Distributions and DRP

This is the date (being one business day prior to the Record date) that the fund trades without an entitlement to the relevant distribution. In other words, an investor must own units in the fund before this date in order to be entitled to the distribution. As is the case with shares, you can expect the fund’s unit price to drop by roughly the amount of the distribution on the ex-date, all else being equal.

This is the date determined by Betashares on which the registrar records who is eligible to receive the distribution. As mentioned, an investor must own units in the fund before the ex-date to be entitled to receive the distribution.

This is the day on which the distribution is paid to eligible investors.

After investing in a Betashares funds, you will receive the following information:

• Welcome letter – general information about your investment
• Confirmation statement – issued for every subsequent transaction
• Distribution statement – issued for every distribution you receive
• Annual statement – details the investment balance, transactions made and fees charged since your last statement
• Exit statement – issued following a full withdrawal of your investment and
• Tax statement – issued following the end of each tax year.

ETFs invest in securities and other assets, and seek to provide distributions based on those underlying securities or assets. Depending on the ETF, distributions may be paid on a monthly, quarterly, half-yearly or annual basis. Depending on the ETF’s investment strategy, the distribution could be made up of dividends, interest, and/or capital gains that are realised by the ETF on the sale of underlying assets.

As with shares, unitholders on the register of a Fund as at the record date for the distribution will be entitled to a share of the distributable income of the ETF for the relevant distribution period, based on the number of units held in the ETF.

You can find distribution information and current yield/franking levels on the individual product page of the Fund you are interested in.

Click to see an example.

To the extent that the underlying holdings of the Fund receive franking credits, these credits will normally be passed on to the Fund’s investors.

You can find distribution information and current yield/franking levels on the individual product page of the Fund you are interested in.

Distribution Reinvestment Plans (DRPs) allow unitholders in a fund to take part or all of their income distributions in the form of additional units rather than cash.

Many Betashares funds allow investors to undertake partial or full DRPs. To check which degree of DRP participation is available for a particular fund, please see the relevant Product Disclosure Statement (PDS).

You can claim payment for the residual credit balance associated with the DRP via our unit registrar, either upon the sale of your units or when opting out of the DRP. You can do this by contacting Link Market Services on 1300 202 738 and providing them with your Holder Identification Number (HIN).

If you do not request this amount, the residual is held in the fund. If you were to sell units and repurchase them via the same HIN, the residual is carried over into the ‘new’ holdings.

Upon investing, you will receive a Welcome Letter which includes instructions on how to access your holdings and update your details online via the Link Investor Centre.

The web address for the Link Investor Centre is www.linkmarketservices.com.au. If you need help, please contact Link Market Services on 1300 202 738, they will guide you through the online portal.

DRP is currently available only to unitholders who have a registered address in Australia or New Zealand.

Eligible Unitholders can elect to participate in the DRP by completing an online form available on our unit registrar’s website (Link Market Services) or by contacting the registrar (further information will be provided in the information pack sent to you when you become a unitholder).

Participation in the DRP is subject to the terms and conditions of the DRP policy document, which is available from the registrar, or by contacting Betashares on 1300 487 577 (within Australia).

Multi-factor authentication is an added layer of security which helps to protect your financial account and personal details from cyber criminals. You can set up MFA with Link by following Link’s user guide: https://mfa.linkgroup.com/user-guide/

If you need further assistance, please contact Link Market Services on 1300 202 738.

After the end of a financial year you will receive an individualised tax statement regarding your investment, setting out the components of any income received during that financial year.

If you do not receive a tax statement you were expecting, please contact our unit registrar, Link Market Services. You can contact them by phone at 1300 202 738 or online at Link Market Services – Investor Centre

Link Market Services is the unit registrar for all Betashares Funds and is able to help you with a number of administrative enquiries.

Please contact them directly if you would like to:

• Update your contact and other information
• Enquire about Fund distributions/dividends
• Enquire about your tax or distribution statements
• Enquire about the size and value of your investment
• Elect to participate in a distribution reinvestment plan (if available) or
• If you have other enquiries regarding your holding of units

Link Market Services can be contacted by calling 1300 202 738. Alternatively, some queries can be answered by using the Link web portal: Link Market Services – Investor Centre.