BNKS ETF | 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 23 September 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 * $4.46
* As at 21 September 2020

Profile

Net Assets* ($A) $25,943,651
Units Outstanding* (#) 5,818,859
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 21 September 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 8.1
ROYAL BANK OF CANADA 5.9
WELLS FARGO & CO 5.3
CITIGROUP INC 5.3
TORONTO-DOMINION BANK/THE 4.8
CHINA CONSTRUCTION BANK CORP 3.9
HSBC HOLDINGS PLC 3.6
MITSUBISHI UFJ FINANCIAL GROUP 3.3
BANK OF NOVA SCOTIA/THE 2.9
US BANCORP 2.9
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 8.1 Equities Financials United States USD 64,232 $2,145,847 $2,145,847
RY CT ROYAL BANK OF CANADA 5.9 Equities Financials Canada CAD 15,711 $1,554,128 $1,554,128
WFC UN WELLS FARGO & CO 5.3 Equities Financials United States USD 42,750 $1,410,881 $1,410,881
C UN CITIGROUP INC 5.3 Equities Financials United States USD 22,980 $1,388,228 $1,388,228
TD CT TORONTO-DOMINION BANK/THE 4.8 Equities Financials Canada CAD 19,911 $1,272,132 $1,272,132
939 HK CHINA CONSTRUCTION BANK CORP 3.9 Equities Financials China HKD 1,091,000 $1,033,360 $1,033,360
HSBA LN HSBC HOLDINGS PLC 3.6 Equities Financials Britain GBP 187,004 $954,146 $954,146
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 3.3 Equities Financials Japan JPY 150,300 $881,756 $881,756
BNS CT BANK OF NOVA SCOTIA/THE 2.9 Equities Financials Canada CAD 13,409 $763,758 $763,758
USB UN US BANCORP 2.9 Equities Financials United States USD 15,173 $753,568 $753,568
TFC UN TRUIST FINANCIAL CORP 2.7 Equities Financials United States USD 14,021 $709,268 $709,268
PNC UN PNC FINANCIAL SERVICES GROUP I 2.6 Equities Financials United States USD 4,699 $690,883 $690,883
BNP FP BNP PARIBAS SA 2.4 Equities Financials France EUR 11,897 $626,137 $626,137
8316 JT SUMITOMO MITSUI FINANCIAL GROU 2.4 Equities Financials Japan JPY 15,200 $625,867 $625,867
BMO CT BANK OF MONTREAL 2.2 Equities Financials Canada CAD 7,117 $582,497 $582,497
ISP IM INTESA SANPAOLO SPA 2.0 Equities Financials Italy EUR 200,435 $537,527 $537,527
CM CT CANADIAN IMPERIAL BANK OF COMM 2.0 Equities Financials Canada CAD 4,931 $526,921 $526,921
8411 JT MIZUHO FINANCIAL GROUP INC 1.9 Equities Financials Japan JPY 267,000 $495,397 $495,397
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.9 Equities Financials China HKD 653,000 $489,156 $489,156
SAN SQ BANCO SANTANDER SA 1.7 Equities Financials Spain EUR 174,745 $445,397 $445,397
INGA NA ING GROEP NV 1.6 Equities Financials Netherlands EUR 43,175 $419,126 $419,126
DBS SP DBS GROUP HOLDINGS LTD 1.5 Equities Financials Singapore SGD 19,800 $399,603 $399,603
3988 HK BANK OF CHINA LTD 1.4 Equities Financials China HKD 852,000 $380,480 $380,480
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.4 Equities Financials Singapore SGD 43,400 $373,166 $373,166
NDA SS NORDEA BANK ABP 1.4 Equities Financials Finland SEK 35,414 $365,916 $365,916
LLOY LN LLOYDS BANKING GROUP PLC 1.2 Equities Financials Britain GBP 744,357 $321,321 $321,321
UOB SP UNITED OVERSEAS BANK LTD 1.2 Equities Financials Singapore SGD 16,095 $312,817 $312,817
ITUB4 BS ITAU UNIBANCO HOLDING SA 1.1 Equities Financials Brazil BRL 49,900 $294,046 $294,046
SANB11 BS BANCO SANTANDER BRASIL SA 1.1 Equities Financials Brazil BRL 41,900 $293,827 $293,827
3968 HK CHINA MERCHANTS BANK CO LTD 1.1 Equities Financials China HKD 41,500 $286,212 $286,212
FRC UN FIRST REPUBLIC BANK/CA 1.0 Equities Financials United States USD 1,906 $274,490 $274,490
NA CT NATIONAL BANK OF CANADA 1.0 Equities Financials Canada CAD 3,715 $263,888 $263,888
BARC LN BARCLAYS PLC 1.0 Equities Financials Britain GBP 159,371 $260,487 $260,487
UCG IM UNICREDIT SPA 1.0 Equities Financials Italy EUR 22,287 $253,523 $253,523
BBDC4 BS BANCO BRADESCO SA 0.9 Equities Financials Brazil BRL 49,100 $249,251 $249,251
DBK GY DEUTSCHE BANK AG 0.9 Equities Financials Germany EUR 21,733 $247,043 $247,043
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 0.9 Equities Financials Spain EUR 69,832 $246,385 $246,385
DFS UN DISCOVER FINANCIAL SERVICES 0.9 Equities Financials United States USD 3,154 $239,961 $239,961
