BetaShares AAA ETF (ASX:AAA)

BetaShares Australian High Interest Cash ETF

About the AAA ETF

The BetaShares AAA ETF is a cash fund that provides investors exposure to Australian cash. The AAA ETF has net assets of $2.2 trillion and provides monthly income distributions that exceed the 30 day Bank Bill Swap Rate (after fees and expenses). AAA ETF assets are invested in deposit accounts held with selected banks in Australia.

AAA ETF Performance Review

1
Year

0.43

3
Year

1.12

5
Year

1.48

Since
Inception

2.37

Running
Yield

Yield To
Maturity

Data Current To: 31/08/2021

Our review of AAA ETF

A cash fund, investing in select Australian bank deposit accounts

What we like about the AAA ETF

Monthly income

No minimum investment

A large fund with net assets of $2.5 billion as at 8 October 2021

Things to be aware of about the AAA ETF

Relatively higher management fee of 0.18% given bank account exposure and when compared to BILL

When compared to holding deposits with a bank, no access to Financial Claims System bank guarantee

AAA ETF Investment Strategy

Provide exposure to Australian cash, with attractive and regular income distributions that exceed the 30 day Bank Bill Swap Rate (after fees and expenses)

AAA ETF Share Price

What does the AAA ETF Invest In?

AAA is a Cash ETF.

The Betashares AAA ETF invests in select Australian bank deposit accounts.

AAA ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

AAA Frequently Asked Questions

What index does the AAA ETF aim to replicate?

The AAA ETF aims to replicate the 30-Day Bank Bill Swap Rate (BBSW).

How often does AAA ETF pay distributions?

The distribution frequency of AAA is Monthly.

When did the AAA ETF start?

The inception date of the AAA ETF was 01/03/2012.

What are the net assets of the AAA ETF?

AAA has net assets of $2208.6m (AUD) as of 31/08/2021.

What are the management fees for the AAA ETF?

The annual management fees for the AAA ETF are 0.18% p.a. Learn more about ETF fees in this article.

How can I invest in the AAA ETF?

AAA is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the AAA ETF have a minimum investment amount?

No, there is no minimum to invest in the Betashares AAA ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the AAA ETF?

No, AAA has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The AAA ETF: Betashares

BetaShares was founded in 2009 with the aim to provide intelligent investment solutions to help Australian investors meet their financial objectives.

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Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.