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 26 November 2020

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 * $5.48
* As at 25 November 2020

Profile

Net Assets* ($A) $31,897,913
Units Outstanding* (#) 5,818,859
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 25 November 2020
**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 7.8
CITIGROUP INC 5.5
ROYAL BANK OF CANADA 5.5
WELLS FARGO & CO 5.1
TORONTO-DOMINION BANK/THE 4.6
HSBC HOLDINGS PLC 4.2
CHINA CONSTRUCTION BANK CORP 3.5
MITSUBISHI UFJ FINANCIAL GROUP 2.9
TRUIST FINANCIAL CORP 2.9
US BANCORP 2.8
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
BAC UN BANK OF AMERICA CORP 7.8 Equities Financials United States USD 61,693 $2,431,371 $2,431,371
C UN CITIGROUP INC 5.5 Equities Financials United States USD 22,072 $1,709,786 $1,709,786
RY CT ROYAL BANK OF CANADA 5.5 Equities Financials Canada CAD 15,091 $1,697,068 $1,697,068
WFC UN WELLS FARGO & CO 5.1 Equities Financials United States USD 41,060 $1,593,681 $1,593,681
TD CT TORONTO-DOMINION BANK/THE 4.6 Equities Financials Canada CAD 19,125 $1,419,100 $1,419,100
HSBA LN HSBC HOLDINGS PLC 4.2 Equities Financials Britain GBP 179,615 $1,299,841 $1,299,841
939 HK CHINA CONSTRUCTION BANK CORP 3.5 Equities Financials China HKD 1,048,000 $1,081,150 $1,081,150
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.9 Equities Financials Japan JPY 145,800 $896,304 $896,304
TFC UN TRUIST FINANCIAL CORP 2.9 Equities Financials United States USD 13,467 $886,891 $886,891
USB UN US BANCORP 2.8 Equities Financials United States USD 14,573 $883,956 $883,956
PNC UN PNC FINANCIAL SERVICES GROUP I 2.8 Equities Financials United States USD 4,559 $870,518 $870,518
BNS CT BANK OF NOVA SCOTIA/THE 2.8 Equities Financials Canada CAD 12,879 $869,312 $869,312
BNP FP BNP PARIBAS SA 2.6 Equities Financials France EUR 11,542 $817,053 $817,053
BMO CT BANK OF MONTREAL 2.3 Equities Financials Canada CAD 6,905 $699,584 $699,584
SAN SQ BANCO SANTANDER SA 2.2 Equities Financials Spain EUR 169,526 $675,114 $675,114
8316 JT SUMITOMO MITSUI FINANCIAL GROU 2.0 Equities Financials Japan JPY 14,700 $612,134 $612,134
ISP IM INTESA SANPAOLO SPA 2.0 Equities Financials Italy EUR 194,450 $611,003 $611,003
INGA NA ING GROEP NV 1.8 Equities Financials Netherlands EUR 41,885 $567,186 $567,186
CM CT CANADIAN IMPERIAL BANK OF COMM 1.8 Equities Financials Canada CAD 4,784 $556,768 $556,768
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.6 Equities Financials China HKD 634,000 $508,586 $508,586
LLOY LN LLOYDS BANKING GROUP PLC 1.6 Equities Financials Britain GBP 722,130 $500,287 $500,287
DBS SP DBS GROUP HOLDINGS LTD 1.6 Equities Financials Singapore SGD 19,200 $499,753 $499,753
8411 JT MIZUHO FINANCIAL GROUP INC 1.5 Equities Financials Japan JPY 25,900 $471,937 $471,937
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.4 Equities Financials Singapore SGD 42,100 $432,265 $432,265
SANB11 BS BANCO SANTANDER BRASIL SA 1.3 Equities Financials Brazil BRL 40,500 $416,921 $416,921
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.3 Equities Financials Spain EUR 67,560 $413,711 $413,711
NDA SS NORDEA BANK ABP 1.3 Equities Financials Finland SEK 34,357 $411,814 $411,814
BARC LN BARCLAYS PLC 1.3 Equities Financials Britain GBP 154,185 $401,725 $401,725
3988 HK BANK OF CHINA LTD 1.3 Equities Financials China HKD 826,000 $390,619 $390,619
UOB SP UNITED OVERSEAS BANK LTD 1.2 Equities Financials Singapore SGD 15,595 $367,350 $367,350
ITUB4 BS ITAU UNIBANCO HOLDING SA 1.2 Equities Financials Brazil BRL 48,300 $362,564 $362,564
3968 HK CHINA MERCHANTS BANK CO LTD 1.1 Equities Financials China HKD 40,500 $349,358 $349,358
FRC UN FIRST REPUBLIC BANK/CA 1.1 Equities Financials United States USD 1,844 $332,851 $332,851
DFS UN DISCOVER FINANCIAL SERVICES 1.1 Equities Financials United States USD 3,052 $328,527 $328,527
UCG IM UNICREDIT SPA 1.0 Equities Financials Italy EUR 21,562 $324,389 $324,389
