Australian Major Bank Hybrids Index ETF | ASX BHYB | BetaShares
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OVERVIEW

Fund Objective

BHYB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of listed hybrid securities issued by Australia’s ‘Big 4’ banks.

Hybrids can be expected to produce risk and return characteristics above those of traditional fixed-income securities like bonds but below those of ordinary shares.

Benefits of BHYB

Attractive, tax-efficient income

BHYB pays income monthly at a rate expected to be significantly higher than cash and senior bonds, along with franking credits.

Portfolio diversification

Hybrids historically have exhibited relatively low correlation to equities, and have generally shown defensive characteristics during market declines.

Cost-effective

Management fees are only 0.35% p.a. ($35 per year for every $10,000 invested)1.

1 Other costs, such as transaction costs, may apply. Refer to the PDS for more information.

How to Invest

  • You can buy or sell units just like you’d buy or sell any share on the ASX.
  • Fund requires no minimum investment.

KEY FACTS

Pricing Information 19 October 2021

Current Price
Last Trade* -
% Change (prev day) -
Bid (delayed) -
Offer (delayed) -
ASX iNav Code YBHY
* Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit* $10.07
* As at 18 October 2021

Profile

Net Assets* ($A) $54,380,533
Units Outstanding* (#) 5,401,174
Mgmt Costs** (% p.a.) 0.35%
Distribution Frequency Monthly
Distribution Reinvestment Plan (DRP) Full or partial participation available
Issuer BetaShares Capital Ltd
Fund Administrator Citigroup Pty Limited
Custodian Citigroup Pty Limited
Registry Link Market Services
Auditor KPMG
* As at 18 October 2021
* As of close of previous day
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code BHYB
Bloomberg Code BHYB AU
IRESS Code BHYB.ASX
Trading Hours 10:00-16:00 (AEST)
iNAV IRESS Code YBHY.ASX

Index Information

Index Solactive Australian Banking Preferred Shares Index
Index Provider Solactive AG
Index Ticker N/A
Bloomberg Index Ticker SAUBPFRN Index
Index Methodology

Portfolio Characteristics

Portfolio Gross Yield (% p.a.)
Average estimated gross yield (weighted by market value and inclusive of franking credits) of the hybrids in the portfolio, divided by the current market price of the securities. Provides an indication of expected current income from making an investment at market price. This figure is indicative only and will vary over time. Not all investors will be able to obtain the full value of franking credits.
3.31%
Portfolio Net Yield (% p.a.)
Average yield (weighted by market value) of the hybrids in the portfolio, divided by the current market price of the securities. Provides an indication of expected current income from making an investment at market price. This value will vary over time.
2.32%
As at 19-Oct-21

Portfolio Holdings

Name Weight (%)
NABPH 10.9
CBAPD 10.1
NABPF 8.7
WBCPJ 7.8
WBCPH 7.6
ANZPG 7.5
ANZPI 6.7
WBCPI 6.5
WBCPE 5.8
CBAPI 5.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
NABPH AT NABPH 10.9 Equity Preference Financials Australia AUD 57,100 $6,025,192 $6,025,192
CBAPD AT CBAPD 10.1 Equity Preference Financials Australia AUD 55,101 $5,591,649 $5,591,649
NABPF AT NABPF 8.7 Equity Preference Financials Australia AUD 44,841 $4,820,408 $4,820,408
WBCPJ AT WBCPJ 7.8 Equity Preference Financials Australia AUD 41,219 $4,329,644 $4,329,644
WBCPH AT WBCPH 7.6 Equity Preference Financials Australia AUD 40,438 $4,191,439 $4,191,439
ANZPG AT ANZPG 7.5 Equity Preference Financials Australia AUD 38,802 $4,151,814 $4,151,814
ANZPI AT ANZPI 6.7 Equity Preference Financials Australia AUD 35,876 $3,684,465 $3,684,465
WBCPI AT WBCPI 6.5 Equity Preference Financials Australia AUD 34,037 $3,572,524 $3,572,524
WBCPE AT WBCPE 5.8 Equity Preference Financials Australia AUD 31,338 $3,198,670 $3,198,670
CBAPI AT CBAPI 5.6 Equity Preference Financials Australia AUD 30,278 $3,111,065 $3,111,065
CBAPH AT CBAPH 5.5 Equity Preference Financials Australia AUD 29,178 $3,058,409 $3,058,409
CBAPG AT CBAPG 4.7 Equity Preference Financials Australia AUD 25,038 $2,614,969 $2,614,969
ANZPF AT ANZPF 4.3 Equity Preference Financials Australia AUD 23,181 $2,392,279 $2,392,279
ANZPH AT ANZPH 4.3 Equity Preference Financials Australia AUD 22,245 $2,356,858 $2,356,858
CBAPJ AT CBAPJ 4.0 Equity Preference Financials Australia AUD 21,640 $2,201,221 $2,201,221
Download CSV
* As at 18 October 2021. Excludes cash

Sector Allocation

CBA
30.4%
WBC
28.1%
NAB
19.9%
ANZ
23.1%
* As of 30 September 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 0.41% 0.43%
3 months 0.59% 0.62%
6 months - 2.18%
1 year - 4.46%
3 year p.a - 3.89%
5 year p.a - 4.71%
Since inception 1.62% 1.63%
Inception date 21-Apr-21 -
* As at 30 September 2021

Chart

Chart Type
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.

DISTRIBUTIONS

Yield Information

Distribution Frequency Monthly
12 Mth Distribution Yield* (%) -
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 30 September 2021. Yield figures are calculated by summing the prior 12 month net and gross fund per unit distributions divided by the fund closing NAV per unit. Franking level is total franking level over the last 12 months. Past performance is not an indicator of future performance.

Recent Distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
1-Oct-21 4-Oct-21 18-Oct-21 $0.01937 -
1-Sep-21 2-Sep-21 16-Sep-21 $0.02059 -
2-Aug-21 3-Aug-21 17-Aug-21 $0.0201 -
1-Jul-21 2-Jul-21 16-Jul-21 $0.02001 -
1-Jun-21 2-Jun-21 17-Jun-21 $0.02636 -
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ANNOUNCEMENTS

ASX Announcements: BHYB

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RESOURCES

Factsheet - BHYB
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Fund Flyer - BHYB
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Product Brochure - BHYB
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Product Brochure - BHYB (Adviser)
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Investor Guide to BetaShares Fixed Income Solutions
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Portfolio Holdings
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Product Disclosure Statement - BHYB
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Product Disclosure Statement Update – 20 September 2021
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Product Disclosure Statement Update – 4 October 2021
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Annual Report - June 2021
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NRWT and Fund Payment Notice information - September 2021 distributions
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NRWT and Fund Payment Notice information - August 2021 distributions
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NRWT and Fund Payment Notice information - July 2021 distributions
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NRWT and Fund Payment Notice information - June 2021 distributions
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NRWT and Fund Payment Notice information - May 2021 distributions
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LEARN MORE ABOUT BHYB

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