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 25 March 2019

Current Price
Last Trade*	$6.40
% Change (prev day)	-0.62%
Bid (delayed)	$6.20
Offer (delayed)	$6.50

*Data is delayed by at least 20 minutes.

Download NAV history

NAV
NAV/Unit *	$6.48

* As at 20 March 2019

Profile

Net Assets* ($A)	$63,578,068
Units Outstanding* (#)	9,816,025
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 20 March 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	8.0
BANK OF AMERICA CORP	7.7
WELLS FARGO & CO	7.2
HSBC HOLDINGS PLC	5.1
CITIGROUP INC	4.8
ROYAL BANK OF CANADA	3.9
TORONTO-DOMINION BANK/THE	3.6
CHINA CONSTRUCTION BANK CORP	3.1
BANCO SANTANDER SA	2.6
US BANCORP	2.6

Ticker	Name	Weight (%)	Asset Class	Sector	Country	Currency	Shares/Unit (#)	Market Value (AUD)	Notional Value (AUD)
JPM UN	JPMORGAN CHASE & CO	8.0	Equities	Financials	United States	USD	34,746	$4,893,775	$4,893,775
BAC UN	BANK OF AMERICA CORP	7.7	Equities	Financials	United States	USD	124,695	$4,755,064	$4,755,064
WFC UN	WELLS FARGO & CO	7.2	Equities	Financials	United States	USD	64,864	$4,424,086	$4,424,086
HSBA LN	HSBC HOLDINGS PLC	5.1	Equities	Financials	Britain	GBP	276,249	$3,158,633	$3,158,633
C UN	CITIGROUP INC	4.8	Equities	Financials	United States	USD	34,264	$2,949,906	$2,949,906
RY CT	ROYAL BANK OF CANADA	3.9	Equities	Financials	Canada	CAD	22,491	$2,415,612	$2,415,612
TD CT	TORONTO-DOMINION BANK/THE	3.6	Equities	Financials	Canada	CAD	28,716	$2,234,708	$2,234,708
939 HK	CHINA CONSTRUCTION BANK CORP	3.1	Equities	Financials	China	HKD	1,544,000	$1,928,125	$1,928,125
SAN SQ	BANCO SANTANDER SA	2.6	Equities	Financials	Spain	EUR	238,766	$1,579,582	$1,579,582
USB UN	US BANCORP	2.6	Equities	Financials	United States	USD	23,015	$1,568,776	$1,568,776
8306 JT	MITSUBISHI UFJ FINANCIAL GROUP	2.6	Equities	Financials	Japan	JPY	214,000	$1,567,711	$1,567,711
BNS CT	BANK OF NOVA SCOTIA/THE	2.3	Equities	Financials	Canada	CAD	19,006	$1,426,899	$1,426,899
LLOY LN	LLOYDS BANKING GROUP PLC	2.0	Equities	Financials	Britain	GBP	1,059,215	$1,231,062	$1,231,062
PNC UN	PNC FINANCIAL SERVICES GROUP I	1.9	Equities	Financials	United States	USD	6,802	$1,144,518	$1,144,518
BNP FP	BNP PARIBAS SA	1.8	Equities	Financials	France	EUR	16,831	$1,117,904	$1,117,904
8316 JT	SUMITOMO MITSUI FINANCIAL GROU	1.7	Equities	Financials	Japan	JPY	20,600	$1,062,620	$1,062,620
BMO CT	BANK OF MONTREAL	1.7	Equities	Financials	Canada	CAD	9,912	$1,050,095	$1,050,095
1398 HK	INDUSTRIAL & COMMERCIAL BANK O	1.7	Equities	Financials	China	HKD	965,000	$1,034,908	$1,034,908
INGA NA	ING GROEP NV	1.6	Equities	Financials	Netherlands	EUR	60,240	$1,005,826	$1,005,826
BBD UN	BANCO BRADESCO SA	1.6	Equities	Financials	Brazil	USD	64,071	$954,326	$954,326
UBSG SW	UBS GROUP AG	1.6	Equities	Financials	Switzerland	CHF	56,662	$953,494	$953,494
BSBR UN	BANCO SANTANDER BRASIL SA	1.5	Equities	Financials	Brazil	USD	58,801	$918,999	$918,999
