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BetaShares S&P/ASX 200 Financials Sector ETF (QFN)

Objective

Aims to track the price and income performance of the S&P/ASX 200 Financials-x-A-REIT Index, before fees and expenses.

S&P/ASX 200 Financials Sector ETF - Overview

About

Provides simple and transparent exposure to the Australian Financials sector

  • With a single trade, investors can get exposure to the entire universe of stocks in the index
  • Holds the largest financial stocks on the ASX, including the "Big 4" banks
  • Financials sector has typically exhibited high income yields relative to other sectors
  • Receive all dividends and franking credits from underlying stocks
  • Advantages

  • Access: exposure to performance of whole sector in a single trade
  • Simple: buy and sell just like shares
  • Low cost: ETFs track the performance of an index (no 'active manager' fees)
  • Liquid: trade on ASX throughout the day
  • Robust Structure: Investment portfolio made up of actual shares which are part of the financials sector
  • Flexible: can be used to implement a range of investment strategies
  • 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
  • Distribution Reinvestment Plan (DRP) available
  • Pricing Information - 23-Oct-2014

    Current Price NAV
    Last Trade* $11.25 NAV/Unit* $11.35
    % Change (prev day)   *As of close of previous trading day
    Bid* (delayed) $11.00    
    Offer* (delayed) $11.50    
    iNAV (live) $11.354    
    *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 - 23-Oct-2014

    Net Assets* ($A) $25,417,575
    Units Outstanding* (#) 2,238,633
    Mgmt Fee** (% p.a.) 0.39%
    Distribution Frequency Semi Annual
    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 QFN
    Bloomberg Code QFN AU
    IRESS Code QFN.AXW
    Currency AUD
    Trading Hours 10.00-16.00 (AEST)
    iNAV IRESS Code QFNINAV.ETF
    Authorised Participants 7
    Market Makers Susquehanna Pacific
    Marginable Check with your broker
    Short Selling Check with your broker
    SMSF Eligible Yes

    Index Information

    Index S&P/ASX 200 Financials-x-A-REIT
    Index Provider Standard & Poor's
    Index Ticker XXJ
    Bloomberg Index Ticker AS51FNXP Index
    Index Methodology

    Top 10 Portfolio Exposures - 23-Oct-2014

    Name %
    1 Commonwealth Bank of Australia 23.9 %
    2 Westpac Banking Corporation 19.9 %
    3 Australia & New Zealand Banking Group Ltd 17.2 %
    4 National Australia Bank Ltd 15.2 %
    5 Macquarie Group Ltd 3.6 %
    6 Suncorp Group Limited 3.5 %
    7 AMP Ltd 3.0 %
    8 QBE Insurance Group 2.8 %
    9 Ins Australia Group Ltd 2.7 %
    10 Lend Lease Group 1.5 %
    * As of close of previous trading day

    The information above is based on the index tracked by the BetaShares ETF for the date indicated and the basket of stocks that Authorised Participants (APs) may deliver to BetaShares in order to subscribe for the minimum subscription amount of the ETF on that date.

    Sector Allocation

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    Banks
    79.1%
    Insurance
    11.7%
    Investment Banking & Brokerage
    5.5%
    Other Diversified Financial Services
    3.8%
    * As of 30 June 2014

    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 -6.42 % -2.55 % -1.46 % 7.16 % 22.62 % - 13.93 % 10-Dec-10
    S&P 500 Index (TR) -6.53 % -2.54 % -1.35 % 7.64 % 23.42 % 9.92 % 14.50 % -
    * As at 30 September 2014
    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

    Frequency Semi-Annual
    Annual Distribution Return (%) (1) 6.54%*
    * As at 14 November 2013
    1 This is the annual distribution return to the end of the most recent 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.

    Recent Distributions

    Ex Date Record Date Payment Date Distribution
    Unit ($)
    Annual Distribution Return (%) (1)
    01-Jul-2014 03-Jul-2014 16-Jul-2014 $0.08822 5.61%
    14-Nov-2013 20-Nov-2013 16-Jan-2014 $0.43152 6.54%
    01-Jul-2013 05-Jul-2013 16-Jul-2013 $0.08044 6.92%
    10-Dec-2012 14-Dec-2012 17-Jan-2013 $0.38098 6.74%
    02-Jul-2012 06-Jul-2012 18-Jul-2012 $0.08315 6.86%
    03-Jan-2012 09-Dec-2011 24-Jan-2012 $0.42558 6.28%
    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
    Product Brochure
    Annual Report
    Distribution Announcement - June 2013
    Distribution Announcement - December 2012
    Fund Payment Notice - January 2013
    Fund Payment Notice - June 2013
    Half Year Report - December 2013
    Supplementary Product Disclosure Statement - July 2014
    Supplementary Product Disclosure Statement - August 2013
    Index Methodology

    BetaShares Custody Basket

    Custody Basket is the basket of ASX-listed shares and/or cash that each BetaShares ETF invests in

    ETF Name BETASHARES FINANCIALS ETF
    ETF ASX Code QFN
    Date 22-Oct-2014
    Security/Code Security Name Weighting
    CBA COMMONWEALTH BANK OF AUSTRALIA 23.70%
    WBC WESTPAC BANK 19.61%
    ANZ ANZ BANK 16.98%
    NAB NATIONAL AUSTRALIA BANK LIMITED 15.27%
    MQG MACQUARIE GROUP LIMITED 3.73%
    SUN SUNCORP GROUP LIMITED 3.64%
    AMP AMP LIMITED 3.13%
    QBE QBE INSURANCE GROUP LIMITED 2.90%
    IAG INSURANCE AUSTRALIA GROUP LIMITED 2.84%
    ASX ASX LIMITED 1.44%
    BEN BENDIGO AND ADELAIDE BANK LIMITED 1.21%
    BOQ BANK OF QUEENSLAND LIMITED 0.98%
    CGF CHALLENGER LIMITED 0.77%
    IFL IOOF HOLDINGS LIMITED 0.75%
    PTM PLATINUM ASSET MANAGEMENT LIMITED 0.51%
    PPT PERPETUAL LIMITED 0.50%
    CASH CASH 2.04%
    % of NAV represented by Custody Basket 99.74%

    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.