Australian Cash Plus Active ETF

Overview

Fund objective

MMKT aims to generate a yield (before fees and expenses) that exceeds the Bloomberg AusBond Bank Bill Index, paid monthly, from a portfolio of Australian dollar cash and short-term money market securities issued by investment grade entities.

Benefits

A compelling solution for your cash allocation

MMKT has been designed to be a core cash allocation in investment portfolios, providing enhanced yield from cash and money market securities, paid monthly, together with a high degree of capital stability.

Ready liquidity

MMKT offers daily access, and is traded on the ASX with T+2 settlement, meaning investors can obtain attractive income without needing to lock up their money for extended periods.

Exposure to high-quality, short-term securities

MMKT holds cash and Australian dollar denominated money market securities, most of which have three months or less to maturity, issued by investment grade entities.

There are risks associated with an investment in the Fund, including interest rate risk, credit risk, and market risk. Investment in the Fund does not receive the benefit of any government guarantee. Investment value can go up and down. An investment in the Fund should only be made after considering your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.

Invest in MMKT with Betashares Direct

Invest in MMKT brokerage-free with a Betashares Direct account. You can also buy or sell MMKT using an online broker or your financial adviser.

Invest with us

Key facts

Profile

Units outstanding* (#)	6,474,777
Management fee and cost** (p.a.)	0.18%
Investment manager	Betashares Capital Ltd
Distribution frequency	Monthly
Distribution reinvestment plan (DRP)	Full or partial participation available
Registry	MUFG Corporate Markets
Domicile	Australia

* As at 16 April 2025
**Certain additional costs apply. Please refer to PDS.

Net assets*

$324,384,916

Pricing information

* Data is delayed by at least 20 minutes.
Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)

* As at 16 April 2025
NAV
NAV/Unit*	$50.10

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Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Trading information

ASX code	MMKT
Bloomberg code	MMKT AU
IRESS code	MMKT. AXW
Market makers	BNP Paribas Financial Markets SNC

Index information

Index	N/A
Index provider	N/A
Index ticker	N/A
Bloomberg index ticker	N/A

Performance

Fund returns after fees (%)

	Fund	Bloomberg AusBond Bank Bill
1 month	0.36%	0.35%
3 months	1.14%	1.04%
6 months	2.36%	2.16%
1 year	4.86%	4.45%
3 year p.a.	-	-
5 year p.a.	-	-
10 year p.a.	-	-
Since inception p.a.	4.81%	4.41%
Inception date	22-Nov-23	-

* As at 31 March 2025.

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.

Portfolio characteristics

Estimated yield to maturity (% p.a.)info	4.60
Estimated yield to maturity net of fees (% p.a.)info	4.42
Weighted average maturity (WAM) (days)info	73.7
Weighted average life (WAL) (days)info	89.0
Modified duration (yrs)info	0.16
Spread duration (yrs)info	0.20
Number of issuersinfo	58
Number of holdingsinfo	139
Average credit ratinginfo	A-1

* As at 17 April 2025

Holdings and allocation

Portfolio holdings

Top 10

All

Name	Weight (%)
OVERNIGHT CASH	6.1
MERCEDES-BENZ AUSTRALIA/PACI CP 17/04/25	1.8
MET LIFE GLOB FUNDING I FRN 01/12/25	1.7
BANK OF QUEENSLAND FRN 14/05/25	1.6
WESTPAC BANKING CORPORATION TD 22/09/25	1.5
BENDIGO AND ADELAIDE BANK TD 04/07/25	1.5
BENDIGO AND ADELAIDE BANK TD 02/07/25	1.5
STOCKLAND CP 02/05/25	1.5
STOCKLAND CP 14/05/25	1.5
NBN CO CP 19/05/25	1.5

