BNKS ASX | 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 14 August 2022

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* $6.18
* As at 11 August 2022

Profile

Net Assets* ($A) $80,515,178
Units Outstanding* (#) 13,034,340
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 11 August 2022
**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 8.2
JPMORGAN CHASE & CO 7.7
WELLS FARGO & CO 6.4
ROYAL BANK OF CANADA 5.2
TORONTO-DOMINION BANK/THE 4.5
HSBC HOLDINGS PLC 4.2
CITIGROUP INC 3.9
BANK OF NOVA SCOTIA/THE 2.8
MITSUBISHI UFJ FINANCIAL GROUP 2.7
PNC FINANCIAL SERVICES GROUP I 2.7
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 8.2 Equities Financials United States USD 128,184 $6,464,103 $6,464,103
JPM UN JPMORGAN CHASE & CO 7.7 Equities Financials United States USD 36,062 $6,084,102 $6,084,102
WFC UN WELLS FARGO & CO 6.4 Equities Financials United States USD 79,103 $5,026,556 $5,026,556
RY CT ROYAL BANK OF CANADA 5.2 Equities Financials Canada CAD 29,528 $4,116,467 $4,116,467
TD CT TORONTO-DOMINION BANK/THE 4.5 Equities Financials Canada CAD 38,011 $3,563,479 $3,563,479
HSBA LN HSBC HOLDINGS PLC 4.2 Equities Financials Britain GBP 354,929 $3,319,428 $3,319,428
C UN CITIGROUP INC 3.9 Equities Financials United States USD 40,879 $3,099,938 $3,099,938
BNS CT BANK OF NOVA SCOTIA/THE 2.8 Equities Financials Canada CAD 25,214 $2,208,095 $2,208,095
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.7 Equities Financials Japan JPY 285,900 $2,145,656 $2,145,656
PNC UN PNC FINANCIAL SERVICES GROUP I 2.7 Equities Financials United States USD 8,706 $2,102,106 $2,102,106
BMO CT BANK OF MONTREAL 2.6 Equities Financials Canada CAD 14,139 $2,024,384 $2,024,384
TFC UN TRUIST FINANCIAL CORP 2.5 Equities Financials United States USD 28,026 $2,007,986 $2,007,986
USB UN US BANCORP 2.4 Equities Financials United States USD 28,460 $1,935,967 $1,935,967
939 HK CHINA CONSTRUCTION BANK CORP 2.3 Equities Financials China HKD 2,075,000 $1,836,908 $1,836,908
BNP FP BNP PARIBAS SA 2.0 Equities Financials France EUR 22,346 $1,595,154 $1,595,154
CM CT CANADIAN IMPERIAL BANK OF COMM 1.8 Equities Financials Canada CAD 19,014 $1,392,104 $1,392,104
DBS SP DBS GROUP HOLDINGS LTD 1.7 Equities Financials Singapore SGD 38,500 $1,319,200 $1,319,200
SAN SQ BANCO SANTANDER SA 1.6 Equities Financials Spain EUR 341,577 $1,297,274 $1,297,274
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.6 Equities Financials Japan JPY 28,900 $1,241,772 $1,241,772
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.4 Equities Financials Singapore SGD 85,200 $1,086,806 $1,086,806
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 1,381,923 $1,073,803 $1,073,803
MTB UN M&T BANK CORP 1.3 Equities Financials United States USD 3,777 $991,164 $991,164
INGA NA ING GROEP NV 1.2 Equities Financials Netherlands EUR 72,373 $981,237 $981,237
ISP IM INTESA SANPAOLO SPA 1.2 Equities Financials Italy EUR 364,025 $964,860 $964,860
NDA SS NORDEA BANK ABP 1.2 Equities Financials Finland SEK 66,209 $921,825 $921,825
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.2 Equities Financials China HKD 1,242,000 $914,757 $914,757
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.1 Equities Financials Spain EUR 133,343 $908,354 $908,354
BARC LN BARCLAYS PLC 1.1 Equities Financials Britain GBP 310,161 $892,999 $892,999
8411 JT MIZUHO FINANCIAL GROUP INC 1.1 Equities Financials Japan JPY 53,500 $882,935 $882,935
FRC UN FIRST REPUBLIC BANK/CA 1.1 Equities Financials United States USD 3,774 $879,664 $879,664
UOB SP UNITED OVERSEAS BANK LTD 1.1 Equities Financials Singapore SGD 30,695 $861,333 $861,333
3988 HK BANK OF CHINA LTD 1.0 Equities Financials China HKD 1,655,000 $824,490 $824,490
DFS UN DISCOVER FINANCIAL SERVICES 1.0 Equities Financials United States USD 5,205 $793,139 $793,139
SIVB UW SVB FINANCIAL GROUP 0.9 Equities Financials United States USD 1,164 $744,087 $744,087
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 7,082 $721,038 $721,038
SANB11 BS BANCO SANTANDER BRASIL SA 0.8 Equities Financials Brazil BRL 79,600 $665,353 $665,353
FITB UW FIFTH THIRD BANCORP 0.8 Equities Financials United States USD 12,709 $661,775 $661,775
ITUB4 BS ITAU UNIBANCO HOLDING SA 0.8 Equities Financials Brazil BRL 86,100 $629,605 $629,605
