QFN ETF | Australian Financial Sector ETF | BetaShares
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OVERVIEW

Fund Objective

QFN aims to track the performance of an index (before fees and expenses) comprising the largest ASX-listed companies in the financial sector, including the ‘Big 4’ banks and insurance companies but excluding Real Estate Investment Trusts.

Benefits of QFN

Diversified exposure to financials

Access to all of Australia’s biggest financial companies (ex A-REITs) in one trade on the ASX – no need to pick single bank stocks.

Attractive, tax-effective income

The financials sector has typically paid high, franked income relative to other market sectors. Distributions are paid by the Fund semi-annually.

Tactical exposure

QFN provides a simple, cost-effective way of taking an investment position in the Australian financials sector.

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 15 May 2021

Current Price
Last Trade* -
% Change (prev day) -
Bid (delayed) -
Offer (delayed) -
ASX iNav Code YQFN
* Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit* $11.57
* As at 13 May 2021

Profile

Net Assets* ($A) $52,048,507
Units Outstanding* (#) 4,499,308
Mgmt Costs** (% p.a.) 0.34%
Distribution Frequency Semi-annual
Distribution Reinvestment Plan (DRP) Full participation available
Issuer BetaShares Capital Ltd
Fund Administrator RBC Investor Services
Custodian RBC Investor Services
Registry Link Market Services
Auditor KPMG
* As at 13 May 2021
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code QFN
Bloomberg Code QFN AU
IRESS Code QFN.AXW
Trading Hours 10.00-16.00 (AEST)
iNAV IRESS Code YQFN.AXW

Index Information

Index Solactive Australia Financials Ex-REITs Sector
Index Provider Solactive
Index Ticker N/A
Bloomberg Index Ticker SOLAUFNG Index
Index Methodology

Portfolio Holdings

Name Weight (%)
COMMONWEALTH BANK OF AUSTRALIA 28.2
WESTPAC BANKING CORP 15.4
NATIONAL AUSTRALIA BANK LTD 14.2
AUSTRALIA & NEW ZEALAND BANKIN 12.8
MACQUARIE GROUP LTD 9.0
QBE INSURANCE GROUP LTD 2.5
ASX LTD 2.4
SUNCORP GROUP LTD 2.2
INSURANCE AUSTRALIA GROUP LTD 2.0
MEDIBANK PVT LTD 1.3
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CBA AT COMMONWEALTH BANK OF AUSTRALIA 28.2 Equities Financials Australia AUD 156,918 $15,155,140 $15,155,140
WBC AT WESTPAC BANKING CORP 15.4 Equities Financials Australia AUD 324,927 $8,256,395 $8,256,395
NAB AT NATIONAL AUSTRALIA BANK LTD 14.2 Equities Financials Australia AUD 291,861 $7,652,595 $7,652,595
ANZ AT AUSTRALIA & NEW ZEALAND BANKIN 12.8 Equities Financials Australia AUD 251,010 $6,882,694 $6,882,694
MQG AT MACQUARIE GROUP LTD 9.0 Equities Financials Australia AUD 30,631 $4,850,113 $4,850,113
QBE AT QBE INSURANCE GROUP LTD 2.5 Equities Financials Australia AUD 130,177 $1,369,462 $1,369,462
ASX AT ASX LTD 2.4 Equities Financials Australia AUD 16,953 $1,263,168 $1,263,168
SUN AT SUNCORP GROUP LTD 2.2 Equities Financials Australia AUD 113,515 $1,168,069 $1,168,069
IAG AT INSURANCE AUSTRALIA GROUP LTD 2.0 Equities Financials Australia AUD 218,604 $1,073,346 $1,073,346
MPL AT MEDIBANK PVT LTD 1.3 Equities Financials Australia AUD 242,927 $723,922 $723,922
MFG AT MAGELLAN FINANCIAL GROUP LTD 1.0 Equities Financials Australia AUD 11,620 $545,327 $545,327
BEN AT BENDIGO & ADELAIDE BANK LTD 0.9 Equities Financials Australia AUD 46,893 $478,778 $478,778
BOQ AT BANK OF QUEENSLAND LTD 0.9 Equities Financials Australia AUD 52,091 $459,443 $459,443
AMP AT AMP LTD 0.6 Equities Financials Australia AUD 304,102 $331,471 $331,471
VUK AT VIRGIN MONEY UK PLC 0.5 Equities Financials Australia AUD 81,621 $290,571 $290,571
SDF AT STEADFAST GROUP LTD 0.5 Equities Financials Australia AUD 72,701 $285,715 $285,715
Z1P AT ZIP CO LTD 0.5 Equities Financials Australia AUD 38,154 $260,592 $260,592
CGF AT CHALLENGER LTD 0.5 Equities Financials Australia AUD 50,673 $249,311 $249,311
NHF AT NIB HOLDINGS LTD/AUSTRALIA 0.5 Equities Financials Australia AUD 40,116 $248,318 $248,318
PDL AT PENDAL GROUP LTD 0.4 Equities Financials Australia AUD 26,873 $207,728 $207,728
IFL AT IOOF HOLDINGS LTD 0.4 Equities Financials Australia AUD 54,084 $195,243 $195,243
PPT AT PERPETUAL LTD 0.3 Equities Financials Australia AUD 4,873 $170,652 $170,652
CCP AT CREDIT CORP GROUP LTD 0.3 Equities Financials Australia AUD 5,454 $144,804 $144,804
JHG AT JANUS HENDERSON GROUP PLC 0.3 Equities Financials Australia AUD 2,924 $142,077 $142,077
AUB AT AUB GROUP LTD 0.2 Equities Financials Australia AUD 6,572 $133,477 $133,477
EML AT EML PAYMENTS LTD 0.2 Equities Information Technology Australia AUD 24,566 $126,515 $126,515
PTM AT PLATINUM ASSET MANAGEMENT LTD 0.2 Equities Financials Australia AUD 25,611 $119,347 $119,347
NWL AT NETWEALTH GROUP LTD 0.2 Equities Financials Australia AUD 8,570 $110,125 $110,125
TYR AT TYRO PAYMENTS LTD 0.2 Equities Information Technology Australia AUD 25,657 $94,418 $94,418
VBM1 Index S&P/ASX200 F-REIT JUN21 Index Futures AUD 4 $703,000
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* As at 14 May 2021. Excludes cash

