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 6 July 2020

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 * $8.92
* As at 2 July 2020

Profile

Net Assets* ($A) $32,060,954
Units Outstanding* (#) 3,595,850
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 2 July 2020
**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
Market Makers Susquehanna Pacific
SMSF Eligible Yes

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 27.7
WESTPAC BANKING CORP 14.7
NATIONAL AUSTRALIA BANK LTD 13.1
AUSTRALIA & NEW ZEALAND BANKIN 11.9
MACQUARIE GROUP LTD 9.1
ASX LTD 3.7
QBE INSURANCE GROUP LTD 3.0
INSURANCE AUSTRALIA GROUP LTD 3.0
SUNCORP GROUP LTD 2.6
MEDIBANK PVT LTD 1.8
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CBA AT COMMONWEALTH BANK OF AUSTRALIA 27.7 Equities Financials Australia AUD 124,184 $8,887,849 $8,887,849
WBC AT WESTPAC BANKING CORP 14.7 Equities Financials Australia AUD 254,751 $4,723,084 $4,723,084
NAB AT NATIONAL AUSTRALIA BANK LTD 13.1 Equities Financials Australia AUD 224,811 $4,212,958 $4,212,958
ANZ AT AUSTRALIA & NEW ZEALAND BANKIN 11.9 Equities Financials Australia AUD 199,737 $3,832,953 $3,832,953
MQG AT MACQUARIE GROUP LTD 9.1 Equities Financials Australia AUD 23,854 $2,910,665 $2,910,665
ASX AT ASX LTD 3.7 Equities Financials Australia AUD 13,488 $1,181,414 $1,181,414
QBE AT QBE INSURANCE GROUP LTD 3.0 Equities Financials Australia AUD 103,186 $975,108 $975,108
IAG AT INSURANCE AUSTRALIA GROUP LTD 3.0 Equities Financials Australia AUD 163,043 $950,541 $950,541
SUN AT SUNCORP GROUP LTD 2.6 Equities Financials Australia AUD 88,875 $822,983 $822,983
MPL AT MEDIBANK PVT LTD 1.8 Equities Financials Australia AUD 193,464 $588,131 $588,131
MFG AT MAGELLAN FINANCIAL GROUP LTD 1.7 Equities Financials Australia AUD 8,865 $553,619 $553,619
AMP AT AMP LTD 1.4 Equities Financials Australia AUD 241,121 $440,046 $440,046
BEN AT BENDIGO & ADELAIDE BANK LTD 0.8 Equities Financials Australia AUD 37,127 $259,889 $259,889
BOQ AT BANK OF QUEENSLAND LTD 0.6 Equities Financials Australia AUD 31,836 $197,065 $197,065
SDF AT STEADFAST GROUP LTD 0.6 Equities Financials Australia AUD 57,107 $194,735 $194,735
VUK AT VIRGIN MONEY UK PLC 0.5 Equities Financials Australia AUD 101,589 $176,257 $176,257
CGF AT CHALLENGER LTD 0.5 Equities Financials Australia AUD 35,813 $163,665 $163,665
NHF AT NIB HOLDINGS LTD/AUSTRALIA 0.5 Equities Financials Australia AUD 31,785 $153,204 $153,204
PDL AT PENDAL GROUP LTD 0.3 Equities Financials Australia AUD 18,500 $112,110 $112,110
PPT AT PERPETUAL LTD 0.3 Equities Financials Australia AUD 3,250 $103,513 $103,513
IFL AT IOOF HOLDINGS LTD 0.3 Equities Financials Australia AUD 20,281 $99,377 $99,377
JHG AT JANUS HENDERSON GROUP PLC 0.3 Equities Financials Australia AUD 2,782 $86,242 $86,242
TYR AT TYRO PAYMENTS LTD 0.3 Equities Information Technology Australia AUD 22,694 $82,379 $82,379
EML AT EML PAYMENTS LTD 0.2 Equities Information Technology Australia AUD 22,247 $79,422 $79,422
AUB AT AUB GROUP LTD 0.2 Equities Financials Australia AUD 5,126 $76,787 $76,787
PTM AT PLATINUM ASSET MANAGEMENT LTD 0.2 Equities Financials Australia AUD 20,352 $76,524 $76,524
CCP AT CREDIT CORP GROUP LTD 0.2 Equities Financials Australia AUD 4,340 $71,046 $71,046
GMA AT GENWORTH MORTGAGE INSURANCE AU 0.2 Equities Financials Australia AUD 28,462 $59,201 $59,201
AUD AUD - AUSTRALIA DOLLAR 0.2 Cash AUD 50,619 $50,619 $50,619
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* As at 3 July 2020

Sector Allocation

Diversified Banks
67.2%
Property & Casualty Insurance
9.0%
Diversified Capital Markets
8.9%
Financial Exchanges & Data
4.1%
Asset Management & Custody Banks
3.4%
Life & Health Insurance
2.4%
Other Diversified Financial Services
2.0%
Regional Banks
1.3%
Insurance Brokers
0.9%
Other
1.0%
* As of 31 May 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 5.24% 5.30%
3 months -21.78% -21.76%
6 months -23.57% -23.49%
1 year -22.40% -22.17%
3 year p.a -5.90% -5.64%
5 year p.a -2.89% -2.54%
Since inception (p.a) 5.23% 5.69%
Inception date 10-Dec-10 -
* As at 29 May 2020

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* (%) 7.0%
12 Mth Gross Distribution Yield* (%) 9.8%
Franking Level 95.2%
*As at 31 May 2020. 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)
2-Jan-20 3-Jan-20 17-Jan-20 $0.51797 5.89%
1-Jul-19 2-Jul-19 16-Jul-19 $0.06015 4.09%
2-Jan-19 3-Jan-19 17-Jan-19 $0.33006 4.06%
2-Jul-18 3-Jul-18 17-Jul-18 $0.15401 4.10%
2-Jan-18 3-Jan-18 17-Jan-18 $0.32308 3.93%
3-Jul-17 4-Jul-17 18-Jul-17 $0.12961 5.87%
3-Jan-17 4-Jan-17 18-Jan-17 $0.46549 5.39%
1-Jul-16 4-Jul-16 18-Jul-16 $0.11539 3.90%
4-Jan-16 6-Jan-16 19-Jan-16 $0.37807 4.37%
1-Jul-15 3-Jul-15 20-Jul-15 $0.12205 4.71%
2-Jan-15 6-Jan-15 19-Jan-15 $0.38561 4.41%
1-Jul-14 3-Jul-14 16-Jul-14 $0.08822 5.61%
14-Nov-13 18-Nov-13 16-Jan-14 $0.43152 -
1-Jul-13 3-Jul-13 16-Jul-13 $0.08044 6.88%
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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Portfolio Holdings
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Product Disclosure Statement - QFN & QRE
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Annual Report - June 2019
Download
NRWT and Fund Payment Notice information - December 2019 distributions
Download
NRWT and Fund Payment Notice information - June 2019 distributions
Download
Notice of Modifications to Fund Constitution – AMIT Tax Regime
Download
Interim Financial Report 2018
Download
2020 BetaShares Distribution Calendar
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LEARN MORE ABOUT QFN

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