Global Banks ETF - Currency Hedged | BetaShares
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OVERVIEW

Fund Objective

BNKS aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars.

Benefits of BNKS

Access global opportunities in the financial sector

Access a portfolio of the world’s largest banks outside of Australia, including J.P. Morgan, Wells Fargo and HSBC, in one ASX trade.

Spread financial sector risk

Investing in global banks enables you to spread your financial sector risk beyond the Australian banking sector.

Cost-effective

Passive, index-tracking approach means no ‘active manager’ fees, making BNKS a cost-effective investment for those seeking exposure to global banks outside of Australia.

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 1 June 2020

Current Price
Last Trade* -
% Change (prev day) -
Bid (delayed) -
Offer (delayed) -
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $4.70
* As at 28 May 2020

Profile

Net Assets* ($A) $20,758,541
Units Outstanding* (#) 4,418,859
Mgmt Costs** (% p.a.) 0.57%
Distribution Frequency Semi-annual
Distribution Reinvestment Plan (DRP) Full or partial participation available
Issuer BetaShares Capital Ltd
Fund Administrator RBC Investor Services
Custodian RBC Investor Services
Registry Link Market Services
Auditor KPMG
* As at 28 May 2020
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code BNKS
Bloomberg Code BNKS AU
IRESS Code BNKS.AXW
Trading Hours 10.00-16.00 (AEST)
iNAV IRESS Code N/A
Market Makers Deutsche Securities
SMSF Eligible Yes

Index Information

Index Nasdaq Global ex-Australia Banks Hedged AUD Index
Index Provider Nasdaq
Index Ticker N/A
Bloomberg Index Ticker NQXAUHBN Index
Index Methodology

