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 16 May 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* $6.05
* As at 13 May 2022

Profile

Net Assets* ($A) $117,635,710
Units Outstanding* (#) 19,434,340
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 13 May 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 (%)
JPMORGAN CHASE & CO 7.8
BANK OF AMERICA CORP 7.5
WELLS FARGO & CO 6.1
ROYAL BANK OF CANADA 5.3
TORONTO-DOMINION BANK/THE 5.0
HSBC HOLDINGS PLC 4.0
CITIGROUP INC 3.5
MITSUBISHI UFJ FINANCIAL GROUP 3.0
BANK OF NOVA SCOTIA/THE 2.9
CHINA CONSTRUCTION BANK CORP 2.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
JPM UN JPMORGAN CHASE & CO 7.8 Equities Financials United States USD 54,595 $9,285,870 $9,285,870
BAC UN BANK OF AMERICA CORP 7.5 Equities Financials United States USD 175,148 $8,850,779 $8,850,779
WFC UN WELLS FARGO & CO 6.1 Equities Financials United States USD 119,975 $7,227,889 $7,227,889
RY CT ROYAL BANK OF CANADA 5.3 Equities Financials Canada CAD 44,682 $6,247,704 $6,247,704
TD CT TORONTO-DOMINION BANK/THE 5.0 Equities Financials Canada CAD 57,330 $5,882,017 $5,882,017
HSBA LN HSBC HOLDINGS PLC 4.0 Equities Financials Britain GBP 551,725 $4,713,748 $4,713,748
C UN CITIGROUP INC 3.5 Equities Financials United States USD 62,440 $4,189,058 $4,189,058
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 3.0 Equities Financials Japan JPY 430,100 $3,498,628 $3,498,628
BNS CT BANK OF NOVA SCOTIA/THE 2.9 Equities Financials Canada CAD 37,964 $3,402,530 $3,402,530
939 HK CHINA CONSTRUCTION BANK CORP 2.6 Equities Financials China HKD 3,107,000 $3,074,148 $3,074,148
PNC UN PNC FINANCIAL SERVICES GROUP I 2.6 Equities Financials United States USD 13,190 $3,027,618 $3,027,618
BMO CT BANK OF MONTREAL 2.5 Equities Financials Canada CAD 20,440 $2,981,403 $2,981,403
USB UN US BANCORP 2.5 Equities Financials United States USD 42,564 $2,980,093 $2,980,093
TFC UN TRUIST FINANCIAL CORP 2.4 Equities Financials United States USD 41,864 $2,803,199 $2,803,199
BNP FP BNP PARIBAS SA 2.2 Equities Financials France EUR 33,460 $2,580,913 $2,580,913
CM CT CANADIAN IMPERIAL BANK OF COMM 1.8 Equities Financials Canada CAD 14,215 $2,144,619 $2,144,619
SAN SQ BANCO SANTANDER SA 1.7 Equities Financials Spain EUR 519,263 $2,067,313 $2,067,313
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.6 Equities Financials Japan JPY 43,500 $1,853,169 $1,853,169
DBS SP DBS GROUP HOLDINGS LTD 1.6 Equities Financials Singapore SGD 57,600 $1,850,492 $1,850,492
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 2,127,226 $1,615,158 $1,615,158
ISP IM INTESA SANPAOLO SPA 1.4 Equities Financials Italy EUR 545,094 $1,604,776 $1,604,776
INGA NA ING GROEP NV 1.3 Equities Financials Netherlands EUR 115,676 $1,545,876 $1,545,876
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.3 Equities Financials Singapore SGD 127,400 $1,541,767 $1,541,767
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.3 Equities Financials China HKD 1,860,000 $1,526,213 $1,526,213
NDA SS NORDEA BANK ABP 1.2 Equities Financials Finland SEK 101,849 $1,414,298 $1,414,298
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.2 Equities Financials Spain EUR 198,864 $1,404,878 $1,404,878
8411 JT MIZUHO FINANCIAL GROUP INC 1.2 Equities Financials Japan JPY 80,400 $1,368,722 $1,368,722
3988 HK BANK OF CHINA LTD 1.1 Equities Financials China HKD 2,478,000 $1,355,540 $1,355,540
UOB SP UNITED OVERSEAS BANK LTD 1.1 Equities Financials Singapore SGD 45,895 $1,332,987 $1,332,987
DFS UN DISCOVER FINANCIAL SERVICES 1.0 Equities Financials United States USD 7,903 $1,154,134 $1,154,134
BARC LN BARCLAYS PLC 1.0 Equities Financials Britain GBP 443,672 $1,144,388 $1,144,388
SANB11 BS BANCO SANTANDER BRASIL SA 0.9 Equities Financials Brazil BRL 119,200 $1,111,244 $1,111,244
SIVB UW SVB FINANCIAL GROUP 0.9 Equities Financials United States USD 1,739 $1,091,435 $1,091,435
FRC UN FIRST REPUBLIC BANK/CA 0.9 Equities Financials United States USD 5,369 $1,083,161 $1,083,161
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 10,662 $1,056,328 $1,056,328
FITB UW FIFTH THIRD BANCORP 0.8 Equities Financials United States USD 18,749 $966,627 $966,627
ITUB4 BS ITAU UNIBANCO HOLDING SA 0.8 Equities Financials Brazil BRL 134,400 $936,936 $936,936
BBDC4 BS BANCO BRADESCO SA 0.8 Equities Financials Brazil BRL 169,138 $914,298 $914,298
3968 HK CHINA MERCHANTS BANK CO LTD 0.8 Equities Financials China HKD 118,500 $904,912 $904,912
UCG IM UNICREDIT SPA 0.8 Equities Financials Italy EUR 62,451 $903,829 $903,829
MTB UN M&T BANK CORP 0.7 Equities Financials United States USD 3,620 $864,471 $864,471
DBK GY DEUTSCHE BANK AG 0.7 Equities Financials Germany EUR 61,238 $839,048 $839,048
HBAN UW HUNTINGTON BANCSHARES INC/OH 0.7 Equities Financials United States USD 42,610 $790,802 $790,802
RF UN REGIONS FINANCIAL CORP 0.7 Equities Financials United States USD 27,472 $784,575 $784,575
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.6 Equities Financials Sweden SEK 49,933 $760,016 $760,016
STAN LN STANDARD CHARTERED PLC 0.6 Equities Financials Britain GBP 75,543 $754,362 $754,362
CFG UN CITIZENS FINANCIAL GROUP INC 0.6 Equities Financials United States USD 13,556 $738,157 $738,157
GLE FP SOCIETE GENERALE SA 0.6 Equities Financials France EUR 21,373 $736,110 $736,110
KBC BB KBC GROUP NV 0.6 Equities Financials Belgium EUR 8,147 $673,029 $673,029
ACA FP CREDIT AGRICOLE SA 0.6 Equities Financials France EUR 44,164 $666,734 $666,734
KEY UN KEYCORP 0.6 Equities Financials United States USD 24,857 $663,689 $663,689
NWG LN NATWEST GROUP PLC 0.5 Equities Financials Britain GBP 173,702 $637,644 $637,644
SWEDA SS SWEDBANK AB 0.5 Equities Financials Sweden SEK 29,259 $628,214 $628,214
2388 HK BOC HONG KONG HOLDINGS LTD 0.5 Equities Financials China HKD 113,500 $602,128 $602,128
CABK SQ CAIXABANK SA 0.5 Equities Financials Spain EUR 137,203 $591,836 $591,836
11 HK HANG SENG BANK LTD 0.5 Equities Financials Hong Kong HKD 22,900 $572,542 $572,542
DNB NO DNB BANK ASA 0.5 Equities Norway NOK 21,502 $572,359 $572,359
FSR SJ FIRSTRAND LTD 0.4 Equities Financials South Africa ZAR 83,104 $494,922 $494,922
MAY MK MALAYAN BANKING BHD 0.4 Equities Financials Malaysia MYR 146,000 $438,237 $438,237
3328 HK BANK OF COMMUNICATIONS CO LTD 0.2 Equities Financials China HKD 232,000 $217,622 $217,622
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 120,555,164 $120,555,164
BRL BRL - BRAZILIAN REAL FX Forwards BRL -10,027,368 -$2,854,360
CAD CAD - CANADA DOLLAR FX Forwards CAD -20,207,029 -$22,542,424
EUR EUR - EURO FX Forwards EUR -9,111,346 -$13,670,437
GBP GBP - BRITISH POUND FX Forwards GBP -5,193,158 -$9,178,434
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -47,331,911 -$8,688,580
JPY JPY - JAPANESE YEN FX Forwards JPY -617,851,650 -$6,890,436
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -1,306,558 -$432,392
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -3,983,577 -$587,795
SEK SEK - SWEDISH KRONA FX Forwards SEK -20,173,733 -$2,888,606
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -4,816,087 -$4,981,472
USD USD - UNITED STATES DOLLAR FX Forwards USD -34,296,525 -$49,418,624
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -5,750,984 -$512,643
Download CSV
* As at 13 May 2022. Excludes cash