Ticker	Asset Class	Currency	Weight (%)
OVERNIGHT CASH	Overnight Cash	AUD	6.1
MERCEDES-BENZ AUSTRALIA/PACI CP 17/04/25	CP	AUD	1.8
MET LIFE GLOB FUNDING I FRN 01/12/25	FRN	AUD	1.7
BANK OF QUEENSLAND FRN 14/05/25	FRN	AUD	1.6
WESTPAC BANKING CORPORATION TD 22/09/25	TD	AUD	1.5
BENDIGO AND ADELAIDE BANK TD 04/07/25	TD	AUD	1.5
BENDIGO AND ADELAIDE BANK TD 02/07/25	TD	AUD	1.5
STOCKLAND CP 02/05/25	CP	AUD	1.5
STOCKLAND CP 14/05/25	CP	AUD	1.5
NBN CO CP 19/05/25	CP	AUD	1.5
NBN CO CP 28/05/25	CP	AUD	1.5
AUSTRALIA & NEW ZEALAND BANK FRN 12/05/25	FRN	AUD	1.4
BANK OF QUEENSLAND FRN 09/12/25	FRN	AUD	1.2
SHINHAN BANK CO. FRN 29/09/25	FRN	AUD	1.2
POLICE BANK TD 30/09/25	TD	AUD	1.2
DEXUS WHOLESALE PROPERTY FUN CP 28/04/25	CP	AUD	1.2
SCENTRE GROUP TRUST 1/2 CP 29/04/25	CP	AUD	1.2
QUEENSLAND COUNTRY BANK NCD 30/05/25	NCD	AUD	1.2
MYSTATE BANK NCD 04/06/25	NCD	AUD	1.2
TAIWAN COOPERATIVE BANK NCD 03/07/25	NCD	AUD	1.2
B & E NCD 02/10/25	NCD	AUD	1.2
UBS AG FRN 30/07/25	FRN	AUD	0.9
WESTPAC BANKING CORPORATION TD 13/08/25	TD	AUD	0.9
WOORI BANK FRN 20/06/25	FRN	AUD	0.9
AUSTRALIAN MILITARY BANK TD 12/09/25	TD	AUD	0.9
POLICE FINANCIAL SERVICES TD 17/09/25	TD	AUD	0.9
MYSTATE BANK TD 17/12/25	TD	AUD	0.9
RABOBANK AUSTRALIA FRN 26/09/25	FRN	AUD	0.9
AUSTRALIAN MILITARY BANK TD 02/10/25	TD	AUD	0.9
GPT GROUP CP 05/05/25	CP	AUD	0.9
AUSTRALIAN MUTUAL BANK NCD 29/05/25	NCD	AUD	0.9
QUEENSLAND COUNTRY BANK NCD 18/06/25	NCD	AUD	0.9
DEXUS WHOLESALE PROPERTY FUN CP 26/06/25	CP	AUD	0.9
GPT WHOLESALE OFFICE FUND NO CP 03/07/25	CP	AUD	0.9
REGIONAL AUSTRALIA BANK NCD 28/07/25	NCD	AUD	0.9
NBN CO CP 05/08/25	CP	AUD	0.9
MAITLAND MUTUAL NCD 03/09/25	NCD	AUD	0.9
VICTORIA TEACHERS NCD 01/10/25	NCD	AUD	0.9
QIC SHOPPING CENTRE FUND FRN 15/08/25	FRN	AUD	0.9
DBS BANK FRN 16/06/25	FRN	AUD	0.7
KIWIBANK FRN 23/09/25	FRN	AUD	0.6
WESTPAC BANKING CORPORATION TD 30/04/25	TD	AUD	0.6
WESTPAC BANKING CORPORATION TD 11/06/25	TD	AUD	0.6
POLICE BANK TD 23/07/25	TD	AUD	0.6
WESTPAC BANKING CORPORATION TD 15/07/25	TD	AUD	0.6
NORFINA FRN 22/08/25	FRN	AUD	0.6
WESTPAC BANKING CORPORATION TD 20/08/25	TD	AUD	0.6
MACQUARIE GROUP FRN 09/12/25	FRN	AUD	0.6
SHINHAN BANK CO. FRN 04/03/26	FRN	AUD	0.6
POLICE & NURSES TD 18/09/25	TD	AUD	0.6
