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 16 January 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 * $5.84
* As at 14 January 2021

Profile

Net Assets* ($A) $33,995,334
Units Outstanding* (#) 5,821,084
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 14 January 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
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 8.4
CITIGROUP INC 5.6
WELLS FARGO & CO 5.6
ROYAL BANK OF CANADA 5.1
TORONTO-DOMINION BANK/THE 4.5
HSBC HOLDINGS PLC 3.8
CHINA CONSTRUCTION BANK CORP 3.3
BANK OF NOVA SCOTIA/THE 2.8
US BANCORP 2.8
TRUIST FINANCIAL CORP 2.8
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 8.4 Equities Financials United States USD 69,495 $2,976,940 $2,976,940
C UN CITIGROUP INC 5.6 Equities Financials United States USD 23,903 $1,992,330 $1,992,330
WFC UN WELLS FARGO & CO 5.6 Equities Financials United States USD 47,468 $1,973,624 $1,973,624
RY CT ROYAL BANK OF CANADA 5.1 Equities Financials Canada CAD 16,347 $1,805,783 $1,805,783
TD CT TORONTO-DOMINION BANK/THE 4.5 Equities Financials Canada CAD 20,827 $1,600,706 $1,600,706
HSBA LN HSBC HOLDINGS PLC 3.8 Equities Financials Britain GBP 188,777 $1,342,107 $1,342,107
939 HK CHINA CONSTRUCTION BANK CORP 3.3 Equities Financials China HKD 1,138,000 $1,177,123 $1,177,123
BNS CT BANK OF NOVA SCOTIA/THE 2.8 Equities Financials Canada CAD 13,988 $1,000,813 $1,000,813
USB UN US BANCORP 2.8 Equities Financials United States USD 15,828 $994,128 $994,128
TFC UN TRUIST FINANCIAL CORP 2.8 Equities Financials United States USD 14,632 $986,796 $986,796
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.7 Equities Financials Japan JPY 156,800 $975,238 $975,238
PNC UN PNC FINANCIAL SERVICES GROUP I 2.6 Equities Financials United States USD 4,599 $923,739 $923,739
BNP FP BNP PARIBAS SA 2.4 Equities Financials France EUR 12,410 $864,323 $864,323
SAN SQ BANCO SANTANDER SA 2.3 Equities Financials Spain EUR 191,875 $818,175 $818,175
BMO CT BANK OF MONTREAL 2.2 Equities Financials Canada CAD 7,465 $765,518 $765,518
8316 JT SUMITOMO MITSUI FINANCIAL GROU 2.0 Equities Financials Japan JPY 15,900 $699,931 $699,931
ISP IM INTESA SANPAOLO SPA 1.8 Equities Financials Italy EUR 210,886 $628,691 $628,691
CM CT CANADIAN IMPERIAL BANK OF COMM 1.7 Equities Financials Canada CAD 5,155 $597,135 $597,135
INGA NA ING GROEP NV 1.6 Equities Financials Netherlands EUR 45,038 $553,869 $553,869
DBS SP DBS GROUP HOLDINGS LTD 1.5 Equities Financials Singapore SGD 20,500 $537,000 $537,000
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.5 Equities Financials China HKD 621,000 $536,330 $536,330
8411 JT MIZUHO FINANCIAL GROUP INC 1.4 Equities Financials Japan JPY 27,900 $497,685 $497,685
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 776,764 $492,119 $492,119
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.3 Equities Financials Singapore SGD 46,000 $478,849 $478,849
SANB11 BS BANCO SANTANDER BRASIL SA 1.3 Equities Financials Brazil BRL 43,700 $468,669 $468,669
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.3 Equities Financials Spain EUR 72,844 $466,750 $466,750
3968 HK CHINA MERCHANTS BANK CO LTD 1.2 Equities Financials China HKD 43,500 $443,402 $443,402
BARC LN BARCLAYS PLC 1.2 Equities Financials Britain GBP 166,325 $436,339 $436,339
DFS UN DISCOVER FINANCIAL SERVICES 1.2 Equities Financials United States USD 3,327 $422,070 $422,070
3988 HK BANK OF CHINA LTD 1.1 Equities Financials China HKD 888,000 $405,758 $405,758
NDA SS NORDEA BANK ABP 1.1 Equities Financials Finland SEK 36,942 $403,902 $403,902
ITUB4 BS ITAU UNIBANCO HOLDING SA 1.1 Equities Financials Brazil BRL 52,000 $400,636 $400,636
FRC UN FIRST REPUBLIC BANK/CA 1.1 Equities Financials United States USD 2,008 $400,532 $400,532
UOB SP UNITED OVERSEAS BANK LTD 1.1 Equities Financials Singapore SGD 16,795 $392,757 $392,757
DBK GY DEUTSCHE BANK AG 1.0 Equities Financials Germany EUR 22,670 $342,111 $342,111
