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 18 September 2021

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* $6.55
* As at 16 September 2021

Profile

Net Assets* ($A) $87,989,409
Units Outstanding* (#) 13,430,279
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 16 September 2021
**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 8.1
BANK OF AMERICA CORP 8.0
WELLS FARGO & CO 6.5
ROYAL BANK OF CANADA 4.9
CITIGROUP INC 4.9
TORONTO-DOMINION BANK/THE 3.8
HSBC HOLDINGS PLC 3.0
PNC FINANCIAL SERVICES GROUP I 2.7
MITSUBISHI UFJ FINANCIAL GROUP 2.7
US BANCORP 2.6
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
JPM UN JPMORGAN CHASE & CO 8.1 Equities Financials United States USD 32,971 $7,145,148 $7,145,148
BAC UN BANK OF AMERICA CORP 8.0 Equities Financials United States USD 127,748 $7,083,491 $7,083,491
WFC UN WELLS FARGO & CO 6.5 Equities Financials United States USD 90,050 $5,712,836 $5,712,836
RY CT ROYAL BANK OF CANADA 4.9 Equities Financials Canada CAD 31,036 $4,345,979 $4,345,979
C UN CITIGROUP INC 4.9 Equities Financials United States USD 45,030 $4,320,905 $4,320,905
TD CT TORONTO-DOMINION BANK/THE 3.8 Equities Financials Canada CAD 37,641 $3,373,981 $3,373,981
HSBA LN HSBC HOLDINGS PLC 3.0 Equities Financials Britain GBP 379,489 $2,647,731 $2,647,731
PNC UN PNC FINANCIAL SERVICES GROUP I 2.7 Equities Financials United States USD 9,286 $2,417,288 $2,417,288
8306 JT MITSUBISHI UFJ FINANCIAL GROUP 2.7 Equities Financials Japan JPY 296,900 $2,351,463 $2,351,463
USB UN US BANCORP 2.6 Equities Financials United States USD 29,629 $2,319,144 $2,319,144
BNS CT BANK OF NOVA SCOTIA/THE 2.6 Equities Financials Canada CAD 26,522 $2,250,343 $2,250,343
TFC UN TRUIST FINANCIAL CORP 2.5 Equities Financials United States USD 29,394 $2,227,416 $2,227,416
939 HK CHINA CONSTRUCTION BANK CORP 2.4 Equities Financials China HKD 2,154,000 $2,147,512 $2,147,512
BNP FP BNP PARIBAS SA 2.3 Equities Financials France EUR 23,493 $2,051,896 $2,051,896
BMO CT BANK OF MONTREAL 2.2 Equities Financials Canada CAD 14,147 $1,969,235 $1,969,235
SAN SQ BANCO SANTANDER SA 2.0 Equities Financials Spain EUR 360,069 $1,802,377 $1,802,377
INGA NA ING GROEP NV 1.8 Equities Financials Netherlands EUR 85,332 $1,620,771 $1,620,771
CM CT CANADIAN IMPERIAL BANK OF COMM 1.8 Equities Financials Canada CAD 9,807 $1,569,141 $1,569,141
8316 JT SUMITOMO MITSUI FINANCIAL GROU 1.7 Equities Financials Japan JPY 30,000 $1,483,323 $1,483,323
ISP IM INTESA SANPAOLO SPA 1.7 Equities Financials Italy EUR 377,981 $1,467,488 $1,467,488
BBVA SQ BANCO BILBAO VIZCAYA ARGENTARI 1.4 Equities Financials Spain EUR 137,897 $1,272,895 $1,272,895
LLOY LN LLOYDS BANKING GROUP PLC 1.4 Equities Financials Britain GBP 1,473,493 $1,247,674 $1,247,674
NDA SS NORDEA BANK ABP 1.4 Equities Financials Finland SEK 69,931 $1,207,704 $1,207,704
DBS SP DBS GROUP HOLDINGS LTD 1.4 Equities Financials Singapore SGD 39,200 $1,201,484 $1,201,484
BARC LN BARCLAYS PLC 1.3 Equities Financials Britain GBP 326,859 $1,129,445 $1,129,445
DFS UN DISCOVER FINANCIAL SERVICES 1.2 Equities Financials United States USD 6,264 $1,067,327 $1,067,327
8411 JT MIZUHO FINANCIAL GROUP INC 1.2 Equities Financials Japan JPY 52,700 $1,062,229 $1,062,229
FRC UN FIRST REPUBLIC BANK/CA 1.2 Equities Financials United States USD 3,801 $1,046,877 $1,046,877
OCBC SP OVERSEA-CHINESE BANKING CORP L 1.2 Equities Financials Singapore SGD 87,100 $1,029,509 $1,029,509
SIVB UW SVB FINANCIAL GROUP 1.1 Equities Financials United States USD 1,128 $940,825 $940,825
3968 HK CHINA MERCHANTS BANK CO LTD 1.1 Equities Financials China HKD 82,500 $929,326 $929,326
1398 HK INDUSTRIAL & COMMERCIAL BANK O 1.0 Equities Financials China HKD 1,176,000 $903,165 $903,165
3988 HK BANK OF CHINA LTD 0.9 Equities Financials China HKD 1,700,000 $835,462 $835,462
UOB SP UNITED OVERSEAS BANK LTD 0.9 Equities Financials Singapore SGD 31,895 $830,687 $830,687
DBK GY DEUTSCHE BANK AG 0.9 Equities Financials Germany EUR 45,174 $808,630 $808,630
SANB11 BS BANCO SANTANDER BRASIL SA 0.9 Equities Financials Brazil BRL 82,700 $785,662 $785,662
NA CT NATIONAL BANK OF CANADA 0.9 Equities Financials Canada CAD 7,374 $785,216 $785,216
UCG IM UNICREDIT SPA 0.9 Equities Financials Italy EUR 44,134 $765,246 $765,246
