Global Banks ETF - Currency Hedged

OVERVIEW

About

Provides simple, cost-effective and transparent exposure to the largest global banks

Tactical exposure to the global banking sector, excluding Australia
A core component of a global equities allocation providing transparency and diversification benefits

Advantages

Access – simple way to access a diversified portfolio of the world’s largest banks
Reduced currency risk – foreign currency exposure hedged to the Australian dollar
Diversification – with a single trade, investors can get exposure to a diversified portfolio of banks from a broad range of global locations
Cost effective – Fund aims to track the performance of an index (no ‘active manager’ fees)
Large company exposure – strategy invests only in the most significant global banks
No W-8 BEN forms and no US estate tax implications for investors – simplified tax administration, unlike cross-listed alternatives
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 24 September 2019

Current Price
Last Trade*	$6.46
% Change (prev day)	0.31%
Bid (delayed)	$6.35
Offer (delayed)	$6.60

*Data is delayed by at least 20 minutes.

Download NAV history

NAV
NAV/Unit *	$6.49

* As at 19 September 2019

Profile

Net Assets* ($A)	$46,835,043
Units Outstanding* (#)	7,216,025
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 19 September 2019

**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 Methodology

Portfolio Holdings

Top 10 All

Name	Weight (%)
JPMORGAN CHASE & CO	8.6
BANK OF AMERICA CORP	8.5
WELLS FARGO & CO	7.1
CITIGROUP INC	5.4
HSBC HOLDINGS PLC	4.9
ROYAL BANK OF CANADA	4.1
TORONTO-DOMINION BANK/THE	3.8
US BANCORP	2.9
CHINA CONSTRUCTION BANK CORP	2.7
MITSUBISHI UFJ FINANCIAL GROUP	2.6

