Key highlights

  • ASX:AQLT aims to track the Solactive Australia Quality Select Index.
  • The fund holds 40 companies, with Australia at 92.83% and the top ten making up 48.74%.
  • The fund has about $1.54 billion in assets and a 0.35% management fee.

The Betashares Australian Quality ETF (ASX:AQLT) gives investors exposure to a portfolio of Australian companies selected on quality criteria. The investment objective is to provide a return that aims to track the performance of the Solactive Australia Quality Select Index, before fees and expenses.

About the Fund

AQLT was admitted to the ASX on 6 April 2022 and is classified in the Equity Australia Large Blend category. The fund has about $1.54 billion in assets, and the management fee is 0.35%. Betashares is based in Sydney.

Country exposure

The largest country allocation is Australia at 92.83%, followed by the United States at 3.26%. The remaining exposure is spread across China (2.07%) and New Zealand (1.84%).

Stocks make up all of the portfolio. Of it, 89.68% is in companies valued above $1 billion and 10.32% in companies between $500 million and $1 billion.

Portfolio holdings

The portfolio holds 40 companies, with top ten holdings making up 48.74% of the fund. The largest positions are CSL Ltd (8.84%), Wesfarmers Ltd (5.94%), Commonwealth Bank of Australia (5.14%), Telstra Group Ltd (5.05%) and BHP Group Ltd (4.94%).

The top ten also include National Australia Bank, ANZ, Westpac, Macquarie Group and Woodside Energy.

Understanding the exposure

The five largest positions add up to 29.91% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 30 holdings share the other 51.26% of the portfolio, an average of about 1.71% each. Exposure is spread across 4 countries or regions, and the three largest allocations (Australia, the United States and China) together account for 98.16% of the portfolio.

Fees, size and distributions

The fund pays distributions half-yearly. The most recent was a final distribution of $0.971 per unit, with an ex-date of 1 July 2026 and payment on 16 July 2026, and the reported annual yield is 4.01%.

Fund structure and reporting

AQLT has an ISIN of AU0000121287 and a head office at Level 46, 180 George Street, Sydney. Recent ASX announcements from the fund include a units-on-issue disclosure for September 2026, the annual report and estimated annual distribution component information.

Equity Australia Large Blend funds invest primarily in large Australian companies, defined as stocks in the top 70% of the capitalisation of the Australian equities market, and the blend style applies where neither growth nor value characteristics dominate.

Units in AQLT are quoted on the ASX and can be bought and sold through a broker during trading hours, in the same way as shares, so the exposure described above is available without buying each holding separately. The fund follows a rules-based index, so its holdings and weightings are set by the index methodology and adjusted when the index is rebalanced.