Managed Risk Australian Share Fund (managed fund)
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
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.
Invest in AUST with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 1,842,448 |
|---|---|
| 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 | MUFG Corporate Markets |
* As at 28 January 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 28 January 2025 |
| NAV/Unit* | $17.50 |
| iNAV (live)** | |
|
* Data is delayed by at least 20 minutes.
** As at 20 April 2022 04:29:59 PM |
|
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
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 |
Performance
Fund returns after fees (%)
| Fund | S&P/ASX 200 | |
|---|---|---|
| 1 month | -2.99% | -3.15% |
| 3 months | -0.96% | -0.80% |
| 6 months | 4.58% | 6.93% |
| 1 year | 7.66% | 11.44% |
| 3 year p.a. | 3.41% | 7.41% |
| 5 year p.a. | 4.03% | 8.06% |
| 10 year p.a. | - | - |
| Since inception | 5.14% | 9.50% |
| Inception date | 9-Nov-15 | - |
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.
Portfolio characteristics
| Risk Management Position (% NAV) | 16.21% |
|---|
* As at 24 January 2025
Sector allocation
| Financials | 33.2% |
|---|---|
| Materials | 18.7% |
| Health Care | 9.8% |
| Consumer Discretionary | 7.7% |
| Industrials | 7.2% |
| Real Estate | 6.9% |
| Energy | 4.3% |
| Consumer Staples | 3.8% |
| Communication Services | 3.7% |
| Other | 4.7% |
* As of 31 December 2024
Distributions
Frequency and yield
| Distribution frequency | Semi-Annual |
|---|---|
| 12 mth distribution yield* | 3.5% |
| 12 mth gross distribution yield* | 4.7% |
| Franking level | 79.2% |
*As at 31 December 2024. 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.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 2-Jan-25 | 3-Jan-25 | 17-Jan-25 | $0.312385 | 3.64% |
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.274865 | 3.87% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.332407 | 3.91% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.267678 | 4.50% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | $0.430171 | 4.45% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | $0.351736 | 3.82% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | $0.338025 | 3.38% |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.197921 | 2.88% |
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.22559 | 2.58% |
| 1-Jul-20 | 2-Jul-20 | 16-Jul-20 | $0.173323 | 2.86% |
| 2-Jan-20 | 3-Jan-20 | 17-Jan-20 | $0.337894 | 4.09% |
| 1-Jul-19 | 2-Jul-19 | 16-Jul-19 | $0.271798 | 5.18% |
| 2-Jan-19 | 3-Jan-19 | 17-Jan-19 | $0.250657 | 5.77% |
| 2-Jul-18 | 3-Jul-18 | 17-Jul-18 | $0.246184 | 4.83% |
| 2-Jan-18 | 3-Jan-18 | 17-Jan-18 | $0.484415 | 4.39% |
| 3-Jul-17 | 4-Jul-17 | 18-Jul-17 | $0.179619 | 3.49% |
| 3-Jan-17 | 4-Jan-17 | 18-Jan-17 | $0.336754 | 2.74% |
| 1-Jul-16 | 4-Jul-16 | 18-Jul-16 | $0.066295 | - |
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. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.
Announcements
ASX Announcements: AUST
Payment notice information
NRWT & fund payments
| Document | Date |
|---|---|
| 2024-06 | |
| 2023-12 | |
| 2024-12 |