Global Banks ETF - Currency Hedged

OVERVIEW

About

Provides simple, cost-effective and transparent exposure to the largest global banks

Tactical exposure to the global banking sector, excluding Australia
A core component of a global equities allocation providing transparency and diversification benefits

Advantages

Access – simple way to access a diversified portfolio of the world’s largest banks
Reduced currency risk – foreign currency exposure hedged to the Australian dollar
Diversification – with a single trade, investors can get exposure to a diversified portfolio of banks from a broad range of global locations
Cost effective – Fund aims to track the performance of an index (no ‘active manager’ fees)
Large company exposure – strategy invests only in the most significant global banks
No W-8 BEN forms and no US estate tax implications for investors – simplified tax administration, unlike cross-listed alternatives
Liquidity – available to trade on ASX like any share

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 18 January 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 *	$6.77

* As at 15 January 2020

Profile

Net Assets* ($A)	$38,011,982
Units Outstanding* (#)	5,618,859
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 15 January 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 Methodology

Portfolio Holdings

Top 10 All

Name	Weight (%)
BANK OF AMERICA CORP	8.2
JPMORGAN CHASE & CO	8.1
WELLS FARGO & CO	6.5
CITIGROUP INC	6.1
HSBC HOLDINGS PLC	4.7
ROYAL BANK OF CANADA	3.9
TORONTO-DOMINION BANK/THE	3.6
CHINA CONSTRUCTION BANK CORP	2.9
US BANCORP	2.7
MITSUBISHI UFJ FINANCIAL GROUP	2.5