8411 JT	MIZUHO FINANCIAL GROUP INC	1.4	Equities	Financials	Japan	JPY	393,100	$886,350	$886,350
ISP IM	INTESA SANPAOLO SPA	1.4	Equities	Financials	Italy	EUR	252,062	$867,356	$867,356
ITUB US	ITAU UNIBANCO HOLDING SA	1.4	Equities	Financials	Brazil	USD	70,980	$862,823	$862,823
BBVA SQ	BANCO BILBAO VIZCAYA ARGENTARI	1.3	Equities	Financials	Spain	EUR	97,022	$803,176	$803,176
CM CT	CANADIAN IMPERIAL BANK OF COMM	1.3	Equities	Financials	Canada	CAD	6,848	$786,991	$786,991
3988 HK	BANK OF CHINA LTD	1.3	Equities	Financials	China	HKD	1,191,000	$784,370	$784,370
DBS SP	DBS GROUP HOLDINGS LTD	1.2	Equities	Financials	Singapore	SGD	27,500	$727,764	$727,764
BBT UN	BB&T CORP	1.2	Equities	Financials	United States	USD	11,366	$723,553	$723,553
OCBC SP	OVERSEA-CHINESE BANKING CORP L	1.1	Equities	Financials	Singapore	SGD	58,300	$679,223	$679,223
NDA SS	NORDEA BANK ABP	1.0	Equities	Financials	Finland	SEK	49,302	$622,813	$622,813
CSGN SW	CREDIT SUISSE GROUP AG	1.0	Equities	Financials	Switzerland	CHF	37,418	$608,920	$608,920
BARC LN	BARCLAYS PLC	1.0	Equities	Financials	Britain	GBP	206,711	$599,328	$599,328
UCG IM	UNICREDIT SPA	1.0	Equities	Financials	Italy	EUR	32,648	$592,842	$592,842
UOB SP	UNITED OVERSEAS BANK LTD	0.9	Equities	Financials	Singapore	SGD	20,395	$536,542	$536,542
GLE FP	SOCIETE GENERALE SA	0.7	Equities	Financials	France	EUR	11,080	$451,280	$451,280
STAN LN	STANDARD CHARTERED PLC	0.7	Equities	Financials	Britain	GBP	40,262	$434,522	$434,522
KBC BB	KBC GROUP NV	0.7	Equities	Financials	Belgium	EUR	4,294	$420,835	$420,835
MTB UN	M&T BANK CORP	0.7	Equities	Financials	United States	USD	1,932	$419,486	$419,486
11 HK	HANG SENG BANK LTD	0.6	Equities	Financials	Hong Kong	HKD	11,400	$393,033	$393,033
3968 HK	Equities	0.6	Equities			HKD	59,000	$392,810	$392,810
SWEDA SS	SWEDBANK AB	0.6	Equities	Financials	Sweden	SEK	14,543	$390,009	$390,009
SBK SJ	STANDARD BANK GROUP LTD	0.6	Equities	Financials	South Africa	ZAR	21,156	$377,142	$377,142
SHBA SS	SVENSKA HANDELSBANKEN AB	0.6	Equities	Financials	Sweden	SEK	23,758	$373,168	$373,168
055550 KP	Equities	0.6	Equities			KRW	6,686	$359,677	$359,677
DNB NO	DNB ASA	0.6	Equities	Financials	Norway	NOK	13,066	$350,421	$350,421
AUD	AUD - Australia Dollar	0.6	Cash			AUD	344,116	$344,116	$344,116
2388 HK	BOC HONG KONG HOLDINGS LTD	0.5	Equities	Financials	China	HKD	56,500	$335,499	$335,499
RBS LN	ROYAL BANK OF SCOTLAND GROUP P	0.5	Equities	Financials	Britain	GBP	72,128	$333,921	$333,921
ACA FP	CREDIT AGRICOLE SA	0.5	Equities	Financials	France	EUR	19,870	$333,228	$333,228
PBK MK	Equities	0.5	Equities			MYR	40,100	$331,929	$331,929
SEBA SS	SKANDINAVISKA ENSKILDA BANKEN	0.5	Equities	Financials	Sweden	SEK	22,905	$327,907	$327,907
BDORY UV	BANCO DO BRASIL SA	0.5	Equities	Financials	Brazil	USD	18,496	$320,148	$320,148
7182 JT	JAPAN POST BANK CO LTD	0.5	Equities	Financials	Japan	JPY	18,400	$298,334	$298,334
FSR SJ	FIRSTRAND LTD	0.4	Equities	Financials	South Africa	ZAR	45,953	$273,063	$273,063
