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 23 June 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* $6.65
* As at 21 June 2021

Profile

Net Assets* ($A) $81,226,234
Units Outstanding* (#) 12,221,084
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 21 June 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 7.9
JPMORGAN CHASE & CO 7.7
WELLS FARGO & CO 6.1
ROYAL BANK OF CANADA 4.9
CITIGROUP INC 4.8
TORONTO-DOMINION BANK/THE 4.1
HSBC HOLDINGS PLC 3.5
BANK OF NOVA SCOTIA/THE 2.7
PNC FINANCIAL SERVICES GROUP I 2.6
CHINA CONSTRUCTION BANK CORP 2.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 7.9 Equities Financials United States USD 123,244 $6,519,405 $6,519,405
JPM UN JPMORGAN CHASE & CO 7.7 Equities Financials United States USD 31,809 $6,323,491 $6,323,491
WFC UN WELLS FARGO & CO 6.1 Equities Financials United States USD 86,875 $5,006,005 $5,006,005
RY CT ROYAL BANK OF CANADA 4.9 Equities Financials Canada CAD 29,941 $4,051,807 $4,051,807
C UN CITIGROUP INC 4.8 Equities Financials United States USD 43,443 $3,964,835 $3,964,835
TD CT TORONTO-DOMINION BANK/THE 4.1 Equities Financials Canada CAD 36,315 $3,402,261 $3,402,261
HSBA LN HSBC HOLDINGS PLC 3.5 Equities Financials Britain GBP 366,939 $2,870,998 $2,870,998
BNS CT BANK OF NOVA SCOTIA/THE 2.7 Equities Financials Canada CAD 25,695 $2,200,336 $2,200,336
PNC UN PNC FINANCIAL SERVICES GROUP I 2.6 Equities Financials United States USD 8,959 $2,180,585 $2,180,585
939 HK CHINA CONSTRUCTION BANK CORP 2.6 Equities Financials China HKD 2,079,000 $2,175,183 $2,175,183
USB UN US BANCORP 2.6 Equities Financials United States USD 28,585 $2,116,258 $2,116,258
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.5 Equities Financials Japan JPY 286,400 $2,073,387 $2,073,387
TFC UN TRUIST FINANCIAL CORP 2.5 Equities Financials United States USD 28,359 $2,040,227 $2,040,227
BNP FP BNP PARIBAS SA 2.3 Equities Financials France EUR 22,664 $1,933,317 $1,933,317
BMO CT BANK OF MONTREAL 2.3 Equities Financials Canada CAD 13,712 $1,889,215 $1,889,215
SAN SQ BANCO SANTANDER SA 2.2 Equities Financials Spain EUR 349,145 $1,813,866 $1,813,866
CM CT CANADIAN IMPERIAL BANK OF COMM 1.8 Equities Financials Canada CAD 9,493 $1,490,868 $1,490,868
INGA NA ING GROEP NV 1.8 Equities Financials Netherlands EUR 82,671 $1,461,375 $1,461,375
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.6 Equities Financials Japan JPY 29,100 $1,360,490 $1,360,490
ISP IM INTESA SANPAOLO SPA 1.6 Equities Financials Italy EUR 366,515 $1,356,476 $1,356,476
LLOY LN LLOYDS BANKING GROUP PLC 1.5 Equities Financials Britain GBP 1,426,519 $1,231,765 $1,231,765
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.4 Equities Financials Spain EUR 133,713 $1,115,261 $1,115,261
DBS SP DBS GROUP HOLDINGS LTD 1.3 Equities Financials Singapore SGD 37,900 $1,097,037 $1,097,037
BARC LN BARCLAYS PLC 1.2 Equities Financials Britain GBP 315,336 $1,004,599 $1,004,599
NDA SS NORDEA BANK ABP 1.2 Equities Financials Finland SEK 67,810 $995,628 $995,628
8411 JT MIZUHO FINANCIAL GROUP INC 1.2 Equities Financials Japan JPY 51,100 $982,140 $982,140
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.2 Equities Financials Singapore SGD 84,400 $980,526 $980,526
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.2 Equities Financials China HKD 1,141,000 $972,139 $972,139
DFS UN DISCOVER FINANCIAL SERVICES 1.1 Equities Financials United States USD 6,043 $945,238 $945,238
SANB11 BS BANCO SANTANDER BRASIL SA 1.1 Equities Financials Brazil BRL 80,100 $932,017 $932,017
3968 HK CHINA MERCHANTS BANK CO LTD 1.1 Equities Financials China HKD 80,000 $917,441 $917,441
FRC UN FIRST REPUBLIC BANK/CA 1.1 Equities Financials United States USD 3,686 $897,304 $897,304
ITUB4 BS ITAU UNIBANCO HOLDING SA 1.0 Equities Financials Brazil BRL 95,500 $816,329 $816,329
SIVB UW SVB FINANCIAL GROUP 1.0 Equities Financials United States USD 1,088 $800,924 $800,924
3988 HK BANK OF CHINA LTD 1.0 Equities Financials China HKD 1,648,000 $786,300 $786,300
UOB SP UNITED OVERSEAS BANK LTD 0.9 Equities Financials Singapore SGD 30,895 $781,424 $781,424
