BetaShares MMKT ETF (ASX:MMKT)

BetaShares Australian Cash Plus Fund (Managed Fund)

About the MMKT ETF

The BetaShares MMKT has been designed to be a core cash allocation in investment portfolios, providing enhanced yield from cash and money market securities, paid monthly, together with a high degree of capital stability.

MMKT ETF Performance Review

0.48

Data Current To: 29/12/2023

Our review of MMKT ETF

Cash account that offers daily access on the ASX with a trade plus 2 day settlement period.

What we like about the MMKT ETF

High quality, short term securities most of which have less than 3 months until maturity

Things to be aware of about the MMKT ETF

Low risk, liquid strategy

MMKT ETF Investment Strategy

MMKT aims to generate a yield (before fees and expenses) that exceeds the Bloomberg AusBond Bank Bill Index, paid monthly, from a portfolio of Australian dollar cash and short-term money market securities issued by investment grade entities.

What does the MMKT ETF Invest In?

MMKT is a Cash ETF.

Cash and short term money market securities

MMKT ETF Credit Quality

MMKT Frequently Asked Questions

What index does the MMKT ETF aim to replicate?

The MMKT ETF aims to replicate the Bloomberg AusBond Bank Bill Index.

How often does MMKT ETF pay distributions?

The distribution frequency of MMKT is Monthly.

When did the MMKT ETF start?

The inception date of the MMKT ETF was 22/11/2023.

What are the net assets of the MMKT ETF?

MMKT has net assets of $0.52m (AUD) as of 29/12/2023.

What are the management fees for the MMKT ETF?

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

How can I invest in the MMKT ETF?

MMKT 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 MMKT ETF have a minimum investment amount?

No, there is no minimum to invest in the Betashares MMKT 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 MMKT ETF?

No, MMKT 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.