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 19 May 2022

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* $12.23
* As at 18 May 2022

Profile

Net Assets* ($A) $52,722,780
Units Outstanding* (#) 4,312,177
Mgmt Costs** (% p.a.) 0.34%
Distribution Frequency Semi-annual
Distribution Reinvestment Plan (DRP) Full participation available
Issuer BetaShares Capital Ltd
Fund Administrator Citigroup Pty Limited
Custodian Citigroup Pty Limited
Registry Link Market Services
Auditor KPMG
* As at 18 May 2022
**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 28.4
NATIONAL AUSTRALIA BANK LTD 16.1
WESTPAC BANKING CORP 13.6
AUSTRALIA & NEW ZEALAND BANKIN 11.6
MACQUARIE GROUP LTD 10.6
QBE INSURANCE GROUP LTD 3.0
ASX LTD 2.5
SUNCORP GROUP LTD 2.4
INSURANCE AUSTRALIA GROUP LTD 1.8
MEDIBANK PVT LTD 1.4
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CBA AT COMMONWEALTH BANK OF AUSTRALIA 28.4 Equities Financials Australia AUD 152,769 $16,010,191 $16,010,191
NAB AT NATIONAL AUSTRALIA BANK LTD 16.1 Equities Financials Australia AUD 289,610 $9,059,001 $9,059,001
WBC AT WESTPAC BANKING CORP 13.6 Equities Financials Australia AUD 314,003 $7,674,233 $7,674,233
ANZ AT AUSTRALIA & NEW ZEALAND BANKIN 11.6 Equities Financials Australia AUD 252,174 $6,516,176 $6,516,176
MQG AT MACQUARIE GROUP LTD 10.6 Equities Financials Australia AUD 32,804 $5,953,926 $5,953,926
QBE AT QBE INSURANCE GROUP LTD 3.0 Equities Financials Australia AUD 132,448 $1,682,090 $1,682,090
ASX AT ASX LTD 2.5 Equities Financials Australia AUD 17,169 $1,413,524 $1,413,524
SUN AT SUNCORP GROUP LTD 2.4 Equities Financials Australia AUD 113,149 $1,374,760 $1,374,760
IAG AT INSURANCE AUSTRALIA GROUP LTD 1.8 Equities Financials Australia AUD 221,143 $1,028,315 $1,028,315
MPL AT MEDIBANK PVT LTD 1.4 Equities Financials Australia AUD 246,005 $789,676 $789,676
BEN AT BENDIGO & ADELAIDE BANK LTD 0.9 Equities Financials Australia AUD 50,023 $524,241 $524,241
BOQ AT BANK OF QUEENSLAND LTD 0.8 Equities Financials Australia AUD 57,094 $429,347 $429,347
SDF AT STEADFAST GROUP LTD 0.7 Equities Financials Australia AUD 82,278 $402,339 $402,339
CGF AT CHALLENGER LTD 0.6 Equities Financials Australia AUD 46,918 $347,662 $347,662
AMP AT AMP LTD 0.6 Equities Financials Australia AUD 276,134 $317,554 $317,554
NHF AT NIB HOLDINGS LTD/AUSTRALIA 0.5 Equities Financials Australia AUD 40,576 $290,930 $290,930
VUK AT VIRGIN MONEY UK PLC 0.3 Equities Financials Australia AUD 73,262 $192,679 $192,679
IFL AT IOOF HOLDINGS LTD 0.3 Equities Financials Australia AUD 53,962 $180,773 $180,773
MFG AT MAGELLAN FINANCIAL GROUP LTD 0.3 Equities Financials Australia AUD 11,927 $179,024 $179,024
PDL AT PENDAL GROUP LTD 0.3 Equities Financials Australia AUD 33,848 $176,348 $176,348
PPT AT PERPETUAL LTD 0.3 Equities Financials Australia AUD 4,955 $161,384 $161,384
AUB AT AUB GROUP LTD 0.3 Equities Financials Australia AUD 7,850 $151,427 $151,427
JDO AT JUDO CAPITAL HOLDINGS LTD 0.3 Equities Financials Australia AUD 83,549 $149,553 $149,553
HUB AT HUB24 LTD 0.3 Equities Financials Australia AUD 6,091 $147,950 $147,950
CCP AT CREDIT CORP GROUP LTD 0.2 Equities Financials Australia AUD 5,826 $139,474 $139,474
NWL AT NETWEALTH GROUP LTD 0.2 Equities Financials Australia AUD 10,019 $124,536 $124,536
GMA AT GENWORTH MORTGAGE INSURANCE AU 0.2 Equities Financials Australia AUD 35,425 $110,172 $110,172
PNI AT PINNACLE INVESTMENT MANAGEMENT 0.2 Equities Financials Australia AUD 11,111 $91,777 $91,777
PTM AT PLATINUM ASSET MANAGEMENT LTD 0.2 Equities Financials Australia AUD 48,339 $87,977 $87,977
JHG AT JANUS HENDERSON GROUP PLC 0.1 Equities Financials Australia AUD 1,987 $79,182 $79,182
ZIP AT ZIP CO LTD 0.1 Equities Financials Australia AUD 42,233 $38,221 $38,221
VBM2 Index S&P/ASX200 F-REIT JUN22 Index Futures AUD 4 $735,500
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* As at 18 May 2022. Excludes cash

