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 9 April 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 * $4.53
* As at 8 April 2020

Profile

Net Assets* ($A) $19,106,336
Units Outstanding* (#) 4,218,859
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 8 April 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 (%)
JPMORGAN CHASE & CO 8.4
BANK OF AMERICA CORP 8.3
WELLS FARGO & CO 6.0
CITIGROUP INC 5.0
HSBC HOLDINGS PLC 4.8
ROYAL BANK OF CANADA 4.5
CHINA CONSTRUCTION BANK CORP 4.1
TORONTO-DOMINION BANK/THE 4.0
US BANCORP 2.7
MITSUBISHI UFJ FINANCIAL GROUP 2.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
JPM UN JPMORGAN CHASE & CO 8.4 Equities Financials United States USD 10,452 $1,582,314 $1,582,314
BAC UN BANK OF AMERICA CORP 8.3 Equities Financials United States USD 41,330 $1,555,930 $1,555,930
WFC UN WELLS FARGO & CO 6.0 Equities Financials United States USD 23,272 $1,131,283 $1,131,283
C UN CITIGROUP INC 5.0 Equities Financials United States USD 13,201 $937,994 $937,994
HSBA LN HSBC HOLDINGS PLC 4.8 Equities Financials Britain GBP 106,856 $893,477 $893,477
RY CT ROYAL BANK OF CANADA 4.5 Equities Financials Canada CAD 8,412 $842,067 $842,067
939 HK CHINA CONSTRUCTION BANK CORP 4.1 Equities Financials China HKD 597,000 $770,283 $770,283
TD CT TORONTO-DOMINION BANK/THE 4.0 Equities Financials Canada CAD 11,024 $757,616 $757,616
USB UN US BANCORP 2.7 Equities Financials United States USD 8,704 $498,150 $498,150
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.6 Equities Financials Japan JPY 82,800 $496,868 $496,868
BNS CT BANK OF NOVA SCOTIA/THE 2.6 Equities Financials Canada CAD 7,455 $481,519 $481,519
PNC UN PNC FINANCIAL SERVICES GROUP I 2.2 Equities Financials United States USD 2,553 $407,808 $407,808
1398 HK INDUSTRIAL & COMMERCIAL BANK O 2.1 Equities Financials China HKD 362,000 $387,603 $387,603
SAN SQ BANCO SANTANDER SA 2.0 Equities Financials Spain EUR 96,796 $373,701 $373,701
UBSG SW UBS GROUP AG 1.8 Equities Financials Switzerland CHF 22,458 $343,619 $343,619
BMO CT BANK OF MONTREAL 1.8 Equities Financials Canada CAD 3,919 $336,113 $336,113
BNP FP BNP PARIBAS SA 1.8 Equities Financials France EUR 7,050 $331,298 $331,298
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.7 Equities Financials Japan JPY 8,200 $325,950 $325,950
3988 HK BANK OF CHINA LTD 1.5 Equities Financials China HKD 472,000 $290,326 $290,326
8411 JT MIZUHO FINANCIAL GROUP INC 1.5 Equities Financials Japan JPY 155,700 $283,053 $283,053
CM CT CANADIAN IMPERIAL BANK OF COMM 1.4 Equities Financials Canada CAD 2,731 $265,938 $265,938
LLOY LN LLOYDS BANKING GROUP PLC 1.3 Equities Financials Britain GBP 399,352 $253,030 $253,030
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.3 Equities Financials Singapore SGD 24,300 $241,084 $241,084
ISP IM INTESA SANPAOLO SPA 1.3 Equities Financials Italy EUR 94,475 $238,691 $238,691
TFC UN TRUIST FINANCIAL CORP 1.2 Equities Financials United States USD 4,463 $234,291 $234,291
DBS SP DBS GROUP HOLDINGS LTD 1.2 Equities Financials Singapore SGD 11,000 $233,255 $233,255
INGA NA ING GROEP NV 1.2 Equities Financials Netherlands EUR 23,891 $220,375 $220,375
BBD UN BANCO BRADESCO SA 1.1 Equities Financials Brazil USD 30,418 $213,888 $213,888
ITUB US ITAU UNIBANCO HOLDING SA 1.1 Equities Financials Brazil USD 27,594 $207,320 $207,320
UOB SP UNITED OVERSEAS BANK LTD 1.1 Equities Financials Singapore SGD 8,995 $201,577 $201,577
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.1 Equities Financials Spain EUR 38,274 $197,442 $197,442
CSGN SW CREDIT SUISSE GROUP AG 1.0 Equities Financials Switzerland CHF 14,607 $196,818 $196,818
BSBR UN BANCO SANTANDER BRASIL SA 1.0 Equities Financials Brazil USD 22,784 $196,054 $196,054
NDA SS NORDEA BANK ABP 0.9 Equities Financials Finland SEK 19,616 $176,308 $176,308
UCG IM UNICREDIT SPA 0.9 Equities Financials Italy EUR 13,009 $165,878 $165,878
3968 HK CHINA MERCHANTS BANK CO LTD 0.9 Equities Financials China HKD 23,000 $163,384 $163,384
BARC LN BARCLAYS PLC 0.9 Equities Financials Britain GBP 87,894 $161,948 $161,948
KBC BB KBC GROUP NV 0.8 Equities Financials Belgium EUR 1,689 $142,134 $142,134
STAN LN STANDARD CHARTERED PLC 0.7 Equities Financials Britain GBP 15,102 $131,276 $131,276
11 HK HANG SENG BANK LTD 0.7 Equities Financials Hong Kong HKD 4,400 $124,842 $124,842
SHBA SS SVENSKA HANDELSBANKEN AB 0.7 Equities Financials Sweden SEK 9,304 $122,028 $122,028
MTB UN M&T BANK CORP 0.6 Equities Financials United States USD 704 $121,654 $121,654
