asset_category: Large Cap Sector
peer_benchmark: (ETF) Global Equities - Large Cap Sector Index
broad_market_index: Developed -World Ex Australia Index
manager_contact_details: Array
ticker: BNKS
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
BetaShares Global Banks (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. The investment objective of each Fund is to provide an investment return, before fees and expenses, that aims to track the performance of the relevant Index.
- Provides access a portfolio of the world’s largest banks outside of Australia, including J.P. Morgan, Wells Fargo and HSBC, in one ASX trade.
- Generally invest in the securities that comprise the relevant Index in proportion to the weightings of the securities in the Index. This is known as a “full replication” strategy.
structure: ETF