3968 HK CHINA MERCHANTS BANK CO LTD 0.7 Equities Financials China HKD 79,000 $588,929 $588,929
BBDC4 BS BANCO BRADESCO SA 0.7 Equities Financials Brazil BRL 107,338 $573,083 $573,083
UCG IM UNICREDIT SPA 0.7 Equities Financials Italy EUR 39,674 $566,249 $566,249
RF UN REGIONS FINANCIAL CORP 0.7 Equities Financials United States USD 17,539 $557,622 $557,622
HBAN UW HUNTINGTON BANCSHARES INC/OH 0.7 Equities Financials United States USD 27,010 $538,228 $538,228
FSR SJ FIRSTRAND LTD 0.7 Equities Financials South Africa ZAR 90,562 $535,971 $535,971
DBK GY DEUTSCHE BANK AG 0.7 Equities Financials Germany EUR 41,709 $532,568 $532,568
GLE FP SOCIETE GENERALE SA 0.6 Equities Financials France EUR 14,697 $494,346 $494,346
CFG UN CITIZENS FINANCIAL GROUP INC 0.6 Equities Financials United States USD 8,899 $492,126 $492,126
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.6 Equities Financials Sweden SEK 31,741 $482,294 $482,294
NWG LN NATWEST GROUP PLC 0.6 Equities Financials Britain GBP 107,860 $471,569 $471,569
STAN LN STANDARD CHARTERED PLC 0.6 Equities Financials Britain GBP 46,117 $470,984 $470,984
KEY UN KEYCORP 0.5 Equities Financials United States USD 15,995 $431,490 $431,490
KBC BB KBC GROUP NV 0.5 Equities Financials Belgium EUR 5,216 $397,925 $397,925
DNB NO DNB BANK ASA 0.5 Equities Financials Norway NOK 13,766 $395,765 $395,765
CABK SQ CAIXABANK SA 0.5 Equities Financials Spain EUR 87,841 $381,252 $381,252
ACA FP CREDIT AGRICOLE SA 0.5 Equities Financials France EUR 26,258 $379,761 $379,761
2388 HK BOC HONG KONG HOLDINGS LTD 0.5 Equities Financials China HKD 72,500 $366,378 $366,378
SWEDA SS SWEDBANK AB 0.5 Equities Financials Sweden SEK 18,732 $362,744 $362,744
11 HK HANG SENG BANK LTD 0.4 Equities Financials Hong Kong HKD 14,700 $338,240 $338,240
MAY MK MALAYAN BANKING BHD 0.3 Equities Financials Malaysia MYR 96,600 $273,111 $273,111
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 148,000 $124,122 $124,122
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 76,980,404 $76,980,404
BRL BRL - BRAZILIAN REAL FX Forwards BRL -6,178,962 -$1,710,203
CAD CAD - CANADA DOLLAR FX Forwards CAD -12,362,039 -$13,581,673
EUR EUR - EURO FX Forwards EUR -5,452,065 -$7,853,738
GBP GBP - BRITISH POUND FX Forwards GBP -3,426,645 -$5,838,451
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -28,228,135 -$5,058,534
JPY JPY - JAPANESE YEN FX Forwards JPY -416,170,150 -$4,377,467
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -854,910 -$270,361
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -2,594,203 -$380,520
SEK SEK - SWEDISH KRONA FX Forwards SEK -12,638,327 -$1,739,451
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -3,090,203 -$3,163,598
USD USD - UNITED STATES DOLLAR FX Forwards USD -22,163,222 -$31,123,749
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -5,968,036 -$516,986
Download CSV
* As at 12 August 2022. Excludes cash

Sector Allocation

Diversified Banks
85.9%
Regional Banks
11.7%
Consumer Finance
1.0%
Other Diversified Financial Services
0.7%
Diversified Capital Markets
0.7%
* As of 31 July 2022

Country Allocation

United States
40.9%
Canada
17.8%
Britain
7.7%
China
6.2%
Japan
5.7%
Singapore
4.1%
Spain
3.1%
France
2.9%
Brazil
2.3%
Other
9.2%
* As of 31 July 2022

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 3.03% 3.34%
3 months -3.18% -2.87%
6 months -15.90% -15.62%
1 year -5.57% -4.92%
3 year p.a -0.55% 0.72%
5 year p.a -0.50% 0.52%
Since inception (p.a) 5.55% 6.47%
Inception date 28-Jul-16 -
* As at 31 July 2022

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* (%) 1.2%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 July 2022. 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-22 4-Jul-22 18-Jul-22 - 0.94%
4-Jan-22 5-Jan-22 19-Jan-22 $0.07142 5.08%
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 2021
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Annual Report - June 2021
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NRWT and Fund Payment Notice information - December 2021 distributions
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NRWT and Fund Payment Notice information - June 2021 distributions
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