BetaShares Australian Bank Senior Floating Rate Bond ETF
Provides exposure to a portfolio of some of the largest and most liquid senior floating rate bonds issued by Australian banks.
Aims to provide attractive and regular income distributions, combined with a high level of capital stability, expected to exceed income paid on cash and short-dated term deposits.
|% Change (prev day)||0%|
|Net Assets* ($A)||$100,161,489|
|Units Outstanding* (#)||3,920,064|
|Mgmt Costs** (% p.a.)||0.22%|
|Distribution Reinvestment Plan (DRP)||Full or partial participation available|
|Issuer||BetaShares Capital Ltd|
|Fund Administrator||RBC Investor Services|
|Custodian||RBC Investor Services|
|Registry||Link Market Services|
|Bloomberg Code||QPON AU|
|Trading Hours||10.00-16.00 (AEST)|
|Market Makers||Deutsche Securities|
|Index||Solactive Australian Bank Senior Floating Rate Bond Index|
|Index Provider||Solactive AG|
|Bloomberg Index Ticker||SOLAUSFR Index|
Running Yield (% p.a.)
Average coupon (weighted by market value) of the bonds in the portfolio, divided by the current market price of the bonds. Provides an indication of expected current income from making an investment at market price. This value will vary over time as interest rates change.
|2.77 % p.a.|
Yield to Maturity (% p.a.)
Total expected return from the bond portfolio, based on current bond prices and assuming no change in prevailing interest rates. This value will vary over time.
|2.52 % p.a.|
Average Maturity (yrs)
Average (weighted by market value) length of time until the current bonds in the portfolio mature.
Modified Duration (yrs)
A measure of the sensitivity of the portfolio’s value to a change in interest rates. For example, a Modified Duration of 0.15 years implies that a 1% rise in the reference interest rate will reduce the value of the portfolio by 0.15%.
Average Credit Rating
Average credit rating for the bonds in the portfolio. Source: Bloomberg
|Australian Bank Senior Floating Rate Bonds||100.0%|
|3 year p.a||-||3.40%|
|5 year p.a||-||4.07%|
|Since inception (p.a)||1.14%||1.03%|
|12 Mth Distribution Yield* (%)||-|
|12 Mth Gross Distribution Yield* (%)||-|
|Ex Date||Record Date||Payment Date||Distribution Unit ($)||Annual Distribution Return (%) (1)|
Factsheet - QPON
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Product Disclosure Statement - QPON
NRWT and Fund Payment Notice information – August 2017 distributions
NRWT and Fund Payment Notice information – July 2017 distributions
NRWT and Fund Payment Notice information – June 2017 distributions