POLICE BANK TD 07/10/25	TD	AUD	0.6
CANADIAN IMPERIAL BANK OF COMMERCE FRN 15/07/25	FRN	AUD	0.6
DEFENCE BANK TD 17/10/25	TD	AUD	0.6
GPT WHOLESALE OFFICE FUND NO CP 22/04/25	CP	AUD	0.6
B & E NCD 28/04/25	NCD	AUD	0.6
DEXUS WHOLESALE PROPERTY FUN CP 12/05/25	CP	AUD	0.6
SCENTRE GROUP TRUST 1/2 CP 12/05/25	CP	AUD	0.6
PACCAR FINANCIAL CP 13/05/25	CP	AUD	0.6
SCENTRE GROUP TRUST 1/2 CP 16/05/25	CP	AUD	0.6
COMMUNITY FIRST CREDIT UNION NCD 27/05/25	NCD	AUD	0.6
FIRST COMMERCIAL BANK NCD 04/06/25	NCD	AUD	0.6
DEXUS WHOLESALE PROPERTY FUN CP 06/06/25	CP	AUD	0.6
GPT GROUP CP 06/06/25	CP	AUD	0.6
TAIWAN BUSINESS BANK NCD 06/05/25	NCD	AUD	0.6
POLICE & NURSES NCD 13/06/25	NCD	AUD	0.6
MEGA INTERNATIONAL COMMERCIAL BANK CO. NCD 10/06/25	NCD	AUD	0.6
FIRST COMMERCIAL BANK NCD 10/06/25	NCD	AUD	0.6
POLICE & NURSES NCD 16/06/25	NCD	AUD	0.6
TAIWAN COOPERATIVE BANK NCD 12/06/25	NCD	AUD	0.6
MEGA INTERNATIONAL COMMERCIAL BANK CO. NCD 19/06/25	NCD	AUD	0.6
VOLKSWAGEN FINANCIAL SERVICE CP 20/06/25	CP	AUD	0.6
SCENTRE GROUP TRUST 1/2 CP 25/06/25	CP	AUD	0.6
CANADIAN IMPERIAL BANK OF COMMERCE NCD 02/07/25	NCD	AUD	0.6
GPT GROUP CP 02/07/25	CP	AUD	0.6
BEYOND BANK AUSTRALIA NCD 09/07/25	NCD	AUD	0.6
FIRST COMMERCIAL BANK NCD 09/07/25	NCD	AUD	0.6
G&C MUTUAL BANK NCD 03/07/25	NCD	AUD	0.6
AUSTRALIAN MUTUAL BANK NCD 16/07/25	NCD	AUD	0.6
AUSTRALIAN MILITARY BANK NCD 15/07/25	NCD	AUD	0.6
HUA NAN COMMERCIAL BANK. NCD 16/07/25	NCD	AUD	0.6
COASTLINE CREDIT UNION NCD 14/07/25	NCD	AUD	0.6
SCENTRE GROUP TRUST 1/2 CP 05/08/25	CP	AUD	0.6
QUEENSLAND COUNTRY BANK NCD 05/08/25	NCD	AUD	0.6
COMMUNITY FIRST CREDIT UNION NCD 06/08/25	NCD	AUD	0.6
AUSTRALIAN MUTUAL BANK NCD 07/08/25	NCD	AUD	0.6
CREDIT UNION SA NCD 15/08/25	NCD	AUD	0.6
CREDIT UNION SA NCD 01/09/25	NCD	AUD	0.6
CREDIT UNION SA NCD 09/09/25	NCD	AUD	0.6
B & E NCD 03/09/25	NCD	AUD	0.6
GATEWAY BANK NCD 05/09/25	NCD	AUD	0.6
G&C MUTUAL BANK NCD 02/09/25	NCD	AUD	0.6
TAIWAN COOPERATIVE BANK NCD 10/09/25	NCD	AUD	0.6
VOLKSWAGEN FINANCIAL SERVICE CP 19/09/25	CP	AUD	0.6
MYSTATE BANK NCD 01/10/25	NCD	AUD	0.6
VOLKSWAGEN FINANCIAL SERVICE CP 03/10/25	CP	AUD	0.6
FIRST COMMERCIAL BANK NCD 13/10/25	NCD	AUD	0.6
VOLKSWAGEN FINANCIAL SERVICE CP 14/10/25	CP	AUD	0.6