Ticker	Name	Weight (%)	Asset Class	Sector	Country	Currency	Shares/Unit (#)	Market Value (AUD)	Notional Value (AUD)
JPM UN	JPMORGAN CHASE & CO	8.6	Equities	Financials	United States	USD	22,834	$4,012,655	$4,012,655
BAC UN	BANK OF AMERICA CORP	8.5	Equities	Financials	United States	USD	90,960	$3,977,988	$3,977,988
WFC UN	WELLS FARGO & CO	7.1	Equities	Financials	United States	USD	46,520	$3,343,582	$3,343,582
C UN	CITIGROUP INC	5.4	Equities	Financials	United States	USD	24,462	$2,507,301	$2,507,301
HSBA LN	HSBC HOLDINGS PLC	4.9	Equities	Financials	Britain	GBP	200,262	$2,273,598	$2,273,598
RY CT	ROYAL BANK OF CANADA	4.1	Equities	Financials	Canada	CAD	16,100	$1,937,312	$1,937,312
TD CT	TORONTO-DOMINION BANK/THE	3.8	Equities	Financials	Canada	CAD	20,809	$1,776,140	$1,776,140
USB UN	US BANCORP	2.9	Equities	Financials	United States	USD	16,675	$1,366,335	$1,366,335
939 HK	CHINA CONSTRUCTION BANK CORP	2.7	Equities	Financials	China	HKD	1,122,000	$1,263,337	$1,263,337
8306 JT	MITSUBISHI UFJ FINANCIAL GROUP	2.6	Equities	Financials	Japan	JPY	155,600	$1,211,857	$1,211,857
BNS CT	BANK OF NOVA SCOTIA/THE	2.5	Equities	Financials	Canada	CAD	13,917	$1,159,491	$1,159,491
SAN SQ	BANCO SANTANDER SA	2.3	Equities	Financials	Spain	EUR	175,610	$1,075,222	$1,075,222
PNC UN	PNC FINANCIAL SERVICES GROUP I	2.1	Equities	Financials	United States	USD	4,831	$1,005,899	$1,005,899
BNP FP	BNP PARIBAS SA	2.0	Equities	Financials	France	EUR	12,379	$913,055	$913,055
BMO CT	BANK OF MONTREAL	1.7	Equities	Financials	Canada	CAD	7,272	$790,907	$790,907
8316 JT	SUMITOMO MITSUI FINANCIAL GROU	1.7	Equities	Financials	Japan	JPY	15,100	$788,654	$788,654
LLOY LN	LLOYDS BANKING GROUP PLC	1.6	Equities	Financials	Britain	GBP	751,136	$768,964	$768,964
UBSG SW	UBS GROUP AG	1.5	Equities	Financials	Switzerland	CHF	41,701	$710,671	$710,671
INGA NA	ING GROEP NV	1.5	Equities	Financials	Netherlands	EUR	44,360	$702,854	$702,854
BBD UN	BANCO BRADESCO SA	1.5	Equities	Financials	Brazil	USD	56,761	$682,038	$682,038
1398 HK	INDUSTRIAL & COMMERCIAL BANK O	1.5	Equities	Financials	China	HKD	682,000	$679,157	$679,157
8411 JT	MIZUHO FINANCIAL GROUP INC	1.4	Equities	Financials	Japan	JPY	289,100	$675,716	$675,716
BSBR UN	BANCO SANTANDER BRASIL SA	1.4	Equities	Financials	Brazil	USD	43,150	$675,375	$675,375
ISP IM	INTESA SANPAOLO SPA	1.4	Equities	Financials	Italy	EUR	185,393	$653,902	$653,902
BBT UN	BB&T CORP	1.4	Equities	Financials	United States	USD	8,284	$641,808	$641,808
ITUB US	ITAU UNIBANCO HOLDING SA	1.3	Equities	Financials	Brazil	USD	51,112	$630,024	$630,024
CM CT	CANADIAN IMPERIAL BANK OF COMM	1.3	Equities	Financials	Canada	CAD	5,062	$626,882	$626,882
BBVA SQ	BANCO BILBAO VIZCAYA ARGENTARI	1.2	Equities	Financials	Spain	EUR	71,071	$567,087	$567,087
DBS SP	DBS GROUP HOLDINGS LTD	1.2	Equities	Financials	Singapore	SGD	20,400	$550,848	$550,848
CSGN SW	CREDIT SUISSE GROUP AG	1.1	Equities	Financials	Switzerland	CHF	27,124	$520,511	$520,511
3988 HK	BANK OF CHINA LTD	1.1	Equities	Financials	China	HKD	876,000	$513,827	$513,827
OCBC SP	OVERSEA-CHINESE BANKING CORP L	1.1	Equities	Financials	Singapore	SGD	43,100	$506,705	$506,705
BARC LN	BARCLAYS PLC	1.0	Equities	Financials	Britain	GBP	162,918	$455,316	$455,316
UCG IM	UNICREDIT SPA	0.9	Equities	Financials	Italy	EUR	24,155	$439,361	$439,361
UOB SP	UNITED OVERSEAS BANK LTD	0.9	Equities	Financials	Singapore	SGD	15,095	$417,487	$417,487
NDA SS	NORDEA BANK ABP	0.8	Equities	Financials	Finland	SEK	36,426	$387,363	$387,363
STAN LN	STANDARD CHARTERED PLC	0.8	Equities	Financials	Britain	GBP	29,557	$375,138	$375,138
GLE FP	SOCIETE GENERALE SA	0.7	Equities	Financials	France	EUR	8,094	$345,587	$345,587
MTB UN	M&T BANK CORP	0.7	Equities	Financials	United States	USD	1,384	$319,715	$319,715
KBC BB	KBC GROUP NV	0.7	Equities	Financials	Belgium	EUR	3,174	$315,178	$315,178
3968 HK	CHINA MERCHANTS BANK CO LTD	0.6	Equities	Financials	China	HKD	43,000	$299,259	$299,259
SBK SJ	STANDARD BANK GROUP LTD	0.6	Equities	Financials	South Africa	ZAR	15,297	$273,592	$273,592
