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 1 December 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* $6.70
* As at 29 November 2021

Profile

Net Assets* ($A) $110,142,791
Units Outstanding* (#) 16,430,279
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 Citigroup Pty Limited
Custodian Citigroup Pty Limited
Registry Link Market Services
Auditor KPMG
* As at 29 November 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 8.7
JPMORGAN CHASE & CO 8.1
WELLS FARGO & CO 6.9
ROYAL BANK OF CANADA 4.9
TORONTO-DOMINION BANK/THE 4.5
CITIGROUP INC 4.5
HSBC HOLDINGS PLC 3.3
PNC FINANCIAL SERVICES GROUP I 2.9
TRUIST FINANCIAL CORP 2.8
US BANCORP 2.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 8.7 Equities Financials United States USD 156,504 $10,009,845 $10,009,845
JPM UN JPMORGAN CHASE & CO 8.1 Equities Financials United States USD 40,851 $9,240,189 $9,240,189
WFC UN WELLS FARGO & CO 6.9 Equities Financials United States USD 114,241 $7,878,911 $7,878,911
RY CT ROYAL BANK OF CANADA 4.9 Equities Financials Canada CAD 39,644 $5,644,843 $5,644,843
TD CT TORONTO-DOMINION BANK/THE 4.5 Equities Financials Canada CAD 50,389 $5,176,058 $5,176,058
C UN CITIGROUP INC 4.5 Equities Financials United States USD 56,386 $5,144,985 $5,144,985
HSBA LN HSBC HOLDINGS PLC 3.3 Equities Financials Britain GBP 483,212 $3,781,632 $3,781,632
PNC UN PNC FINANCIAL SERVICES GROUP I 2.9 Equities Financials United States USD 11,828 $3,333,345 $3,333,345
TFC UN TRUIST FINANCIAL CORP 2.8 Equities Financials United States USD 37,150 $3,182,350 $3,182,350
USB UN US BANCORP 2.6 Equities Financials United States USD 37,549 $3,023,727 $3,023,727
BNS CT BANK OF NOVA SCOTIA/THE 2.6 Equities Financials Canada CAD 33,814 $3,022,142 $3,022,142
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.5 Equities Financials Japan JPY 378,000 $2,820,917 $2,820,917
BMO CT BANK OF MONTREAL 2.4 Equities Financials Canada CAD 18,031 $2,711,478 $2,711,478
BNP FP BNP PARIBAS SA 2.3 Equities Financials France EUR 29,913 $2,621,075 $2,621,075
939 HK CHINA CONSTRUCTION BANK CORP 2.2 Equities Financials China HKD 2,743,000 $2,506,916 $2,506,916
INGA NA ING GROEP NV 1.8 Equities Financials Netherlands EUR 108,653 $2,110,143 $2,110,143
SAN SQ BANCO SANTANDER SA 1.8 Equities Financials Spain EUR 458,479 $2,005,754 $2,005,754
CM CT CANADIAN IMPERIAL BANK OF COMM 1.7 Equities Financials Canada CAD 12,517 $2,000,165 $2,000,165
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.5 Equities Financials Japan JPY 38,200 $1,755,303 $1,755,303
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 1,876,642 $1,639,050 $1,639,050
ISP IM INTESA SANPAOLO SPA 1.4 Equities Financials Italy EUR 481,287 $1,619,731 $1,619,731
DBS SP DBS GROUP HOLDINGS LTD 1.4 Equities Financials Singapore SGD 50,700 $1,557,393 $1,557,393
SIVB UW SVB FINANCIAL GROUP 1.3 Equities Financials United States USD 1,500 $1,524,621 $1,524,621
FRC UN FIRST REPUBLIC BANK/CA 1.3 Equities Financials United States USD 4,975 $1,496,758 $1,496,758
BARC LN BARCLAYS PLC 1.2 Equities Financials Britain GBP 414,570 $1,425,278 $1,425,278
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.1 Equities Financials Spain EUR 175,585 $1,313,536 $1,313,536
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.1 Equities Financials Singapore SGD 112,900 $1,274,827 $1,274,827
DFS UN DISCOVER FINANCIAL SERVICES 1.1 Equities Financials United States USD 7,752 $1,232,403 $1,232,403
8411 JT MIZUHO FINANCIAL GROUP INC 1.1 Equities Financials Japan JPY 70,700 $1,229,992 $1,229,992
3968 HK CHINA MERCHANTS BANK CO LTD 1.0 Equities Financials China HKD 105,000 $1,139,087 $1,139,087
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.0 Equities Financials China HKD 1,498,000 $1,110,348 $1,110,348
UOB SP UNITED OVERSEAS BANK LTD 0.9 Equities Financials Singapore SGD 40,595 $1,063,302 $1,063,302
3988 HK BANK OF CHINA LTD 0.9 Equities Financials China HKD 2,164,000 $1,055,059 $1,055,059
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 9,393 $1,050,230 $1,050,230
FITB UW FIFTH THIRD BANCORP 0.9 Equities Financials United States USD 16,724 $1,008,649 $1,008,649
UCG IM UNICREDIT SPA 0.8 Equities Financials Italy EUR 56,197 $955,689 $955,689
DBK GY DEUTSCHE BANK AG 0.8 Equities Financials Germany EUR 54,069 $928,273 $928,273
KBC BB KBC GROUP NV 0.8 Equities Financials Belgium EUR 7,770 $914,947 $914,947
SANB11 BS BANCO SANTANDER BRASIL SA 0.8 Equities Financials Brazil BRL 105,200 $889,266 $889,266