INTESA SANPAOLO SPA NCD 15/10/25	NCD	AUD	0.6
NATIONAL AUSTRALIA BANK FRN 30/05/25	FRN	AUD	0.5
AUSTRALIA & NEW ZEALAND BANK FRN 06/08/25	FRN	AUD	0.4
POLICE BANK TD 10/06/25	TD	AUD	0.3
DEFENCE BANK TD 05/05/25	TD	AUD	0.3
POLICE & NURSES TD 16/06/25	TD	AUD	0.3
POLICE FINANCIAL SERVICES TD 18/06/25	TD	AUD	0.3
POLICE FINANCIAL SERVICES TD 03/07/25	TD	AUD	0.3
AUSTRALIAN UNITY BANK TD 08/07/25	TD	AUD	0.3
POLICE BANK TD 11/06/25	TD	AUD	0.3
BENDIGO AND ADELAIDE BANK FRN 11/11/25	FRN	AUD	0.3
BPCE SA FRN 05/06/25	FRN	AUD	0.3
BPCE SA FRN 29/09/25	FRN	AUD	0.3
BENDIGO AND ADELAIDE BANK FRN 18/06/25	FRN	AUD	0.3
AGI FINANCE FRN 08/01/26	FRN	AUD	0.3
POLICE BANK TD 14/10/25	TD	AUD	0.3
POLICE FINANCIAL SERVICES TD 15/10/25	TD	AUD	0.3
GPT WHOLESALE OFFICE FUND NO CP 23/04/25	CP	AUD	0.3
B & E NCD 20/04/25	NCD	AUD	0.3
CANADIAN IMPERIAL BANK OF COMMERCE NCD 05/05/25	NCD	AUD	0.3
GPT GROUP CP 19/05/25	CP	AUD	0.3
GPT WHOLESALE OFFICE FUND NO CP 19/05/25	CP	AUD	0.3
MYSTATE BANK NCD 03/06/25	NCD	AUD	0.3
AMP BANK NCD 05/06/25	NCD	AUD	0.3
GPT GROUP CP 03/06/25	CP	AUD	0.3
GPT WHOLESALE OFFICE FUND NO CP 03/06/25	CP	AUD	0.3
AMP BANK NCD 10/06/25	NCD	AUD	0.3
GPT WHOLESALE OFFICE FUND NO CP 06/06/25	CP	AUD	0.3
INTESA SANPAOLO SPA NCD 11/06/25	NCD	AUD	0.3
CREDIT UNION AUSTRALIA NCD 19/06/25	NCD	AUD	0.3
AUSWIDE BANK NCD 02/07/25	NCD	AUD	0.3
G&C MUTUAL BANK NCD 17/07/25	NCD	AUD	0.3
BANK OF CHINA NCD 10/07/25	NCD	AUD	0.3
MYSTATE BANK NCD 21/07/25	NCD	AUD	0.3
VOLKSWAGEN FINANCIAL SERVICE CP 22/07/25	CP	AUD	0.3
ILLAWARRA CREDIT UNION NCD 23/07/25	NCD	AUD	0.3
CREDIT UNION SA NCD 11/08/25	NCD	AUD	0.3
INTESA SANPAOLO SPA NCD 18/08/25	NCD	AUD	0.3
VOLKSWAGEN FINANCIAL SERVICE CP 04/09/25	CP	AUD	0.3
INTESA SANPAOLO SPA NCD 12/09/25	NCD	AUD	0.3
FIRST COMMERCIAL BANK NCD 10/10/25	NCD	AUD	0.3
COMMONWEALTH BANK AUST FRN 13/01/26	FRN	AUD	0.2

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* As at 16 April 2025. Excludes cash

Sector allocation

Negotiable certificates of deposit (NCDs)	36.4%
Term deposits (TDs)	17.1%
Floating rate notes (FRNs)	17.1%
Commercial paper (CPs)	23.8%
Overnight cash*	5.6%

* As of 31 March 2025

Maturity breakdown

Under 1 month	25.1%
1 to 3 months	32.3%
3 to 6 months	35.1%
6 to 12 months	7.4%