Portfolio Holdings

Name Weight (%)
BANK OF AMERICA CORP 8.6
JPMORGAN CHASE & CO 8.6
CITIGROUP INC 5.0
WELLS FARGO & CO 5.0
ROYAL BANK OF CANADA 4.4
HSBC HOLDINGS PLC 4.1
TORONTO-DOMINION BANK/THE 3.9
CHINA CONSTRUCTION BANK CORP 3.9
MITSUBISHI UFJ FINANCIAL GROUP 2.8
PNC FINANCIAL SERVICES GROUP I 2.5
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 8.6 Equities Financials United States USD 47,983 $1,735,938 $1,735,938
JPM UN JPMORGAN CHASE & CO 8.6 Equities Financials United States USD 11,777 $1,718,944 $1,718,944
C UN CITIGROUP INC 5.0 Equities Financials United States USD 14,069 $1,011,018 $1,011,018
WFC UN WELLS FARGO & CO 5.0 Equities Financials United States USD 25,192 $1,000,198 $1,000,198
RY CT ROYAL BANK OF CANADA 4.4 Equities Financials Canada CAD 9,195 $892,067 $892,067
HSBA LN HSBC HOLDINGS PLC 4.1 Equities Financials Britain GBP 119,925 $822,281 $822,281
TD CT TORONTO-DOMINION BANK/THE 3.9 Equities Financials Canada CAD 12,136 $779,379 $779,379
939 HK CHINA CONSTRUCTION BANK CORP 3.9 Equities Financials China HKD 660,000 $777,763 $777,763
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.8 Equities Financials Japan JPY 90,900 $561,458 $561,458
PNC UN PNC FINANCIAL SERVICES GROUP I 2.5 Equities Financials United States USD 2,933 $501,694 $501,694
TFC UN TRUIST FINANCIAL CORP 2.5 Equities Financials United States USD 8,984 $495,622 $495,622
USB UN US BANCORP 2.5 Equities Financials United States USD 9,273 $494,597 $494,597
BNS CT BANK OF NOVA SCOTIA/THE 2.4 Equities Financials Canada CAD 8,119 $487,723 $487,723
UBSG SE UBS GROUP AG 2.1 Equities Financials Switzerland CHF 25,806 $414,473 $414,473
BNP FP BNP PARIBAS SA 2.1 Equities Financials France EUR 7,695 $413,188 $413,188
8316 JT SUMITOMO MITSUI FINANCIAL GROU 2.0 Equities Financials Japan JPY 9,100 $394,667 $394,667
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.9 Equities Financials China HKD 390,000 $377,329 $377,329
SAN SQ BANCO SANTANDER SA 1.8 Equities Financials Spain EUR 104,367 $354,000 $354,000
BMO CT BANK OF MONTREAL 1.6 Equities Financials Canada CAD 4,228 $312,680 $312,680
8411 JT MIZUHO FINANCIAL GROUP INC 1.5 Equities Financials Japan JPY 159,500 $298,303 $298,303
CM CT CANADIAN IMPERIAL BANK OF COMM 1.4 Equities Financials Canada CAD 2,943 $282,924 $282,924
3988 HK BANK OF CHINA LTD 1.4 Equities Financials China HKD 509,000 $278,734 $278,734
ISP IM INTESA SANPAOLO SPA 1.3 Equities Financials Italy EUR 101,864 $263,249 $263,249
INGA NA ING GROEP NV 1.2 Equities Financials Netherlands EUR 25,761 $248,990 $248,990
DBS SP DBS GROUP HOLDINGS LTD 1.2 Equities Financials Singapore SGD 12,000 $247,973 $247,973
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.2 Equities Financials Singapore SGD 26,500 $240,474 $240,474
LLOY LN LLOYDS BANKING GROUP PLC 1.2 Equities Financials Britain GBP 432,124 $239,130 $239,130
CSGN SE CREDIT SUISSE GROUP AG 1.1 Equities Financials Switzerland CHF 15,750 $215,338 $215,338
NDA SS NORDEA BANK ABP 1.1 Equities Financials Finland SEK 21,151 $214,097 $214,097
BARC LN BARCLAYS PLC 1.0 Equities Financials Britain GBP 95,065 $202,962 $202,962
UOB SP UNITED OVERSEAS BANK LTD 1.0 Equities Financials Singapore SGD 9,795 $202,720 $202,720
BBD UN BANCO BRADESCO SA 1.0 Equities Financials Brazil USD 37,213 $193,126 $193,126
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.0 Equities Financials Spain EUR 41,269 $191,883 $191,883
ITUB UN ITAU UNIBANCO HOLDING SA 0.9 Equities Financials Brazil USD 29,855 $190,316 $190,316
UCG IM UNICREDIT SPA 0.9 Equities Financials Italy EUR 14,027 $179,009 $179,009
BSBR UN BANCO SANTANDER BRASIL SA 0.9 Equities Financials Brazil USD 25,105 $176,981 $176,981
3968 HK CHINA MERCHANTS BANK CO LTD 0.9 Equities Financials China HKD 25,000 $175,603 $175,603
FRC UN FIRST REPUBLIC BANK/CA 0.8 Equities Financials United States USD 1,030 $167,114 $167,114
USD USD - UNITED STATES DOLLAR 0.8 Cash USD 109,564 $164,337 $164,337
DBK GY DEUTSCHE BANK AG 0.8 Equities Financials Germany EUR 12,980 $163,790 $163,790
NA CT NATIONAL BANK OF CANADA 0.7 Equities Financials Canada CAD 2,220 $144,938 $144,938
KBC BB KBC GROUP NV 0.7 Equities Financials Belgium EUR 1,845 $144,572 $144,572
SHBA SS SVENSKA HANDELSBANKEN AB 0.7 Equities Financials Sweden SEK 10,157 $144,008 $144,008
MTB UN M&T BANK CORP 0.6 Equities Financials United States USD 819 $129,797 $129,797
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.6 Equities Financials Sweden SEK 9,612 $124,937 $124,937
FITB UW FIFTH THIRD BANCORP 0.6 Equities Financials United States USD 4,223 $122,820 $122,820
STAN LN STANDARD CHARTERED PLC 0.6 Equities Financials Britain GBP 16,480 $112,478 $112,478
11 HK HANG SENG BANK LTD 0.5 Equities Financials Hong Kong HKD 4,800 $109,507 $109,507
GLE FP SOCIETE GENERALE SA 0.5 Equities Financials France EUR 4,965 $109,367 $109,367
ACA FP CREDIT AGRICOLE SA 0.5 Equities Financials France EUR 8,391 $109,291 $109,291
DNB NO DNB ASA 0.5 Equities Financials Norway NOK 5,277 $107,659 $107,659
KEY UN KEYCORP 0.5 Equities Financials United States USD 6,027 $107,125 $107,125
2388 HK BOC HONG KONG HOLDINGS LTD 0.5 Equities Financials China HKD 24,000 $100,312 $100,312
7182 JT JAPAN POST BANK CO LTD 0.5 Equities Financials Japan JPY 7,700 $95,292 $95,292
GBOOY UV GRUPO FINANCIERO BANORTE SAB D 0.4 Equities Financials Mexico USD 3,695 $84,519 $84,519
BDORY UV BANCO DO BRASIL SA 0.4 Equities Financials Brazil USD 9,442 $80,513 $80,513
MAY MK MALAYAN BANKING BHD 0.4 Equities Financials Malaysia MYR 28,800 $74,756 $74,756
SGD SGD - SINGAPORE DOLLAR 0.3 Cash SGD 62,797 $66,650 $66,650
FSR SJ FIRSTRAND LTD 0.3 Equities Financials South Africa ZAR 19,284 $66,122 $66,122
RBS LN ROYAL BANK OF SCOTLAND GROUP P 0.3 Equities Financials Britain GBP 30,381 $62,111 $62,111
JPY JPY - JAPANESE YEN 0.3 Cash JPY 4,072,320 $56,626 $56,626
CAD CAD - CANADA DOLLAR 0.3 Cash CAD 49,226 $53,600 $53,600
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 49,000 $44,564 $44,564
HKD HKD - HONG KONG DOLLAR 0.2 Cash HKD 160,520 $31,061 $31,061
EUR EUR - EURO 0.1 Cash EUR 15,258 $25,400 $25,400
GBP GBP - BRITISH POUND 0.1 Cash GBP 12,680 $23,492 $23,492
CHF CHF - SWISS FRANC 0.0 Cash CHF 3,543 $5,525 $5,525
ZAR ZAR - SOUTH AFRICA RAND 0.0 Cash ZAR 11,233 $960 $960
NOK NOK - NORWEGIAN KRONE 0.0 Cash NOK 3,884 $599 $599
SEK SEK - SWEDISH KRONA 0.0 Cash SEK 1,594 $254 $254
DKK DKK - DANISH KRONE 0.0 Cash DKK 856 $191 $191
KRW KRW - KOREAN WON Cash KRW 2 $0 $0
MYR MYR - MALAYSIAN RINGGIT Cash MYR 5 $2 $2
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 21,063,232 $21,063,232
CAD CAD - CANADA DOLLAR FX Forwards CAD -2,791,824 -$3,039,878
CHF CHF - SWISS FRANC FX Forwards CHF -409,918 -$639,199
EUR EUR - EURO FX Forwards EUR -1,399,723 -$2,330,153
GBP GBP - BRITISH POUND FX Forwards GBP -855,468 -$1,584,875
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -9,675,169 -$1,872,166
JPY JPY - JAPANESE YEN FX Forwards JPY -97,368,037 -$1,353,913
SEK SEK - SWEDISH KRONA FX Forwards SEK -3,095,002 -$492,278
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -655,478 -$695,689
USD USD - UNITED STATES DOLLAR FX Forwards USD -5,821,855 -$8,732,346
AUD AUD - AUSTRALIA DOLLAR -1.6 Cash AUD -326,613 -$326,613 -$326,613
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* As at 29 May 2020