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	62,539	$3,148,259	$3,148,259
JPM UN	JPMORGAN CHASE & CO	8.1	Equities	Financials	United States	USD	15,815	$3,147,178	$3,147,178
WFC UN	WELLS FARGO & CO	6.5	Equities	Financials	United States	USD	35,214	$2,514,556	$2,514,556
C UN	CITIGROUP INC	6.1	Equities	Financials	United States	USD	19,976	$2,346,029	$2,346,029
HSBA LN	HSBC HOLDINGS PLC	4.7	Equities	Financials	Britain	GBP	161,689	$1,811,395	$1,811,395
RY CT	ROYAL BANK OF CANADA	3.9	Equities	Financials	Canada	CAD	12,728	$1,501,864	$1,501,864
TD CT	TORONTO-DOMINION BANK/THE	3.6	Equities	Financials	Canada	CAD	16,682	$1,371,499	$1,371,499
939 HK	CHINA CONSTRUCTION BANK CORP	2.9	Equities	Financials	China	HKD	904,000	$1,128,313	$1,128,313
USB UN	US BANCORP	2.7	Equities	Financials	United States	USD	13,171	$1,053,947	$1,053,947
8306 JT	MITSUBISHI UFJ FINANCIAL GROUP	2.5	Equities	Financials	Japan	JPY	128,100	$970,276	$970,276
BNS CT	BANK OF NOVA SCOTIA/THE	2.3	Equities	Financials	Canada	CAD	11,146	$898,767	$898,767
BNP FP	BNP PARIBAS SA	2.2	Equities	Financials	France	EUR	10,540	$861,002	$861,002
SAN SQ	BANCO SANTANDER SA	2.2	Equities	Financials	Spain	EUR	144,711	$849,152	$849,152
PNC UN	PNC FINANCIAL SERVICES GROUP I	2.2	Equities	Financials	United States	USD	3,816	$844,422	$844,422
BMO CT	BANK OF MONTREAL	1.7	Equities	Financials	Canada	CAD	5,859	$673,173	$673,173
LLOY LN	LLOYDS BANKING GROUP PLC	1.7	Equities	Financials	Britain	GBP	597,036	$655,387	$655,387
UBSG SW	UBS GROUP AG	1.7	Equities	Financials	Switzerland	CHF	34,337	$653,878	$653,878
8316 JT	SUMITOMO MITSUI FINANCIAL GROU	1.7	Equities	Financials	Japan	JPY	12,500	$648,197	$648,197
INGA NA	ING GROEP NV	1.6	Equities	Financials	Netherlands	EUR	35,717	$612,489	$612,489
1398 HK	INDUSTRIAL & COMMERCIAL BANK O	1.5	Equities	Financials	China	HKD	541,000	$590,457	$590,457
BBD UN	BANCO BRADESCO SA	1.5	Equities	Financials	Brazil	USD	47,272	$564,769	$564,769
BSBR UN	BANCO SANTANDER BRASIL SA	1.4	Equities	Financials	Brazil	USD	35,657	$557,318	$557,318
TFC UN	TRUIST FINANCIAL CORP	1.4	Equities	Financials	United States	USD	6,673	$540,458	$540,458
ISP IM	INTESA SANPAOLO SPA	1.4	Equities	Financials	Italy	EUR	141,240	$529,679	$529,679
8411 JT	MIZUHO FINANCIAL GROUP INC	1.3	Equities	Financials	Japan	JPY	238,000	$515,280	$515,280
ITUB US	ITAU UNIBANCO HOLDING SA	1.3	Equities	Financials	Brazil	USD	41,637	$499,861	$499,861
CM CT	CANADIAN IMPERIAL BANK OF COMM	1.3	Equities	Financials	Canada	CAD	4,084	$493,022	$493,022
DBS SP	DBS GROUP HOLDINGS LTD	1.2	Equities	Financials	Singapore	SGD	16,400	$464,814	$464,814
CSGN SW	CREDIT SUISSE GROUP AG	1.2	Equities	Financials	Switzerland	CHF	22,333	$452,465	$452,465
3988 HK	BANK OF CHINA LTD	1.1	Equities	Financials	China	HKD	721,000	$443,899	$443,899
BBVA SQ	BANCO BILBAO VIZCAYA ARGENTARI	1.1	Equities	Financials	Spain	EUR	57,221	$442,347	$442,347
BARC LN	BARCLAYS PLC	1.1	Equities	Financials	Britain	GBP	131,402	$440,456	$440,456
OCBC SP	OVERSEA-CHINESE BANKING CORP L	1.1	Equities	Financials	Singapore	SGD	36,300	$434,115	$434,115
UCG IM	UNICREDIT SPA	1.1	Equities	Financials	Italy	EUR	19,890	$421,245	$421,245
UOB SP	UNITED OVERSEAS BANK LTD	1.0	Equities	Financials	Singapore	SGD	13,695	$395,814	$395,814
NDA SS	NORDEA BANK ABP	0.9	Equities	Financials	Finland	SEK	29,199	$340,768	$340,768
GLE FP	SOCIETE GENERALE SA	0.9	Equities	Financials	France	EUR	6,809	$336,547	$336,547
STAN LN	STANDARD CHARTERED PLC	0.8	Equities	Financials	Britain	GBP	22,752	$302,641	$302,641
KBC BB	KBC GROUP NV	0.7	Equities	Financials	Belgium	EUR	2,544	$276,788	$276,788
3968 HK	CHINA MERCHANTS BANK CO LTD	0.7	Equities	Financials	China	HKD	34,500	$262,290	$262,290
MTB UN	M&T BANK CORP	0.7	Equities	Financials	United States	USD	1,064	$252,926	$252,926
FITB UW	FIFTH THIRD BANCORP	0.6	Equities	Financials	United States	USD	5,882	$250,648	$250,648
ACA FP	CREDIT AGRICOLE SA	0.6	Equities	Financials	France	EUR	11,898	$245,433	$245,433
KEY UN	KEYCORP	0.6	Equities	Financials	United States	USD	8,438	$237,468	$237,468
BDORY UV	BANCO DO BRASIL SA	0.6	Equities	Financials	Brazil	USD	13,126	$225,713	$225,713
11 HK	HANG SENG BANK LTD	0.5	Equities	Financials	Hong Kong	HKD	6,500	$206,157	$206,157
SHBA SS	SVENSKA HANDELSBANKEN AB	0.5	Equities	Financials	Sweden	SEK	14,017	$205,425	$205,425
SBK SJ	STANDARD BANK GROUP LTD	0.5	Equities	Financials	South Africa	ZAR	12,022	$203,729	$203,729
DNB NO	DNB ASA	0.5	Equities	Financials	Norway	NOK	7,211	$191,469	$191,469
055550 KP	SHINHAN FINANCIAL GROUP CO LTD	0.5	Equities	Financials	South Korea	KRW	3,649	$188,257	$188,257
SEBA SS	SKANDINAVISKA ENSKILDA BANKEN	0.5	Equities	Financials	Sweden	SEK	13,008	$179,391	$179,391
RBS LN	ROYAL BANK OF SCOTLAND GROUP P	0.4	Equities	Financials	Britain	GBP	41,109	$173,025	$173,025
2388 HK	BOC HONG KONG HOLDINGS LTD	0.4	Equities	Financials	China	HKD	32,000	$168,955	$168,955
PBK MK	PUBLIC BANK BHD	0.4	Equities	Financials	Malaysia	MYR	22,900	$159,432	$159,432
FSR SJ	FIRSTRAND LTD	0.4	Equities	Financials	South Africa	ZAR	26,098	$159,053	$159,053
7182 JT	JAPAN POST BANK CO LTD	0.4	Equities	Financials	Japan	JPY	10,500	$140,958	$140,958
MAY MK	MALAYAN BANKING BHD	0.3	Equities	Financials	Malaysia	MYR	40,200	$123,197	$123,197
ABN NA	ABN AMRO BANK NV	0.3	Equities	Financials	Netherlands	EUR	3,961	$104,829	$104,829
USD	USD - UNITED STATES DOLLAR	0.2	Cash			USD	47,547	$68,938	$68,938
3328 HK	BANK OF COMMUNICATIONS CO LTD	0.2	Equities	Financials	China	HKD	66,000	$67,108	$67,108
CAD	CAD - CANADA DOLLAR	0.1	Cash			CAD	29,682	$32,995	$32,995
AUD	AUD - AUSTRALIA DOLLAR	0.1	Cash			AUD	19,772	$19,772	$19,772
KRW	KRW - KOREAN WON	0.0	Cash			KRW	4,962,642	$6,199	$6,199
CHF	CHF - SWISS FRANC	0.0	Cash			CHF	2,725	$4,094	$4,094
SEK	SEK - SWEDISH KRONA	0.0	Cash			SEK	13,532	$2,067	$2,067
GBP	GBP - BRITISH POUND	0.0	Cash			GBP	995	$1,887	$1,887
EUR	EUR - EURO	0.0	Cash			EUR	1,001	$1,616	$1,616
SGD	SGD - SINGAPORE DOLLAR	0.0	Cash			SGD	1,513	$1,629	$1,629
HKD	HKD - HONG KONG DOLLAR	0.0	Cash			HKD	8,139	$1,518	$1,518
JPY	JPY - JAPANESE YEN	0.0	Cash			JPY	97,050	$1,277	$1,277
NOK	NOK - NORWEGIAN KRONE	0.0	Cash			NOK	4,617	$753	$753
DKK	DKK - DANISH KRONE	0.0	Cash			DKK	860	$186	$186
ZAR	ZAR - SOUTH AFRICA RAND	0.0	Cash			ZAR	298	$30	$30
AUD	AUD - AUSTRALIA DOLLAR		FX Forwards			AUD	37,754,096		$37,754,096
CAD	CAD - CANADA DOLLAR		FX Forwards			CAD	-4,500,518		-$5,002,799
CHF	CHF - SWISS FRANC		FX Forwards			CHF	-714,011		-$1,072,733
EUR	EUR - EURO		FX Forwards			EUR	-3,014,160		-$4,867,043
GBP	GBP - BRITISH POUND		FX Forwards			GBP	-1,880,150		-$3,564,603
HKD	HKD - HONG KONG DOLLAR		FX Forwards			HKD	-15,699,656		-$2,929,040
JPY	JPY - JAPANESE YEN		FX Forwards			JPY	-178,282,917		-$2,346,445
SGD	SGD - SINGAPORE DOLLAR		FX Forwards			SGD	-1,206,852		-$1,299,087
USD	USD - UNITED STATES DOLLAR		FX Forwards			USD	-11,852,582		-$17,185,127