DBK GY DEUTSCHE BANK AG 0.9 Equities Financials Germany EUR 43,804 $754,525 $754,525
BBDC4 BS BANCO BRADESCO SA 0.9 Equities Financials Brazil BRL 103,380 $749,326 $749,326
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 7,137 $717,231 $717,231
UCG IM UNICREDIT SPA 0.8 Equities Financials Italy EUR 42,675 $681,397 $681,397
FITB UW FIFTH THIRD BANCORP 0.8 Equities Financials United States USD 12,918 $648,806 $648,806
KBC BB KBC GROUP NV 0.7 Equities Financials Belgium EUR 5,917 $588,895 $588,895
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.6 Equities Financials Sweden SEK 30,815 $533,151 $533,151
MTB UN M&T BANK CORP 0.6 Equities Financials United States USD 2,535 $493,614 $493,614
SHBA SS SVENSKA HANDELSBANKEN AB 0.6 Equities Financials Sweden SEK 32,562 $490,648 $490,648
KEY UN KEYCORP 0.6 Equities Financials United States USD 17,864 $486,082 $486,082
SWEDA SS SWEDBANK AB 0.6 Equities Financials Sweden SEK 19,674 $478,300 $478,300
ACA FP CREDIT AGRICOLE SA 0.5 Equities Financials France EUR 23,987 $450,022 $450,022
STAN LN STANDARD CHARTERED PLC 0.5 Equities Financials Britain GBP 52,174 $449,017 $449,017
DNB NO DNB ASA 0.5 Equities Financials Norway NOK 15,115 $444,214 $444,214
NWG LN NATWEST GROUP PLC 0.5 Equities Financials Britain GBP 109,852 $413,372 $413,372
11 HK HANG SENG BANK LTD 0.5 Equities Financials Hong Kong HKD 15,400 $398,351 $398,351
PBK MK PUBLIC BANK BHD 0.4 Equities Financials Malaysia MYR 262,000 $353,122 $353,122
2388 HK BOC HONG KONG HOLDINGS LTD 0.4 Equities Financials China HKD 76,000 $341,893 $341,893
FSR SJ FIRSTRAND LTD 0.3 Equities Financials South Africa ZAR 57,066 $275,077 $275,077
BBAS3 BS BANCO DO BRASIL SA 0.3 Equities Financials Brazil BRL 30,400 $274,623 $274,623
7182 JT JAPAN POST BANK CO LTD 0.3 Equities Financials Japan JPY 24,800 $274,366 $274,366
BBDC3 BS BANCO BRADESCO SA 0.3 Equities Financials Brazil BRL 35,960 $221,685 $221,685
MAY MK MALAYAN BANKING BHD 0.2 Equities Financials Malaysia MYR 77,200 $203,145 $203,145
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 156,000 $136,635 $136,635
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 84,189,486 $84,189,486
BRL BRL - BRAZILIAN REAL FX Forwards BRL -10,589,889 -$2,826,156
CAD CAD - CANADA DOLLAR FX Forwards CAD -12,122,833 -$13,036,706
EUR EUR - EURO FX Forwards EUR -6,724,671 -$10,626,851
GBP GBP - BRITISH POUND FX Forwards GBP -3,389,178 -$6,257,830
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -35,001,939 -$5,964,376
JPY JPY - JAPANESE YEN FX Forwards JPY -404,369,734 -$4,836,322
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -1,684,412 -$540,534
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -2,789,794 -$432,432
SEK SEK - SWEDISH KRONA FX Forwards SEK -15,403,105 -$2,404,143
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -3,011,925 -$2,965,369
USD USD - UNITED STATES DOLLAR FX Forwards USD -26,600,544 -$35,204,531
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -3,186,803 -$295,753
Download CSV
* As at 22 June 2021. Excludes cash

Sector Allocation

Diversified Banks
88.4%
Regional Banks
9.1%
Consumer Finance
1.1%
Diversified Capital Markets
1.0%
Other Diversified Financial Services
0.4%
* As of 31 May 2021

Country Allocation

United States
40.4%
Canada
16.1%
Britain
7.4%
China
6.4%
Japan
5.6%
Spain
3.5%
Singapore
3.5%
Brazil
3.1%
France
2.9%
Other
11.1%
* As of 31 May 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 5.15% 5.16%
3 months 16.28% 16.19%
6 months 31.73% 32.28%
1 year 53.65% 54.77%
3 year p.a 2.02% 3.28%
5 year p.a - 9.34%
Since inception (p.a) 9.49% 10.51%
Inception date 28-Jul-16 -
* As at 31 May 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* (%) 0.9%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 May 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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Interim Financial Report - December 2020
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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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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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