Sector Allocation

Financials
100.0%
* As of 30 April 2020

Country Allocation

United States
38.6%
Canada
14.3%
China
9.3%
Britain
8.0%
Japan
6.5%
Singapore
3.6%
Brazil
3.2%
Switzerland
3.2%
France
2.9%
Other
10.3%
* As of 30 April 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 3.16% 4.15%
3 months -29.15% -27.95%
6 months -30.22% -28.68%
1 year -30.83% -29.15%
3 year p.a -9.38% -8.18%
5 year p.a - -2.90%
Since inception (p.a) 0.25% 1.33%
Inception date 28-Jul-16 -
* As at 30 April 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* (%) 2.7%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 30 April 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. 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 $0.12469 2.10%
2-Jan-19 3-Jan-19 17-Jan-19 $0.08651 3.78%
2-Jul-18 3-Jul-18 17-Jul-18 $0.2187 3.81%
2-Jan-18 3-Jan-18 17-Jan-18 $0.04695 2.52%
3-Jul-17 4-Jul-17 18-Jul-17 $0.10714 -
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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: BNKS

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RESOURCES

Factsheet - BNKS
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Fund Flyer - BNKS
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Portfolio Holdings
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The Investment Case for BNKS
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Product Disclosure Statement - Global Sector Series
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Annual Report - June 2019
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Index Methodology
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Interim Financial Report 2018
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NRWT and Fund Payment Notice information - December 2019 distributions
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2020 BetaShares Distribution Calendar
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