BBDC4 BS BANCO BRADESCO SA 0.9 Equities Financials Brazil BRL 51,200 $334,826 $334,826
KBC BB KBC GROUP NV 0.9 Equities Financials Belgium EUR 3,221 $303,925 $303,925
NA CT NATIONAL BANK OF CANADA 0.8 Equities Financials Canada CAD 3,879 $289,433 $289,433
FITB UW FIFTH THIRD BANCORP 0.8 Equities Financials United States USD 6,992 $289,125 $289,125
UCG IM UNICREDIT SPA 0.8 Equities Financials Italy EUR 23,249 $280,628 $280,628
SWEDA SS SWEDBANK AB 0.7 Equities Financials Sweden SEK 10,718 $252,619 $252,619
STAN LN STANDARD CHARTERED PLC 0.7 Equities Financials Britain GBP 28,425 $245,411 $245,411
SHBA SS SVENSKA HANDELSBANKEN AB 0.7 Equities Financials Sweden SEK 17,739 $237,255 $237,255
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.7 Equities Financials Sweden SEK 16,787 $231,110 $231,110
DNB NO DNB ASA 0.6 Equities Financials Norway NOK 9,129 $229,338 $229,338
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 12,990 $207,168 $207,168
11 HK HANG SENG BANK LTD 0.6 Equities Financials Hong Kong HKD 8,400 $204,847 $204,847
PBK MK PUBLIC BANK BHD 0.5 Equities Financials Malaysia MYR 27,800 $188,746 $188,746
2388 HK BOC HONG KONG HOLDINGS LTD 0.5 Equities Financials China HKD 41,500 $170,179 $170,179
7182 JT JAPAN POST BANK CO LTD 0.4 Equities Financials Japan JPY 13,500 $153,629 $153,629
NWG LN NATWEST GROUP PLC 0.4 Equities Financials Britain GBP 53,209 $148,736 $148,736
BBAS3 BS BANCO DO BRASIL SA 0.4 Equities Financials Brazil BRL 16,500 $146,791 $146,791
FSR SJ FIRSTRAND LTD 0.4 Equities Financials South Africa ZAR 31,089 $130,907 $130,907
1658 HK POSTAL SAVINGS BANK OF CHINA C 0.3 Equities Financials China HKD 140,000 $123,489 $123,489
MAY MK MALAYAN BANKING BHD 0.3 Equities Financials Malaysia MYR 41,500 $109,648 $109,648
BBDC3 BS BANCO BRADESCO SA 0.2 Equities Financials Brazil BRL 14,900 $86,025 $86,025
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 85,000 $62,029 $62,029
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 32,589,305 $32,589,305
BRL BRL - BRAZILIAN REAL FX Forwards BRL -6,122,102 -$1,498,348
CAD CAD - CANADA DOLLAR FX Forwards CAD -5,631,926 -$5,739,250
EUR EUR - EURO FX Forwards EUR -2,774,848 -$4,349,292
GBP GBP - BRITISH POUND FX Forwards GBP -1,462,540 -$2,578,526
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -17,200,961 -$2,879,015
JPY JPY - JAPANESE YEN FX Forwards JPY -170,954,556 -$2,135,517
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -934,759 -$299,362
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -1,535,285 -$232,485
SEK SEK - SWEDISH KRONA FX Forwards SEK -6,995,216 -$1,080,860
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -1,343,953 -$1,311,174
USD USD - UNITED STATES DOLLAR FX Forwards USD -7,800,988 -$10,123,265
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -1,596,041 -$136,042
Download CSV
* As at 15 January 2021. Excludes cash

Sector Allocation

Diversified Banks
90.0%
* As of 31 December 2020

Country Allocation

United States
31.8%
Canada
18.1%
China
8.5%
Britain
8.0%
Japan
6.6%
Brazil
4.6%
Singapore
4.2%
Spain
3.8%
France
3.3%
Other
11.3%
* As of 31 December 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 3.49% 3.61%
3 months 24.61% 24.70%
6 months 18.13% 18.47%
1 year -20.05% -18.00%
3 year p.a -7.44% -6.16%
5 year p.a - 2.22%
Since inception (p.a) 4.57% 5.64%
Inception date 28-Jul-16 -
* As at 31 December 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* (%) 2.3%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 December 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)
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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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
Download
Interim Financial Report 2018
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LEARN MORE ABOUT BNKS

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