66    
    Offer* (delayed) $9.90    
         
    *Data is delayed by at least 20 minutes.

    Profile - 25-May-2016

    Net Assets* ($A) $8,114,705
    Units Outstanding* (#) 856,750
    Mgmt Fees** (% p.a.) 0.69%
    Distribution Frequency Annual
    Issuer BetaShares Capital
    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 QCB
    Bloomberg Code QCB AU
    IRESS Code QCB.AXW
    Currency AUD
    Trading Hours 10.00-16.00 (AEST)
    iNAV IRESS Code QCBINAV.ETF
    Authorised Participants 4
    Market Makers Citigroup Global Markets, Susquehanna Pacific
    Marginable Check with your broker
    Short Selling Check with your broker
    SMSF Eligible Yes

    Index Information

    Index S&P GSCI Light Energy Index Excess Return (Hedged into A$)
    Index Provider Standard & Poor's
    Index Ticker N/A
    Bloomberg Index Ticker SPGCLEP Index
    Index Methodology

     

    Sector Allocation

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    Agriculture
    34.4%
    Energy
    23.3%
    Industrial Metals
    16.7%
    Livestock
    17.0%
    Precious Metals
    8.8%
    * 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 6.58 % 8.79 % -5.06 % -19.14 % -14.62 % - -10.62 % 13-Dec-11
    Index 6.61 % 8.99 % -4.69 % -18.61 % -14.74 % -12.94 % -11.08 % -
    * 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 Annual
    Yield
    12 Mth Distribution Yield* (%) 1.5%
    *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)
    01-Jul-2015 03-Jul-2015 20-Jul-2015 $0.13408 0.8%
    01-Jul-2014 03-Jul-2014 16-Jul-2014 $0.18819 1.23%
    01-Jul-2013 05-Jul-2013 16-Jul-2013 $0.13009 3.69%
    02-Jul-2012 06-Jul-2012 18-Jul-2012 $0.28807
    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 Disclosure Statement
    Introduction to BetaShares Commodity ETFs
    BetaShares Commodity ETFs - Frequently Asked Questions
    The Structure of BetaShares Commodity ETFs
    A Guide to Trading BetaShares Commodity ETFs
    Supplementary Product Disclosure Statement - July 2014
    Supplementary Product Disclosure Statement - August 2013
    Index Methodology
    Number of Outstanding Units – March 2016
    OTC Derivatives Counterparty Exposure Information – April 2016
    Interim Financial Report - December 2015

    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.

    “WisdomTree” is a registered trademark of WisdomTree Investments, Inc. WisdomTree Investments, Inc. makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or BetaShares WisdomTree Europe ETF – Currency Hedged or BetaShares WisdomTree Japan ETF – Currency Hedged in particular. Neither WisdomTree Investments nor any of its affiliates are involved in the operation or distribution of these Funds and neither WisdomTree Investments nor its affiliates shall have any liability for operation or distribution of these Funds or the failure of these Funds to achieve their investment objectives.