Managed Risk Australian Share Fund (managed fund)
- Australian shares
Diversified Australian shares exposure, managed to reduce risk
Overview
Fund Objective
AUST aims to provide exposure to a diversified portfolio of the largest 200 Australian shares, managed to reduce volatility and defend against losses during market downturns. AUST does not aim to track an index.
Benefits of AUST
-
Diversified exposure
AUST holds a passively managed portfolio of the largest 200 shares listed on ASX.
-
A smoother investment ride
AUST’s risk management strategy aims to decrease portfolio volatility, regardless of market conditions.
-
Defend against declining markets
Potential to participate in the majority of sharemarket growth, while aiming for reduced downside in declining markets.
There are risks associated with an investment in AUST, including market risk, the risk management strategy may not be effective, and selling futures in rising markets can be expected to limit AUST’s capital growth. Investment value can go up and down. 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)** | |
* Data is delayed by at least 20 minutes.
** As at 20 April 2022 04:29:59 PM
| NAV | |
|---|---|
| NAV/Unit* | $15.76 |
* As at 30 November 2023
Profile
| Net assets* ($A) | $29,009,357 |
|---|---|
| Units outstanding* (#) | 1,840,402 |
| Management fee and cost** (p.a.) | 0.49% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital |
| Registry | Link Market Services |
* As at 30 November 2023
**Certain additional costs apply. Please refer to PDS.Trading information
| ASX code | AUST |
|---|---|
| Bloomberg code | AUST AU |
| IRESS code | AUST.AXW |
| Trading hours | 10.00-16.00 (AEST) |
| iNAV IRESS code | AUSTINAV.ETF |
| Market makers | Susquehanna Pacific |
Index information
| Index | N/A |
|---|---|
| Index provider | N/A |
| Index ticker | N/A |
| Bloomberg index ticker | N/A |
Portfolio characteristics
| Risk Management Position (% NAV) | 20.43% |
|---|
Holdings & allocation
Sector allocation
| Financials | 28.3% |
|---|---|
| Materials | 24.8% |
| Health Care | 8.7% |
| Consumer Discretionary | 6.9% |
| Industrials | 6.8% |
| Energy | 6.2% |
| Real Estate | 5.8% |
| Consumer Staples | 4.5% |
| Communication Services | 4.0% |
| Other | 3.9% |
* As of 31 October 2023
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -2.59% | -3.78% |
| 3 months | -5.51% | -7.19% |
| 6 months | -4.90% | -5.30% |
| 1 year | -1.35% | 2.95% |
| 3 year p.a. | 3.70% | 8.88% |
| 5 year p.a. | 3.11% | 7.18% |
| 10 year p.a. | - | - |
| Since inception (p.a.) | 3.69% | 7.85% |
| Inception date | 9-Nov-15 | - |
* As at 31 October 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 | Semi-Annual |
|---|---|
| 12 mth distribution yield* | 4.6% |
| 12 mth gross distribution yield* | 6.3% |
| Franking level | 89.8% |
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Franking level is total franking level over the last 12 months. Past performance is not an indicator of future performance.