Equity Yield Maximiser Fund | BetaShares
  • Download factsheet
  • Request info pack
  • Request a call
  • Request Lonsec research
  • Request Zenith research

Thank you for your request, an email will be sent to you shortly. If you don’t receive it within 30 minutes please contact info@betashares.com.au

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

KEY FACTS

Pricing Information 13 December 2018

Current Price
Last Trade* $8.10
% Change (prev day) 0%
Bid (delayed) $7.96
Offer (delayed) $8.54
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
$7.972
*Data is delayed by at least 20 minutes.
** As at 11 December 2018 04:29 PM
Download NAV history
NAV
NAV/Unit * $8.09
* As at 12 December 2018

Profile

Net Assets* ($A) $314,799,694
Units Outstanding* (#) 38,912,137
Mgmt Costs** (% p.a.) 0.76%
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 12 December 2018
**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

Portfolio Holdings

Name Weight (%)
COMMONWEALTH BANK OF AUSTRALIA 13.4
BHP BILLITON LTD 11.4
WESTPAC BANKING CORP 9.6
CSL LTD 9.2
AUSTRALIA & NEW ZEALAND BANKIN 8.0
NATIONAL AUSTRALIA BANK LTD 7.2
WOOLWORTHS GROUP LTD 4.2
TELSTRA CORP LTD 4.0
MACQUARIE GROUP LTD 3.9
WESFARMERS LTD 3.9
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CBA AU COMMONWEALTH BANK OF AUSTRALIA 13.4 Equities Financials Australia AUD 606,197 $41,682,106 $41,682,106
BHP AU BHP BILLITON LTD 11.4 Equities Materials Australia AUD 1,114,305 $35,590,902 $35,590,902
WBC AU WESTPAC BANKING CORP 9.6 Equities Financials Australia AUD 1,189,301 $29,791,990 $29,791,990
CSL AU CSL LTD 9.2 Equities Healthcare Australia AUD 156,605 $28,542,827 $28,542,827
ANZ AU AUSTRALIA & NEW ZEALAND BANKIN 8.0 Equities Financials Australia AUD 995,448 $24,816,519 $24,816,519
NAB AU NATIONAL AUSTRALIA BANK LTD 7.2 Equities Financials Australia AUD 946,920 $22,337,843 $22,337,843
WOW AU WOOLWORTHS GROUP LTD 4.2 Equities Consumer Staples Australia AUD 455,494 $12,938,307 $12,938,307
TLS AU TELSTRA CORP LTD 4.0 Equities Communication Services Australia AUD 4,099,991 $12,443,473 $12,443,473
MQG AU MACQUARIE GROUP LTD 3.9 Equities Financials Australia AUD 109,724 $12,079,515 $12,079,515
WES AU WESFARMERS LTD 3.9 Equities Consumer Discretionary Australia AUD 388,318 $12,033,975 $12,033,975
TCL AU TRANSURBAN GROUP 3.4 Equities Industrials Australia AUD 906,146 $10,737,830 $10,737,830
RIO AU RIO TINTO LTD 3.3 Equities Materials Australia AUD 141,933 $10,430,656 $10,430,656
WPL AU WOODSIDE PETROLEUM LTD 3.2 Equities Energy Australia AUD 324,604 $10,109,792 $10,109,792
SCG AU SCENTRE GROUP 2.3 Equities Real Estate Australia AUD 1,786,904 $7,219,092 $7,219,092
SUN AU SUNCORP GROUP LTD 1.9 Equities Financials Australia AUD 450,658 $5,779,689 $5,779,689
S32 AU SOUTH32 LTD 1.8 Equities Materials Australia AUD 1,774,034 $5,579,337 $5,579,337
BXB AU BRAMBLES LTD 1.8 Equities Industrials Australia AUD 548,838 $5,546,008 $5,546,008
IAG AU INSURANCE AUSTRALIA GROUP LTD 1.8 Equities Financials Australia AUD 801,383 $5,497,487 $5,497,487
AMC AU AMCOR LTD/AUSTRALIA 1.7 Equities Materials Australia AUD 400,426 $5,321,662 $5,321,662
COL AU COLES GROUP LTD 1.5 Equities Consumer Staples Australia AUD 388,318 $4,751,071 $4,751,071
QBE AU QBE INSURANCE GROUP LTD 1.5 Equities Financials Australia AUD 464,355 $4,643,550 $4,643,550
AUD AUD - Australia Dollar 1.5 Cash AUD 4,534,126 $4,534,126 $4,534,126
CBA AU 12 C75 December 18 Calls on CBA AU 20 Dec 18 75.00 CALL -0.0 Options AUD -250 -$175 -$175
MQG AU 12 C122 December 18 Calls on MQG AU 20 Dec 18 122.00 CALL -0.0 Options AUD -500 -$450 -$450
SUN AU 12 C13.93 December 18 Calls on SUN AU 20 Dec 18 13.93 CALL -0.0 Options AUD -1,150 -$230 -$230
MQG AU 12 C120 December 18 Calls on MQG AU 20 Dec 18 120.00 CALL -0.0 Options AUD -250 -$750 -$750
S32 AU 12 C3.46 December 18 Calls on S32 AU 20 Dec 18 3.46 CALL -0.0 Options AUD -6,900 -$690 -$690
WOW AU 12 C30.39 December 18 Calls on WOW AU 20 Dec 18 30.39 CALL -0.0 Options AUD -3,100 -$620 -$620
QBE AU 12 C11.75 December 18 Calls on QBE AU 20 Dec 18 11.75 CALL -0.0 Options AUD -3,200 -$960 -$960
ANZ AU 12 C28 December 18 Calls on ANZ AU 20 Dec 18 28.00 CALL -0.0 Options AUD -6,800 -$1,360 -$1,360
SUN AU 12 C13.68 December 18 Calls on SUN AU 20 Dec 18 13.68 CALL -0.0 Options AUD -2,000 -$1,800 -$1,800
BXB AU 12 C10.75 December 18 Calls on BXB AU 20 Dec 18 10.75 CALL -0.0 Options AUD -3,800 -$3,800 -$3,800
CBA AU 12 C74 December 18 Calls on CBA AU 20 Dec 18 74.00 CALL -0.0 Options AUD -3,000 -$4,500 -$4,500
TCLE AU 1 C12.1 January 19 Calls on TCL AU 24 Jan 19 12.10 CALL -0.0 Options AUD -1,150 -$6,900 -$6,900
IAG AU 1 C7.66 January 19 Calls on IAG AU 24 Jan 19 7.66 CALL -0.0 Options AUD -5,500 -$8,250 -$8,250
S32 AU 12 C3.26 December 18 Calls on S32 AU 20 Dec 18 3.26 CALL -0.0 Options AUD -5,500 -$8,250 -$8,250
AMC AU 12 C13.75 December 18 Calls on AMC AU 20 Dec 18 13.75 CALL -0.0 Options AUD -2,800 -$8,400 -$8,400
NAB AU 12 C25.25 December 18 Calls on NAB AU 20 Dec 18 25.25 CALL -0.0 Options AUD -6,350 -$9,811 -$9,811
WPL AU 12 C32.84 December 18 Calls on WPL AU 20 Dec 18 32.84 CALL -0.0 Options AUD -2,300 -$14,950 -$14,950
WBC AU 12 C27 December 18 Calls on WBC AU 20 Dec 18 27.00 CALL -0.0 Options AUD -8,350 -$16,700 -$16,700
RIO AU 12 C77 December 18 Calls on RIO AU 20 Dec 18 77.00 CALL -0.0 Options AUD -1,000 -$17,500 -$17,500
WES AU 12 C32.36 December 18 Calls on WES AU 20 Dec 18 32.36 CALL -0.0 Options AUD -1,850 -$19,425 -$19,425
CSL AU 12 C190 December 18 Calls on CSL AU 20 Dec 18 190.00 CALL -0.0 Options AUD -1,050 -$59,850 -$59,850
SCG AU 1 C4.1 January 19 Calls on SCG AU 24 Jan 19 4.10 CALL -0.0 Options AUD -11,800 -$88,500 -$88,500
TLS AU 1 C3.07 January 19 Calls on TLS AU 24 Jan 19 3.07 CALL -0.1 Options AUD -22,000 -$187,000 -$187,000
BHP AU 12 C32.5 December 18 Calls on BHP AU 20 Dec 18 32.50 CALL -0.1 Options AUD -8,000 -$228,000 -$228,000
Download CSV
* As at 11 December 2018