Download CSV

* As at 16 January 2020

Sector Allocation

Financials

100.0%

* As of 31 December 2019

Country Allocation

United States	37.7%
Canada	12.5%
Britain	8.9%
China	6.8%
Japan	5.9%
Brazil	5.2%
France	3.8%
Spain	3.4%
Singapore	3.2%
Other	12.5%

* As of 31 December 2019

PERFORMANCE

Fund Returns After Fees (%)

	Fund	Index
1 month	2.93%	2.83%
3 months	8.60%	8.63%
6 months	8.82%	9.44%
1 year	19.52%	20.32%
3 year p.a	5.59%	6.20%
5 year p.a	-	6.07%
Since inception (p.a)	13.09%	13.75%
Inception date	28-Jul-16	-

* As at 31 December 2019

Chart

Chart Type

Draw trend line

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 December 2019. 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	-

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	Download
	Fund Flyer - BNKS	Download
	Portfolio Holdings	Download
	The Investment Case for BNKS	Download
	Product Disclosure Statement - Global Sector Series	Download
	Annual Report - June 2019	Download
	NRWT and Fund Payment Notice information – December 2018 distributions	Download
	Notice of Modifications to Fund Constitution – AMIT Tax Regime	Download
	Index Methodology	Download
	2018 Distribution Calendar	Download
	Interim Financial Report 2018	Download
	NRWT and Fund Payment Notice information - December 2019 distributions	Download

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