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 Bank of America, RBC 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 13 April 2021

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* $6.49
* As at 12 April 2021

Profile

Net Assets* ($A) $71,576,726
Units Outstanding* (#) 11,021,084
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 12 April 2021
**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

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 7.9
WELLS FARGO & CO 5.9
CITIGROUP INC 5.3
ROYAL BANK OF CANADA 4.7
TORONTO-DOMINION BANK/THE 4.1
HSBC HOLDINGS PLC 3.6
CHINA CONSTRUCTION BANK CORP 2.9
US BANCORP 2.8
TRUIST FINANCIAL CORP 2.7
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 117,238 $6,160,223 $6,160,223
JPM UN JPMORGAN CHASE & CO 7.9 Equities Financials United States USD 27,650 $5,655,847 $5,655,847
WFC UN WELLS FARGO & CO 5.9 Equities Financials United States USD 78,886 $4,218,497 $4,218,497
C UN CITIGROUP INC 5.3 Equities Financials United States USD 39,830 $3,797,538 $3,797,538
RY CT ROYAL BANK OF CANADA 4.7 Equities Financials Canada CAD 27,174 $3,336,177 $3,336,177
TD CT TORONTO-DOMINION BANK/THE 4.1 Equities Financials Canada CAD 33,392 $2,914,566 $2,914,566
HSBA LN HSBC HOLDINGS PLC 3.6 Equities Financials Britain GBP 331,150 $2,582,324 $2,582,324
939 HK CHINA CONSTRUCTION BANK CORP 2.9 Equities Financials China HKD 1,885,000 $2,054,409 $2,054,409
USB UN US BANCORP 2.8 Equities Financials United States USD 26,145 $1,978,022 $1,978,022
TFC UN TRUIST FINANCIAL CORP 2.7 Equities Financials United States USD 24,222 $1,912,280 $1,912,280
BNS CT BANK OF NOVA SCOTIA/THE 2.7 Equities Financials Canada CAD 23,189 $1,900,297 $1,900,297
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.5 Equities Financials Japan JPY 259,800 $1,816,419 $1,816,419
PNC UN PNC FINANCIAL SERVICES GROUP I 2.5 Equities Financials United States USD 7,623 $1,807,863 $1,807,863
BNP FP BNP PARIBAS SA 2.3 Equities Financials France EUR 20,558 $1,651,965 $1,651,965
BMO CT BANK OF MONTREAL 2.1 Equities Financials Canada CAD 12,375 $1,495,129 $1,495,129
SAN SQ BANCO SANTANDER SA 2.0 Equities Financials Spain EUR 315,092 $1,431,677 $1,431,677
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.7 Equities Financials Japan JPY 26,300 $1,224,811 $1,224,811
INGA NA ING GROEP NV 1.7 Equities Financials Netherlands EUR 74,607 $1,209,522 $1,209,522
ISP IM INTESA SANPAOLO SPA 1.6 Equities Financials Italy EUR 330,767 $1,168,462 $1,168,462
CM CT CANADIAN IMPERIAL BANK OF COMM 1.6 Equities Financials Canada CAD 8,566 $1,113,097 $1,113,097
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 1,287,383 $1,030,250 $1,030,250
DBS SP DBS GROUP HOLDINGS LTD 1.3 Equities Financials Singapore SGD 34,200 $959,888 $959,888
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.3 Equities Financials China HKD 1,029,000 $953,083 $953,083
BARC LN BARCLAYS PLC 1.3 Equities Financials Britain GBP 275,611 $934,520 $934,520
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.2 Equities Financials Singapore SGD 76,200 $879,632 $879,632
8411 JT MIZUHO FINANCIAL GROUP INC 1.2 Equities Financials Japan JPY 46,100 $857,327 $857,327
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.2 Equities Financials Spain EUR 120,672 $844,270 $844,270
NDA SS NORDEA BANK ABP 1.1 Equities Financials Finland SEK 61,196 $817,307 $817,307
FRC UN FIRST REPUBLIC BANK/CA 1.1 Equities Financials United States USD 3,327 $755,470 $755,470
3988 HK BANK OF CHINA LTD 1.1 Equities Financials China HKD 1,487,000 $752,619 $752,619
DFS UN DISCOVER FINANCIAL SERVICES 1.0 Equities Financials United States USD 5,514 $726,497 $726,497
3968 HK CHINA MERCHANTS BANK CO LTD 1.0 Equities Financials China HKD 72,000 $723,972 $723,972
UOB SP UNITED OVERSEAS BANK LTD 1.0 Equities Financials Singapore SGD 27,795 $707,519 $707,519
DBK GY DEUTSCHE BANK AG 0.9 Equities Financials Germany EUR 39,532 $642,001 $642,001
SANB11 BS BANCO SANTANDER BRASIL SA 0.9 Equities Financials Brazil BRL 72,300 $641,322 $641,322
SIVB UW SVB FINANCIAL GROUP 0.9 Equities Financials United States USD 942 $618,589 $618,589
FITB UW FIFTH THIRD BANCORP 0.8 Equities Financials United States USD 11,657 $594,012 $594,012
NA CT NATIONAL BANK OF CANADA 0.8 Equities Financials Canada CAD 6,442 $583,802 $583,802