SWEDA SS SWEDBANK AB 0.8 Equities Financials Sweden SEK 10,275 $222,725 $222,725
KBC BB KBC GROUP NV 0.8 Equities Financials Belgium EUR 3,088 $216,442 $216,442
SHBA SS SVENSKA HANDELSBANKEN AB 0.8 Equities Financials Sweden SEK 17,005 $200,197 $200,197
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.7 Equities Financials Sweden SEK 16,093 $196,010 $196,010
FITB UW FIFTH THIRD BANCORP 0.7 Equities Financials United States USD 6,622 $185,834 $185,834
DNB NO DNB ASA 0.7 Equities Financials Norway NOK 9,010 $173,977 $173,977
STAN LN STANDARD CHARTERED PLC 0.6 Equities Financials Britain GBP 27,249 $166,683 $166,683
11 HK HANG SENG BANK LTD 0.6 Equities Financials Hong Kong HKD 8,000 $166,673 $166,673
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 12,453 $154,961 $154,961
2388 HK BOC HONG KONG HOLDINGS LTD 0.6 Equities Financials China HKD 40,000 $151,979 $151,979
7182 JT JAPAN POST BANK CO LTD 0.6 Equities Financials Japan JPY 13,000 $149,457 $149,457
PBK MK PUBLIC BANK BHD 0.5 Equities Financials Malaysia MYR 26,600 $141,522 $141,522
BBAS3 BS BANCO DO BRASIL SA 0.5 Equities Financials Brazil BRL 15,900 $125,007 $125,007
FSR SJ FIRSTRAND LTD 0.4 Equities Financials South Africa ZAR 29,803 $97,216 $97,216
MAY MK MALAYAN BANKING BHD 0.4 Equities Financials Malaysia MYR 39,800 $96,129 $96,129
NWG LN ROYAL BANK OF SCOTLAND GROUP P 0.3 Equities Financials Britain GBP 51,008 $87,441 $87,441
1658 HK POSTAL SAVINGS BANK OF CHINA C 0.3 Equities Financials China HKD 127,000 $73,409 $73,409
BBDC3 BS BANCO BRADESCO SA 0.3 Equities Financials Brazil BRL 14,200 $67,485 $67,485
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 81,000 $55,717 $55,717
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 27,655,366 $27,655,366
BRL BRL - BRAZILIAN REAL FX Forwards BRL -3,731,739 -$951,950
CAD CAD - CANADA DOLLAR FX Forwards CAD -4,250,483 -$4,457,769
CHF CHF - SWISS FRANC FX Forwards CHF -652,697 -$989,985
EUR EUR - EURO FX Forwards EUR -2,083,977 -$3,404,079
GBP GBP - BRITISH POUND FX Forwards GBP -1,023,728 -$1,819,346
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -13,235,140 -$2,383,250
JPY JPY - JAPANESE YEN FX Forwards JPY -140,395,580 -$1,865,995
MXN MXN - MEXICAN PESO FX Forwards MXN -2,103,226 -$135,106
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -246,117 -$82,562
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -1,091,599 -$163,017
SEK SEK - SWEDISH KRONA FX Forwards SEK -4,675,639 -$731,987
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -964,000 -$985,584
USD USD - UNITED STATES DOLLAR FX Forwards USD -7,200,017 -$10,047,470
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -1,065,650 -$88,518
Download CSV
* As at 22 September 2020. Excludes cash

Sector Allocation

Financials
100.0%
* As of 31 August 2020

Country Allocation

United States
34.7%
Canada
16.4%
China
7.6%
Britain
6.8%
Japan
6.6%
France
3.6%
Singapore
3.5%
Switzerland
3.5%
Brazil
3.3%
Other
14.2%
* As of 31 August 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 3.20% 3.42%
3 months 3.51% 3.79%
6 months -19.62% -18.09%
1 year -20.41% -18.43%
3 year p.a -9.37% -8.06%
5 year p.a - -1.44%
Since inception (p.a) 1.09% 2.17%
Inception date 28-Jul-16 -
* As at 31 August 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* (%) 2.6%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 August 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 2.13%
2-Jan-19 3-Jan-19 17-Jan-19 $0.08651 3.79%
2-Jul-18 3-Jul-18 17-Jul-18 $0.2187 3.80%
2-Jan-18 3-Jan-18 17-Jan-18 $0.04695 2.55%
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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Product Disclosure Statement - Global Sector Series
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Annual Report - June 2019
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NRWT and Fund Payment Notice information - December 2019 distributions
Download
2020 BetaShares Distribution Calendar
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
Download
Interim Financial Report 2018
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LEARN MORE ABOUT BNKS

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