Sector Allocation

Diversified Banks
70.1%
Diversified Capital Markets
11.9%
Property & Casualty Insurance
6.9%
Financial Exchanges & Data
2.6%
Asset Management & Custody Banks
2.0%
Life & Health Insurance
1.9%
Regional Banks
1.7%
Other Diversified Financial Services
1.2%
Insurance Brokers
1.0%
Other
0.8%
* As of 29 April 2022

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 0.06% 0.09%
3 months 11.73% 11.83%
6 months 1.20% 1.37%
1 year 12.55% 12.95%
3 year p.a 7.55% 7.92%
5 year p.a 3.72% 4.06%
Since inception (p.a) 8.50% 8.96%
Inception date 10-Dec-10 -
* As at 29 April 2022

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* (%) 3.2%
12 Mth Gross Distribution Yield* (%) 4.5%
Franking Level 99.8%
*As at 29 April 2022. 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)
04-Jan-22 05-Jan-22 19-Jan-22 $0.31105 1.65%
01-Jul-21 02-Jul-21 16-Jul-21 $0.08453 1.02%
04-Jan-21 05-Jan-21 19-Jan-21 $0.11719 5.25%
01-Jul-20 02-Jul-20 16-Jul-20 $0.00523 6.66%
02-Jan-20 03-Jan-20 17-Jan-20 $0.51797 3.48%
01-Jul-19 02-Jul-19 16-Jul-19 $0.06015 4.14%
02-Jan-19 03-Jan-19 17-Jan-19 $0.33006 4.63%
02-Jul-18 03-Jul-18 17-Jul-18 $0.15401 4.00%
02-Jan-18 03-Jan-18 17-Jan-18 $0.32308 4.99%
03-Jul-17 04-Jul-17 18-Jul-17 $0.12961 4.99%
03-Jan-17 04-Jan-17 18-Jan-17 $0.46549 4.12%
01-Jul-16 04-Jul-16 18-Jul-16 $0.11539 4.87%
04-Jan-16 06-Jan-16 19-Jan-16 $0.37807 4.33%
01-Jul-15 03-Jul-15 20-Jul-15 $0.12205 4.02%
02-Jan-15 06-Jan-15 19-Jan-15 $0.38561 0.75%
01-Jul-14 03-Jul-14 16-Jul-14 $0.08822 4.50%
14-Nov-13 18-Nov-13 16-Jan-14 $0.43152 4.06%
01-Jul-13 03-Jul-13 16-Jul-13 $0.08044 4.72%
10-Dec-12 12-Dec-12 17-Jan-13 $0.38098 5.92%
02-Jul-12 04-Jul-12 18-Jul-12 $0.08315 6.64%
03-Jan-12 05-Jan-12 24-Jan-12 $0.42558 1.02%
01-Jul-11 05-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 – 4 October 2021
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Interim Financial Report - December 2021
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Annual Report - June 2021
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NRWT and Fund Payment Notice information - December 2021 distributions
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NRWT and Fund Payment Notice information - June 2021 distributions
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