Equity Yield Maximiser Fund

OVERVIEW

About

A simple to use, cost-effective tool that allows investors to implement an equity income investment strategy over a portfolio of 20 blue-chip Australian shares.

Allows investors potential to earn higher income from shares
Core exposure to a diversified portfolio of the largest Australian companies
Potential for reduced volatility and smoother equity returns

Advantages

Attractive income – earn quarterly income (including franking credits), expected to exceed dividend yield of underlying share portfolio over the medium term
Downside protection – potential downside risk management against a falling market
Reduced volatility – expected to reduce volatility of equity returns
Blue Chip Exposure – with a single trade, exposure to portfolio of blue-chip Australian equities
Cost effective – cost effective way to implement an equity income strategy
Liquidity – available to trade on ASX like any share

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

CLOSE

KEY FACTS

Pricing Information 20 September 2017

Current Price
Last Trade*	$8.99
% Change (prev day)	-0.44%
Bid (delayed)	$8.98
Offer (delayed)	$9.03
iNAV (live) iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the net asset value of the Fund during the trading day	$8.999

*Data is delayed by at least 20 minutes.

Download NAV history

NAV
NAV/Unit *	$9.01

* As at 19 September 2017

Profile

Net Assets* ($A)	$402,582,275
Units Outstanding* (#)	44,678,177
Mgmt Costs** (% p.a.)	0.79%
Distribution Frequency	Quarterly
Distribution Reinvestment Plan (DRP)	Full participation available
Issuer	BetaShares Capital Ltd
Fund Administrator	FundBPO
Custodian	RBC Investor Services
Registry	Link Market Services
Auditor	KPMG

* As at 19 September 2017

**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code	YMAX
Bloomberg Code	YMAX AU
IRESS Code	YMAX.AXW
Trading Hours	10.00-16.00 (AEST)
iNAV IRESS Code	YMAXINAV.ETF
Market Makers	Susquehanna Pacific, Citigroup Global Markets
SMSF Eligible	Yes

Index Information

Index	N/A
Index Provider	N/A
Index Ticker	N/A
Bloomberg Index Ticker	N/A

Top Exposures

Name	%
Commonwealth Bank of Australia	14.9 %
Westpac Banking Corporation	12.1 %
Australia & New Zealand Banking Group Limited	9.7 %
BHP Billiton Limited	9.5 %
National Australia Bank Limited	9.2 %
CSL Limited	6.5 %
Wesfarmers Limited	5.3 %
Telstra Corporation Limited	5.2 %
Woolworths Limited	3.8 %
Macquarie Group Limited	3.3 %

As of close of trading 25/08/2017

The information above is expressed as a percentage of the share holdings of the Fund.

Sector Allocation

Financials	55.7%
Materials	13.0%
Consumer Staples	9.2%
Healthcare	6.5%
Telecommunication Services	4.8%
Industrials	4.5%
Real Estate	3.9%
Energy	2.4%

* As of 31 August 2017

CLOSE

PERFORMANCE

Fund Returns After Fees (%)

	Fund	S&P/ASX 20
1 month	-0.45%	-0.82%
3 months	0.33%	0.17%
6 months	-0.26%	-0.86%
1 year	7.62%	10.27%
3 year p.a	0.29%	1.89%
5 year p.a	-	-
Since inception (p.a)	5.79%	8.68%
Inception date	22-Nov-12	-

* As at 31 August 2017

Chart

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.

CLOSE

DISTRIBUTIONS

Yield Information

Distribution Frequency	Quarterly
12 Mth Distribution Yield* (%)	8.7%
12 Mth Gross Distribution Yield* (%)	10.6%
Franking Level	50.1%

*As at 31 August 2017. 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)
3-Jul-17	4-Jul-17	18-Jul-17	$0.14867	8.96%
3-Apr-17	4-Apr-17	20-Apr-17	$0.15014	10.15%
3-Jan-17	4-Jan-17	18-Jan-17	$0.20107	10.04%
4-Oct-16	5-Oct-16	19-Oct-16	$0.27857	10.37%
1-Jul-16	4-Jul-16	18-Jul-16	$0.18409	9.23%
1-Apr-16	4-Apr-16	15-Apr-16	$0.21109	7.97%
4-Jan-16	6-Jan-16	19-Jan-16	$0.26391	8.36%
1-Oct-15	6-Oct-15	19-Oct-15	$0.29401	8.33%
1-Jul-15	3-Jul-15	20-Jul-15	$0.16081	8.32%
1-Apr-15	3-Apr-15	20-Apr-15	$0.20042	8.68%
2-Jan-15	6-Jan-15	19-Jan-15	$0.31069	8.39%
1-Oct-14	3-Oct-14	17-Oct-14	$0.27045	8.77%
1-Jul-14	3-Jul-14	16-Jul-14	$0.15978	10.53%
1-Apr-14	3-Apr-14	16-Apr-14	$0.20187	10.10%
2-Jan-14	6-Jan-14	17-Jan-14	$0.35889	9.40%
1-Oct-13	3-Oct-13	17-Oct-13	$0.36908	-
1-Jul-13	3-Jul-13	16-Jul-13	$0.14007	-
2-Apr-13	4-Apr-13	17-Apr-13	$0.08752	-

(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.

CLOSE

ANNOUNCEMENTS

ASX Announcements: YMAX

Download

Showing - of

CLOSE

RESOURCES

	Factsheet - YMAX	Download
	Product Disclosure Statement - YMAX	Download
	Introduction to BetaShares Yield Maximiser Funds	Download
	Portfolio Holdings	Download
	Annual Report - June 2016	Download
	Supplementary Product Disclosure Statement - November 2016	Download
	PDS Updates - YMAX	Download
	NRWT and Fund Payment Notice information - June 2017 distributions	Download
	NRWT and Fund Payment Notice information – March 2017 distribution	Download
	NRWT and Fund Payment Notice information – December 2016 distribution	Download
	Non-Resident Withholding tax information - September 2016	Download
	31 December 2016 Interim Financial Report - YMAX	Download
	Half Year Accounts - December 2014	Download