ITUB4 BS ITAU UNIBANCO HOLDING SA 0.8 Equities Financials Brazil BRL 86,200 $538,269 $538,269
UCG IM UNICREDIT SPA 0.7 Equities Financials Italy EUR 38,513 $519,886 $519,886
KBC BB KBC GROUP NV 0.7 Equities Financials Belgium EUR 5,340 $518,729 $518,729
BBDC4 BS BANCO BRADESCO SA 0.7 Equities Financials Brazil BRL 84,800 $498,881 $498,881
MTB UN M&T BANK CORP 0.7 Equities Financials United States USD 2,289 $469,029 $469,029
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.6 Equities Financials Sweden SEK 27,810 $462,039 $462,039
KEY UN KEYCORP 0.6 Equities Financials United States USD 16,121 $440,663 $440,663
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 22,315 $436,884 $436,884
SHBA SS SVENSKA HANDELSBANKEN AB 0.6 Equities Financials Sweden SEK 29,387 $435,819 $435,819
SWEDA SS SWEDBANK AB 0.6 Equities Financials Sweden SEK 17,754 $429,631 $429,631
STAN LN STANDARD CHARTERED PLC 0.6 Equities Financials Britain GBP 47,085 $421,795 $421,795
DNB NO DNB ASA 0.5 Equities Financials Norway NOK 13,641 $382,029 $382,029
11 HK HANG SENG BANK LTD 0.5 Equities Financials Hong Kong HKD 13,900 $355,045 $355,045
NWG LN NATWEST GROUP PLC 0.4 Equities Financials Britain GBP 88,158 $315,957 $315,957
2388 HK BOC HONG KONG HOLDINGS LTD 0.4 Equities Financials China HKD 69,000 $313,726 $313,726
PBK MK PUBLIC BANK BHD 0.4 Equities Financials Malaysia MYR 233,900 $312,649 $312,649
7182 JT JAPAN POST BANK CO LTD 0.4 Equities Financials Japan JPY 22,400 $267,779 $267,779
FSR SJ FIRSTRAND LTD 0.3 Equities Financials South Africa ZAR 51,500 $233,090 $233,090
MAY MK MALAYAN BANKING BHD 0.3 Equities Financials Malaysia MYR 72,000 $190,196 $190,196
BBAS3 BS BANCO DO BRASIL SA 0.3 Equities Financials Brazil BRL 27,400 $185,199 $185,199
BBDC3 BS BANCO BRADESCO SA 0.2 Equities Financials Brazil BRL 24,600 $127,335 $127,335
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 141,000 $117,752 $117,752
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 70,177,161 $70,177,161
BRL BRL - BRAZILIAN REAL FX Forwards BRL -9,062,653 -$2,072,932
CAD CAD - CANADA DOLLAR FX Forwards CAD -10,468,841 -$10,930,091
EUR EUR - EURO FX Forwards EUR -5,347,501 -$8,356,776
GBP GBP - BRITISH POUND FX Forwards GBP -2,839,456 -$5,118,996
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -31,989,717 -$5,397,013
JPY JPY - JAPANESE YEN FX Forwards JPY -364,915,061 -$4,375,480
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -1,593,004 -$505,780
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -2,482,808 -$383,844
SEK SEK - SWEDISH KRONA FX Forwards SEK -13,807,577 -$2,112,348
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -2,606,641 -$2,550,030
USD USD - UNITED STATES DOLLAR FX Forwards USD -21,529,091 -$28,238,577
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -2,670,458 -$240,337
Download CSV
* As at 12 April 2021. Excludes cash

Sector Allocation

Diversified Banks
88.7%
Regional Banks
9.1%
Consumer Finance
1.0%
Diversified Capital Markets
0.9%
Other Diversified Financial Services
0.3%
* As of 31 March 2021

Country Allocation

United States
40.3%
Canada
15.9%
Britain
7.4%
China
7.1%
Japan
6.0%
Singapore
3.6%
Spain
3.2%
Brazil
3.0%
France
2.9%
Other
10.7%
* As of 31 March 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 7.08% 6.96%
3 months 17.21% 17.54%
6 months 46.05% 46.57%
1 year 45.97% 48.52%
3 year p.a -1.69% -0.32%
5 year p.a - 8.98%
Since inception (p.a) 7.93% 8.96%
Inception date 28-Jul-16 -
* As at 31 March 2021

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* (%) 1.0%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 March 2021. 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)
4-Jan-21 5-Jan-21 19-Jan-21 $0.06186 1.03%
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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Product Disclosure Statement Update - 8 March 2021
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Annual Report - June 2020
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NRWT and Fund Payment Notice information - December 2020 distributions
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2020 BetaShares Distribution Calendar
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Interim Financial Report - December 2020
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