Sector Allocation

Financials
48.9%
Materials
18.1%
Healthcare
9.1%
Consumer Staples
5.6%
Industrials
5.0%
Consumer Discretionary
3.9%
Communication Services
3.9%
Energy
3.3%
Other
2.3%
* As of 30 November 2018

PERFORMANCE

Fund Returns After Fees (%)

  Fund Australia 20 Index
1 month -1.27% -1.46%
3 months -7.51% -7.47%
6 months -2.70% -0.82%
1 year -1.47% 0.93%
3 year p.a 3.96% 6.03%
5 year p.a 1.70% 3.68%
Since inception (p.a) 4.91% 7.61%
Inception date 22-Nov-12 -
* As at 30 November 2018

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.

DISTRIBUTIONS

Yield Information

Distribution Frequency Quarterly
12 Mth Distribution Yield* (%) 9.4%
12 Mth Gross Distribution Yield* (%) 11.6%
Franking Level 53.5%
*As at 30 November 2018. 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-18 2-Oct-18 16-Oct-18 $0.28511 8.90%
2-Jul-18 3-Jul-18 17-Jul-18 $0.12865 9.00%
3-Apr-18 4-Apr-18 18-Apr-18 $0.16341 8.38%
2-Jan-18 3-Jan-18 17-Jan-18 $0.1838 8.66%
2-Oct-17 3-Oct-17 17-Oct-17 $0.29184 8.89%
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 -
View more
(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.

ANNOUNCEMENTS

ASX Announcements: YMAX

Download
Showing - of

RESOURCES

Factsheet - YMAX
Download
Fund Flyer - YMAX
Download
Brochure - BetaShares Yield Maximiser Funds
Download
Product Disclosure Statement - YMAX
Download
Annual Report - June 2018
Download
NRWT and Fund Payment Notice information – September 2018 distributions
Download
Notice of Modifications to Fund Constitution – AMIT Tax Regime
Download
31 December 2016 Interim Financial Report - YMAX
Download
2018 Distribution Calendar
Download
Interim Financial Report
Download
View more

LEARN MORE ABOUT YMAX

Request an info pack