GLE FP SOCIETE GENERALE SA 0.6 Equities Financials France EUR 4,519 $114,913 $114,913
2388 HK BOC HONG KONG HOLDINGS LTD 0.6 Equities Financials China HKD 23,000 $112,892 $112,892
FITB UW FIFTH THIRD BANCORP 0.6 Equities Financials United States USD 4,143 $111,008 $111,008
KEY UN KEYCORP 0.6 Equities Financials United States USD 5,940 $108,043 $108,043
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.5 Equities Financials Sweden SEK 9,328 $103,121 $103,121
7182 JT JAPAN POST BANK CO LTD 0.5 Equities Financials Japan JPY 7,100 $102,484 $102,484
PBK MK PUBLIC BANK BHD 0.5 Equities Financials Malaysia MYR 16,400 $97,099 $97,099
055550 KP SHINHAN FINANCIAL GROUP CO LTD 0.5 Equities Financials South Korea KRW 2,616 $96,205 $96,205
ACA FP CREDIT AGRICOLE SA 0.5 Equities Financials France EUR 8,143 $95,342 $95,342
DNB NO DNB ASA 0.5 Equities Financials Norway NOK 5,153 $90,408 $90,408
MAY MK MALAYAN BANKING BHD 0.5 Equities Financials Malaysia MYR 28,800 $84,826 $84,826
BDORY UV BANCO DO BRASIL SA 0.4 Equities Financials Brazil USD 8,707 $81,073 $81,073
SBK SJ STANDARD BANK GROUP LTD 0.4 Equities Financials South Africa ZAR 8,623 $80,618 $80,618
RBS LN ROYAL BANK OF SCOTLAND GROUP P 0.4 Equities Financials Britain GBP 29,484 $67,606 $67,606
FSR SJ FIRSTRAND LTD 0.3 Equities Financials South Africa ZAR 18,715 $62,125 $62,125
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 47,000 $46,236 $46,236
ABN NA ABN AMRO BANK NV 0.2 Equities Financials Netherlands EUR 2,840 $38,451 $38,451
JPY JPY - JAPANESE YEN 0.2 Cash JPY 2,455,900 $36,210 $36,210
CAD CAD - CANADA DOLLAR 0.1 Cash CAD 17,143 $19,633 $19,633
USD USD - UNITED STATES DOLLAR 0.1 Cash USD 5,922 $9,507 $9,507
EUR EUR - EURO 0.0 Cash EUR 4,168 $7,266 $7,266
KRW KRW - KOREAN WON 0.0 Cash KRW 4,962,642 $6,553 $6,553
CHF CHF - SWISS FRANC 0.0 Cash CHF 699 $1,154 $1,154
HKD HKD - HONG KONG DOLLAR 0.0 Cash HKD 4,091 $847 $847
SGD SGD - SINGAPORE DOLLAR 0.0 Cash SGD 733 $826 $826
SEK SEK - SWEDISH KRONA 0.0 Cash SEK 4,436 $706 $706
NOK NOK - NORWEGIAN KRONE 0.0 Cash NOK 3,756 $588 $588
AUD AUD - AUSTRALIA DOLLAR 0.0 Cash AUD 459 $459 $459
DKK DKK - DANISH KRONE 0.0 Cash DKK 857 $200 $200
ZAR ZAR - SOUTH AFRICA RAND 0.0 Cash ZAR 588 $52 $52
MYR MYR - MALAYSIAN RINGGIT Cash MYR 5 $2 $2
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 18,737,606 $18,737,606
CAD CAD - CANADA DOLLAR FX Forwards CAD -2,273,080 -$2,603,161
CHF CHF - SWISS FRANC FX Forwards CHF -321,628 -$531,090
EUR EUR - EURO FX Forwards EUR -1,121,113 -$1,954,521
GBP GBP - BRITISH POUND FX Forwards GBP -838,289 -$1,667,109
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -9,206,423 -$1,906,684
JPY JPY - JAPANESE YEN FX Forwards JPY -89,213,131 -$1,315,362
SEK SEK - SWEDISH KRONA FX Forwards SEK -2,479,619 -$394,875
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -583,382 -$656,962
USD USD - UNITED STATES DOLLAR FX Forwards USD -4,594,835 -$7,376,521
GBP GBP - BRITISH POUND -0.3 Cash GBP -27,729 -$55,144 -$55,144
Download CSV
* As at 8 April 2020

Sector Allocation

Financials
100.0%
* As of 29 February 2020

Country Allocation

United States
35.5%
Canada
13.5%
Britain
8.6%
China
7.4%
Japan
6.2%
Brazil
4.5%
France
3.7%
Spain
3.5%
Singapore
3.5%
Other
13.6%
* As of 29 February 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -24.72% -24.32%
3 months -35.82% -35.12%
6 months -30.30% -29.52%
1 year -27.88% -26.78%
3 year p.a -10.19% -9.30%
5 year p.a - -3.02%
Since inception (p.a) -0.59% 0.24%
Inception date 28-Jul-16 -
* As at 31 March 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* (%) 2.1%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 29 February 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 2.10%
2-Jan-19 3-Jan-19 17-Jan-19 $0.08651 3.78%
2-Jul-18 3-Jul-18 17-Jul-18 $0.2187 3.81%
2-Jan-18 3-Jan-18 17-Jan-18 $0.04695 2.52%
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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The Investment Case for BNKS
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Product Disclosure Statement - Global Sector Series
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Annual Report - June 2019
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Index Methodology
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Interim Financial Report 2018
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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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