FITB UW FIFTH THIRD BANCORP 0.9 Equities Financials United States USD 13,541 $749,906 $749,906
ITUB4 BS ITAU UNIBANCO HOLDING SA 0.8 Equities Financials Brazil BRL 98,500 $730,465 $730,465
KBC BB KBC GROUP NV 0.8 Equities Financials Belgium EUR 6,103 $716,888 $716,888
SEBA SS SKANDINAVISKA ENSKILDA BANKEN 0.7 Equities Financials Sweden SEK 31,779 $620,607 $620,607
BBDC4 BS BANCO BRADESCO SA 0.7 Equities Financials Brazil BRL 106,680 $576,551 $576,551
SWEDA SS SWEDBANK AB 0.6 Equities Financials Sweden SEK 20,289 $546,355 $546,355
KEY UN KEYCORP 0.6 Equities Financials United States USD 18,455 $528,478 $528,478
SHBA SS SVENSKA HANDELSBANKEN AB 0.6 Equities Financials Sweden SEK 33,581 $508,410 $508,410
MTB UN M&T BANK CORP 0.6 Equities Financials United States USD 2,587 $487,647 $487,647
ACA FP CREDIT AGRICOLE SA 0.5 Equities Financials France EUR 24,863 $475,929 $475,929
DNB NO DNB BANK ASA 0.5 Equities Norway NOK 15,588 $463,876 $463,876
NWG LN NATWEST GROUP PLC 0.5 Equities Financials Britain GBP 113,866 $456,558 $456,558
STAN LN STANDARD CHARTERED PLC 0.5 Equities Financials Britain GBP 53,175 $443,821 $443,821
11 HK HANG SENG BANK LTD 0.4 Equities Financials Hong Kong HKD 15,900 $383,699 $383,699
PBK MK PUBLIC BANK BHD 0.4 Equities Financials Malaysia MYR 271,500 $357,894 $357,894
FSR SJ FIRSTRAND LTD 0.4 Equities Financials South Africa ZAR 58,852 $330,867 $330,867
2388 HK BOC HONG KONG HOLDINGS LTD 0.4 Equities Financials China HKD 78,500 $322,872 $322,872
7182 JT JAPAN POST BANK CO LTD 0.4 Equities Financials Japan JPY 25,600 $314,364 $314,364
BBAS3 BS BANCO DO BRASIL SA 0.3 Equities Financials Brazil BRL 31,300 $240,017 $240,017
MAY MK MALAYAN BANKING BHD 0.2 Equities Financials Malaysia MYR 79,800 $217,469 $217,469
BBDC3 BS BANCO BRADESCO SA 0.2 Equities Financials Brazil BRL 37,360 $172,942 $172,942
3328 HK BANK OF COMMUNICATIONS CO LTD 0.1 Equities Financials China HKD 161,000 $129,887 $129,887
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 88,064,376 $88,064,376
BRL BRL - BRAZILIAN REAL FX Forwards BRL -10,555,047 -$2,746,493
CAD CAD - CANADA DOLLAR FX Forwards CAD -13,152,390 -$14,214,190
EUR EUR - EURO FX Forwards EUR -6,682,634 -$10,776,704
GBP GBP - BRITISH POUND FX Forwards GBP -3,238,146 -$6,124,385
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -31,746,334 -$5,591,998
JPY JPY - JAPANESE YEN FX Forwards JPY -394,393,493 -$4,926,839
MYR MYR - MALAYSIAN RINGGIT FX Forwards MYR -1,804,857 -$593,313
NOK NOK - NORWEGIAN KRONE FX Forwards NOK -2,937,923 -$466,409
SEK SEK - SWEDISH KRONA FX Forwards SEK -17,617,475 -$2,800,559
SGD SGD - SINGAPORE DOLLAR FX Forwards SGD -3,028,722 -$3,086,124
USD USD - UNITED STATES DOLLAR FX Forwards USD -26,629,821 -$36,504,210
ZAR ZAR - SOUTH AFRICA RAND FX Forwards ZAR -3,559,746 -$334,553
Download CSV
* As at 16 September 2021. Excludes cash

Sector Allocation

Diversified Banks
87.9%
Regional Banks
9.6%
Consumer Finance
1.3%
Diversified Capital Markets
0.9%
Other Diversified Financial Services
0.4%
* As of 31 August 2021

Country Allocation

United States
41.3%
Canada
16.2%
Britain
6.8%
China
5.9%
Japan
5.4%
Spain
3.5%
Singapore
3.3%
Brazil
3.2%
France
2.9%
Other
11.5%
* As of 31 August 2021

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 2.79% 2.90%
3 months -2.96% -2.83%
6 months 12.84% 12.89%
1 year 44.05% 44.88%
3 year p.a 0.70% 1.80%
5 year p.a 6.78% 7.77%
Since inception (p.a) 8.36% 9.35%
Inception date 28-Jul-16 -
* As at 31 August 2021

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* (%) 3.7%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 August 2021. 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-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 - 8 March 2021
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Interim Financial Report - December 2020
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Annual Report - June 2020
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NRWT and Fund Payment Notice information - June 2021 distributions
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NRWT and Fund Payment Notice information - December 2020 distributions
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