DBK GY DEUTSCHE BANK AG 1.0 Equities Financials Germany EUR 21,026 $323,639 $323,639
BBDC4 BS BANCO BRADESCO SA 1.0 Equities Financials Brazil BRL 47,500 $307,734 $307,734
KBC BB KBC GROUP NV 1.0 Equities Financials Belgium EUR 2,987 $297,395 $297,395
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 3,594 $276,248 $276,248
SWEDA SS SWEDBANK AB 0.8 Equities Financials Sweden SEK 9,941 $252,009 $252,009
SHBA SS SVENSKA HANDELSBANKEN AB 0.7 Equities Financials Sweden SEK 16,452 $232,515 $232,515
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.7 Equities Financials Sweden SEK 15,569 $232,329 $232,329
FITB UW FIFTH THIRD BANCORP 0.7 Equities Financials United States USD 6,406 $232,028 $232,028
DNB NO DNB ASA 0.7 Equities Financials Norway NOK 9,010 $227,406 $227,406
STAN LN STANDARD CHARTERED PLC 0.7 Equities Financials Britain GBP 26,362 $225,599 $225,599
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 12,453 $198,934 $198,934
11 HK HANG SENG BANK LTD 0.6 Equities Financials Hong Kong HKD 8,000 $191,964 $191,964
2388 HK BOC HONG KONG HOLDINGS LTD 0.6 Equities Financials China HKD 40,000 $178,302 $178,302
PBK MK PUBLIC BANK BHD 0.5 Equities Financials Malaysia MYR 26,600 $167,579 $167,579
NWG LN ROYAL BANK OF SCOTLAND GROUP P 0.5 Equities Financials Britain GBP 51,008 $151,482 $151,482
7182 JT JAPAN POST BANK CO LTD 0.5 Equities Financials Japan JPY 13,000 $150,035 $150,035
BBAS3 BS BANCO DO BRASIL SA 0.5 Equities Financials Brazil BRL 15,900 $143,159 $143,159
FSR SJ FIRSTRAND LTD 0.4 Equities Financials South Africa ZAR 29,803 $127,553 $127,553
MAY MK MALAYAN BANKING BHD 0.4 Equities Financials Malaysia MYR 39,800 $108,936 $108,936
1658 HK POSTAL SAVINGS BANK OF CHINA C 0.3 Equities Financials China HKD 127,000 $93,870 $93,870
BBDC3 BS BANCO BRADESCO SA 0.3 Equities Financials Brazil BRL 14,200 $82,289 $82,289
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 81,000 $59,018 $59,018
SAN/D SQ BANCO SANTANDER SA 0.1 Equities Financials Spain EUR 169,526 $29,210 $29,210
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 25,825,963 $25,825,963
BRL BRL - BRAZILIAN REAL FX Forwards BRL -4,261,040 -$1,086,834
CAD CAD - CANADA DOLLAR FX Forwards CAD -4,235,065 -$4,421,659
EUR EUR - EURO FX Forwards EUR -1,818,262 -$2,941,696
GBP GBP - BRITISH POUND FX Forwards GBP -1,098,769 -$1,996,382
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -15,348,264 -$2,688,245
JPY JPY - JAPANESE YEN FX Forwards JPY -141,422,859 -$1,838,045
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -707,641 -$235,629
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -1,163,395 -$178,935
SEK SEK - SWEDISH KRONA FX Forwards SEK -6,142,278 -$981,775
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -1,077,739 -$1,092,377
USD USD - UNITED STATES DOLLAR FX Forwards USD -5,486,797 -$7,448,815
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -1,210,483 -$108,656
Download CSV
* As at 25 November 2020. Excludes cash

Sector Allocation

Financials
100.0%
* As of 30 October 2020

Country Allocation

United States
29.7%
Canada
18.3%
China
9.5%
Britain
7.7%
Japan
7.5%
Singapore
4.1%
Brazil
3.9%
Spain
2.9%
France
2.7%
Other
13.7%
* As of 30 October 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 1.09% 1.03%
3 months -2.36% -2.16%
6 months -2.06% -1.70%
1 year -31.64% -29.89%
3 year p.a -12.90% -11.70%
5 year p.a - -2.31%
Since inception (p.a) -0.26% 0.76%
Inception date 28-Jul-16 -
* As at 30 October 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* (%) 2.8%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 30 October 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)
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 2019 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 2018
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LEARN MORE ABOUT BNKS

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