11 HK	HANG SENG BANK LTD	0.6	Equities	Financials	Hong Kong	HKD	8,300	$269,095	$269,095
ACA FP	CREDIT AGRICOLE SA	0.6	Equities	Financials	France	EUR	14,359	$263,751	$263,751
DNB NO	DNB ASA	0.5	Equities	Financials	Norway	NOK	9,404	$252,524	$252,524
SHBA SS	SVENSKA HANDELSBANKEN AB	0.5	Equities	Financials	Sweden	SEK	17,220	$245,142	$245,142
055550 KP	SHINHAN FINANCIAL GROUP CO LTD	0.5	Equities	Financials	South Korea	KRW	4,589	$243,378	$243,378
BDORY UV	BANCO DO BRASIL SA	0.5	Equities	Financials	Brazil	USD	13,667	$235,526	$235,526
SEBA SS	SKANDINAVISKA ENSKILDA BANKEN	0.5	Equities	Financials	Sweden	SEK	16,553	$232,267	$232,267
SWEDA SS	SWEDBANK AB	0.5	Equities	Financials	Sweden	SEK	10,568	$225,329	$225,329
FSR SJ	FIRSTRAND LTD	0.5	Equities	Financials	South Africa	ZAR	33,209	$212,619	$212,619
2388 HK	BOC HONG KONG HOLDINGS LTD	0.4	Equities	Financials	China	HKD	41,000	$208,012	$208,012
PBK MK	PUBLIC BANK BHD	0.4	Equities	Financials	Malaysia	MYR	29,200	$207,601	$207,601
RBS LN	ROYAL BANK OF SCOTLAND GROUP P	0.4	Equities	Financials	Britain	GBP	52,310	$205,968	$205,968
7182 JT	JAPAN POST BANK CO LTD	0.4	Equities	Financials	Japan	JPY	13,300	$198,104	$198,104
CABK SQ	CAIXABANK SA	0.3	Equities	Financials	Spain	EUR	40,859	$159,617	$159,617
ABN NA	ABN AMRO GROUP NV	0.3	Equities	Financials	Netherlands	EUR	5,040	$153,350	$153,350
MAY MK	MALAYAN BANKING BHD	0.3	Equities	Financials	Malaysia	MYR	49,100	$151,165	$151,165
3328 HK	BANK OF COMMUNICATIONS CO LTD	0.2	Equities	Financials	China	HKD	84,000	$82,699	$82,699
GBP	GBP - British Pound	0.1	Cash			GBP	34,230	$63,129	$63,129
USD	USD - United States Dollar	0.0	Cash			USD	14,199	$20,986	$20,986
SGD	SGD - Singapore Dollar	0.0	Cash			SGD	12,184	$13,081	$13,081
ZAR	ZAR - South Africa Rand	0.0	Cash			ZAR	67,373	$6,667	$6,667
HKD	HKD - Hong Kong Dollar	0.0	Cash			HKD	24,607	$4,641	$4,641
MYR	MYR - Malaysian Ringgit	0.0	Cash			MYR	12,275	$4,329	$4,329
DKK	DKK - Danish Krone	0.0	Cash			DKK	4,869	$1,062	$1,062
EUR	EUR - Euro	0.0	Cash			EUR	593	$966	$966
CAD	CAD - Canada Dollar	0.0	Cash			CAD	642	$716	$716
CHF	CHF - Swiss Franc	0.0	Cash			CHF	445	$664	$664
NOK	NOK - Norwegian Krone	0.0	Cash			NOK	2,804	$458	$458
JPY	JPY - Japanese Yen	0.0	Cash			JPY	12,540	$172	$172
SEK	SEK - Swedish Krona	0.0	Cash			SEK	516	$79	$79
KRW	KRW - Korean Won		Cash			KRW	2	$0	$0
AUD	AUD - Australia Dollar		FX Forwards			AUD	42,119,356		$42,119,356
CAD	CAD - Canada Dollar		FX Forwards			CAD	-5,251,832		-$5,853,580
CHF	CHF - Swiss Franc		FX Forwards			CHF	-746,045		-$1,112,836
EUR	EUR - Euro		FX Forwards			EUR	-3,104,821		-$5,055,888
GBP	GBP - British Pound		FX Forwards			GBP	-2,063,301		-$3,805,214
HKD	HKD - Hong Kong Dollar		FX Forwards			HKD	-16,811,004		-$3,170,631
JPY	JPY - Japanese Yen		FX Forwards			JPY	-190,879,755		-$2,622,839
SEK	SEK - Swedish Krona		FX Forwards			SEK	-6,397,218		-$974,636
SGD	SGD - Singapore Dollar		FX Forwards			SGD	-1,328,440		-$1,426,283
USD	USD - United States Dollar		FX Forwards			USD	-12,184,665		-$18,008,668
AUD	AUD - Australia Dollar	0.0	Cash			AUD	-4,976	-$4,976	-$4,976

Download CSV

* As at 20 September 2019

Sector Allocation

Financials

100.0%

* As of 31 August 2019

Country Allocation

United States	36.8%
Canada	13.4%
Britain	8.5%
China	6.7%
Japan	6.1%
Brazil	5.0%
Spain	3.7%
Singapore	3.3%
France	3.1%
Other	13.4%

* As of 31 August 2019

PERFORMANCE

Fund Returns After Fees (%)

	Fund	Index
1 month	-6.60%	-6.12%
3 months	-2.10%	-1.72%
6 months	-6.66%	-6.06%
1 year	-10.93%	-10.44%
3 year p.a	6.57%	7.26%
5 year p.a	-	3.30%
Since inception (p.a)	9.21%	9.89%
Inception date	28-Jul-16	-

* As at 30 August 2019

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	Semi-Annual
12 Mth Distribution Yield* (%)	1.4%
12 Mth Gross Distribution Yield* (%)	-
Franking Level	-

*As at 31 August 2019. 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-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	-

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

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