Sector Allocation

Diversified Banks
71.5%
Diversified Capital Markets
9.4%
Property & Casualty Insurance
6.8%
Asset Management & Custody Banks
2.9%
Financial Exchanges & Data
2.4%
Life & Health Insurance
1.9%
Regional Banks
1.8%
Other Diversified Financial Services
1.1%
Consumer Finance
0.9%
Other
1.3%
* As of 30 April 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 3.12% 3.15%
3 months 13.28% 13.39%
6 months 33.58% 33.84%
1 year 46.13% 46.72%
3 year p.a 5.29% 5.62%
5 year p.a 6.07% 6.45%
Since inception (p.a) 8.11% 8.58%
Inception date 10-Dec-10 -
* As at 30 April 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 Semi-Annual
12 Mth Distribution Yield* (%) 1.1%
12 Mth Gross Distribution Yield* (%) 1.6%
Franking Level 124.4%
*As at 30 April 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)
4-Jan-21 5-Jan-21 19-Jan-21 $0.11719 1.19%
1-Jul-20 2-Jul-20 16-Jul-20 $0.00523 3.69%
2-Jan-20 3-Jan-20 17-Jan-20 $0.51797 5.89%
1-Jul-19 2-Jul-19 16-Jul-19 $0.06015 4.02%
2-Jan-19 3-Jan-19 17-Jan-19 $0.33006 4.00%
2-Jul-18 3-Jul-18 17-Jul-18 $0.15401 4.08%
2-Jan-18 3-Jan-18 17-Jan-18 $0.32308 3.92%
3-Jul-17 4-Jul-17 18-Jul-17 $0.12961 5.92%
3-Jan-17 4-Jan-17 18-Jan-17 $0.46549 5.43%
1-Jul-16 4-Jul-16 18-Jul-16 $0.11539 3.86%
4-Jan-16 6-Jan-16 19-Jan-16 $0.37807 4.34%
1-Jul-15 3-Jul-15 20-Jul-15 $0.12205 4.73%
2-Jan-15 6-Jan-15 19-Jan-15 $0.38561 4.41%
1-Jul-14 3-Jul-14 16-Jul-14 $0.08822 5.64%
14-Nov-13 18-Nov-13 16-Jan-14 $0.43152 -
1-Jul-13 3-Jul-13 16-Jul-13 $0.08044 6.86%
10-Dec-12 12-Dec-12 17-Jan-13 $0.38098 -
2-Jul-12 4-Jul-12 18-Jul-12 $0.08315 -
3-Jan-12 5-Jan-12 24-Jan-12 $0.42558 -
1-Jul-11 5-Jul-11 21-Jul-11 $0.07586 -
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(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: QFN

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RESOURCES

Factsheet - QFN
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Fund Flyer - QFN
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Portfolio Holdings
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Product Disclosure Statement - QFN & QRE
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Product Disclosure Statement Update - 8 March 2021
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Annual Report - June 2020
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NRWT and Fund Payment Notice information - December 2020 distributions
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NRWT and Fund Payment Notice information - June 2020 distributions
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Interim Financial Report - December 2020
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LEARN MORE ABOUT QFN

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