GLE FP SOCIETE GENERALE SA 0.7 Equities Financials France EUR 19,237 $842,958 $842,958
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.7 Equities Financials Sweden SEK 41,068 $841,343 $841,343
HBAN UW HUNTINGTON BANCSHARES INC/OH 0.7 Equities Financials United States USD 38,629 $832,951 $832,951
KEY UN KEYCORP 0.6 Equities Financials United States USD 23,157 $741,687 $741,687
SWEDA SS SWEDBANK AB 0.6 Equities Financials Sweden SEK 25,834 $732,752 $732,752
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 37,864 $726,801 $726,801
BBDC4 BS BANCO BRADESCO SA 0.6 Equities Financials Brazil BRL 142,380 $722,631 $722,631
ITUB4 BS ITAU UNIBANCO HOLDING SA 0.6 Equities Financials Brazil BRL 125,400 $711,494 $711,494
SHBA SS SVENSKA HANDELSBANKEN AB 0.6 Equities Financials Sweden SEK 42,759 $637,467 $637,467
GFNORTEO MF GRUPO FINANCIERO BANORTE SAB D 0.6 Equities Financials Mexico MXN 77,200 $636,324 $636,324
DNB NO DNB BANK ASA 0.5 Equities Norway NOK 18,985 $583,875 $583,875
NWG LN NATWEST GROUP PLC 0.5 Equities Financials Britain GBP 144,327 $572,632 $572,632
STAN LN STANDARD CHARTERED PLC 0.5 Equities Financials Britain GBP 67,247 $522,324 $522,324
11 HK HANG SENG BANK LTD 0.4 Equities Financials Hong Kong HKD 20,200 $501,511 $501,511
CABK SQ CAIXABANK SA 0.4 Equities Financials Spain EUR 121,142 $438,239 $438,239
2388 HK BOC HONG KONG HOLDINGS LTD 0.4 Equities Financials China HKD 100,000 $423,683 $423,683
7182 JT JAPAN POST BANK CO LTD 0.3 Equities Financials Japan JPY 32,600 $375,405 $375,405
FSR SJ FIRSTRAND LTD 0.3 Equities Financials South Africa ZAR 74,937 $369,954 $369,954
MAY MK MALAYAN BANKING BHD 0.2 Equities Financials Malaysia MYR 107,400 $286,113 $286,113
BBDC3 BS BANCO BRADESCO SA 0.2 Equities Financials Brazil BRL 39,360 $171,876 $171,876
3328 HK BANK OF COMMUNICATIONS CO LTD 0.1 Equities Financials China HKD 205,000 $167,440 $167,440
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 114,902,741 $114,902,741
BRL BRL - BRAZILIAN REAL FX Forwards BRL -9,973,443 -$2,497,231
CAD CAD - CANADA DOLLAR FX Forwards CAD -17,861,800 -$19,604,654
EUR EUR - EURO FX Forwards EUR -10,000,228 -$15,908,731
GBP GBP - BRITISH POUND FX Forwards GBP -4,546,057 -$8,483,982
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -40,391,404 -$7,266,732
JPY JPY - JAPANESE YEN FX Forwards JPY -517,285,453 -$6,418,969
MXN MXN - MEXICAN PESO FX Forwards MXN -10,117,721 -$662,081
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -850,861 -$284,046
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -3,861,731 -$599,222
SEK SEK - SWEDISH KRONA FX Forwards SEK -14,645,979 -$2,278,253
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -4,032,777 -$4,147,241
USD USD - UNITED STATES DOLLAR FX Forwards USD -36,366,645 -$51,019,423
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -4,363,427 -$385,844
Download CSV
* As at 30 November 2021. Excludes cash

Sector Allocation

Diversified Banks
87.5%
Regional Banks
10.4%
Consumer Finance
1.0%
Diversified Capital Markets
0.8%
Other Diversified Financial Services
0.3%
* As of 29 October 2021

Country Allocation

United States
42.0%
Canada
16.5%
Britain
7.2%
China
5.5%
Japan
5.2%
Spain
3.8%
France
3.7%
Singapore
3.4%
Italy
2.4%
Other
10.2%
* As of 29 October 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 4.55% 4.61%
3 months 9.34% 9.54%
6 months 8.54% 8.77%
1 year 61.95% 63.00%
3 year p.a 4.72% 6.00%
5 year p.a 7.23% 8.23%
Since inception (p.a) 9.37% 10.35%
Inception date 28-Jul-16 -
* As at 29 October 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* (%) 3.5%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 29 October 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)
1-Jul-21 2-Jul-21 16-Jul-21 $0.18419 5.54%
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 – 4 October 2021
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Product Disclosure Statement Update - 8 March 2021
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Interim Financial Report - December 2020
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NRWT and Fund Payment Notice information - June 2021 distributions
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NRWT and Fund Payment Notice information - December 2020 distributions
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Annual Report - June 2021
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