Australian High Interest Cash ETF
- Cash & Fixed income
Attractive returns from your cash, paid monthly
Overview
Fund objective
AAA aims to provide exposure to Australian cash deposits, with attractive monthly income distributions that exceed the 30-day Bank Bill Swap Rate (BBSW) (after fees and expenses).
Assets are invested in deposit accounts held with selected banks in Australia.
Benefits of AAA
-
Attractive income paid monthly
Generate attractive income on cash deposits with income paid monthly at a rate competitive with ‘at call’ bank deposits and term deposits.
-
Convenient and liquid
There is no need to open a bank account, lock your funds away in a term deposit, or seek out ‘honeymoon’ rates.
-
Simple structure
AAA owns nothing other than cash deposits with major banks, providing high levels of capital stability.
An investment in AAA does not receive the benefit of any government guarantee.
There are risks associated with an investment in AAA, including variable interest rates on the Fund’s bank deposits and credit risk generally associated with bank deposits. Investment value can go up and down and Betashares does not guarantee the performance of the Fund, the repayment of capital or any rate of return. An investment in the Fund should only be made after considering your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
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
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| iNAV (live)** | $50.123 |
* Data is delayed by at least 20 minutes.
** As at 8 December 2023
| NAV | |
|---|---|
| NAV/Unit* | $50.12 |
* As at 7 December 2023
Profile
| Net assets* ($A) | $3,456,936,371 |
|---|---|
| Units outstanding* (#) | 68,977,465 |
| Management fee and cost** (p.a.) | 0.18% |
| Distribution frequency | Monthly |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital |
| Registry | Link Market Services |
* As at 7 December 2023
**Certain additional costs apply. Please refer to PDS.Trading information
| ASX code | AAA |
|---|---|
| Bloomberg code | AAA AU |
| IRESS code | AAA.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | N/A |
|---|---|
| Index provider | N/A |
| Index ticker | N/A |
| Bloomberg index ticker | N/A |
Depository banks
| Current deposit accounts | National Australia Bank, Bendigo and Adelaide Bank Limited, Bank of Queensland, Rabobank, Bank of Tokyo-Mitsubishi UFJ, JP Morgan Chase Bank, Citibank NA |
|---|
Performance
Fund returns after fees (%)
| Fund | BBSW1M | |
|---|---|---|
| 1 month | 0.36% | 0.35% |
| 3 months | 1.06% | 1.04% |
| 6 months | 2.12% | 2.08% |
| 1 year | 3.91% | 3.82% |
| 3 year p.a. | 1.80% | 1.62% |
| 5 year p.a. | 1.59% | 1.32% |
| 10 year p.a. | 2.05% | 1.69% |
| Since inception | 2.35% | 1.92% |
| Inception date | 6-Mar-12 | - |
* As at 30 November 2023.
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.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| Distribution frequency | Monthly |
|---|---|
| Interest rate^ (p.a.) | 4.44% |
| 12 mth distribution yield* | 3.6% |
^The interest rate earned on Fund's bank deposits, net of management costs, as at 7 December 2023.
*Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit as at 31 October 2023. Yield will vary and may be lower at time of investment. Past performance is not an indicator of future performance.