CABK SQ	CAIXABANK SA	0.4	Equities	Financials	Spain	EUR	56,539	$252,698	$252,698
MAY MK	MALAYAN BANKING BHD	0.4	Equities	Financials	Malaysia	MYR	71,400	$230,115	$230,115
ABN NA	ABN AMRO GROUP NV	0.3	Equities	Financials	Netherlands	EUR	6,493	$202,032	$202,032
3328 HK	BANK OF COMMUNICATIONS CO LTD	0.2	Equities	Financials	China	HKD	116,000	$136,719	$136,719
GBP	GBP - British Pound	0.2	Cash			GBP	63,684	$118,787	$118,787
USD	USD - United States Dollar	0.1	Cash			USD	22,768	$32,145	$32,145
DKK	DKK - Danish Krone	0.0	Cash			DKK	45,454	$9,720	$9,720
HKD	HKD - Hong Kong Dollar	0.0	Cash			HKD	49,951	$8,988	$8,988
SGD	SGD - Singapore Dollar	0.0	Cash			SGD	3,529	$3,684	$3,684
CAD	CAD - Canada Dollar	0.0	Cash			CAD	3,006	$3,161	$3,161
EUR	EUR - Euro	0.0	Cash			EUR	1,691	$2,698	$2,698
JPY	JPY - Japanese Yen	0.0	Cash			JPY	141,503	$1,818	$1,818
SEK	SEK - Swedish Krona	0.0	Cash			SEK	9,359	$1,424	$1,424
CHF	CHF - Swiss Franc	0.0	Cash			CHF	877	$1,247	$1,247
NOK	NOK - Norwegian Krone	0.0	Cash			NOK	2,329	$384	$384
ZAR	ZAR - South Africa Rand	0.0	Cash			ZAR	2,664	$260	$260
KRW	KRW - Korean Won		Cash			KRW	80	$0	$0
AUD	AUD - Australia Dollar		FX Forwards			AUD	62,455,004		$62,455,004
CAD	CAD - Canada Dollar		FX Forwards			CAD	-7,688,563		-$8,085,564
CHF	CHF - Swiss Franc		FX Forwards			CHF	-1,188,167		-$1,688,697
EUR	EUR - Euro		FX Forwards			EUR	-5,261,713		-$8,395,904
GBP	GBP - British Pound		FX Forwards			GBP	-3,156,733		-$5,888,109
HKD	HKD - Hong Kong Dollar		FX Forwards			HKD	-26,682,184		-$4,801,199
JPY	JPY - Japanese Yen		FX Forwards			JPY	-297,422,337		-$3,821,190
SEK	SEK - Swedish Krona		FX Forwards			SEK	-11,198,794		-$1,704,457
SGD	SGD - Singapore Dollar		FX Forwards			SGD	-1,900,265		-$1,983,782
USD	USD - United States Dollar		FX Forwards			USD	-18,507,971		-$26,130,130
MYR	MYR - Malaysian Ringgit	-0.6	Cash			MYR	-982,928	-$340,998	-$340,998

Download CSV

* As at 22 March 2019

Sector Allocation

Financials

100.0%

* As of 28 February 2019

Country Allocation

United States	35.2%
Canada	12.7%
Britain	9.1%
China	6.8%
Japan	5.8%
Brazil	5.2%
Spain	4.3%
France	3.2%
Singapore	3.0%
Other	14.6%

* As of 28 February 2019

PERFORMANCE

Fund Returns After Fees (%)

	Fund	Index
1 month	1.52%	1.79%
3 months	-0.27%	-0.24%
6 months	-4.57%	-4.66%
1 year	-11.15%	-10.36%
3 year p.a	-	-
5 year p.a	-	-
Since inception (p.a)	14.09%	14.65%
Inception date	28-Jul-16	-

* As at 28 February 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* (%)	4.7%
12 Mth Gross Distribution Yield* (%)	-
Franking Level	-

* As of 28 February 2019. Yield figures are calculated by summing the prior 12 month fund per unit distributions divided by the fund closing NAV per unit at quarter-end. 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 - HJPN, HEUR, UMAX, WRLD, DRUG, MNRS, FUEL, BNKS and FOOD	Download

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