Sector Allocation

Diversified Banks
86.6%
Regional Banks
11.2%
Consumer Finance
1.1%
Diversified Capital Markets
0.7%
Other Diversified Financial Services
0.4%
* As of 29 April 2022

Country Allocation

United States
39.8%
Canada
18.2%
Britain
7.5%
China
6.5%
Japan
5.5%
Singapore
4.0%
Spain
3.4%
France
3.2%
Brazil
2.4%
Other
9.5%
* As of 29 April 2022

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -7.41% -7.45%
3 months -13.14% -13.13%
6 months -10.80% -10.64%
1 year -3.18% -2.81%
3 year p.a -0.71% 0.37%
5 year p.a 1.04% 2.01%
Since inception (p.a) 6.39% 7.29%
Inception date 28-Jul-16 -
* As at 29 April 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* (%) 4.1%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 29 April 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)
04-Jan-22 05-Jan-22 19-Jan-22 $0.07142 3.63%
01-Jul-21 02-Jul-21 16-Jul-21 $0.18419 0.92%
04-Jan-21 05-Jan-21 19-Jan-21 $0.06186 2.26%
02-Jan-20 03-Jan-20 17-Jan-20 $0.12469 1.23%
02-Jan-19 03-Jan-19 17-Jan-19 $0.08651 4.45%
02-Jul-18 03-Jul-18 17-Jul-18 $0.2187 2.22%
02-Jan-18 03-Jan-18 17-Jan-18 $0.04695 1.43%
03-Jul-17 04-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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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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