Key Highlights

  • The fund reports financial services exposure of 99.54%.
  • The management fee is reported as 0.34%.
  • The leading disclosed holding is Commonwealth Bank of Australia at 31.81%.
  • The final distribution entry records AUD 0.106 per unit.

Betashares Australian Financials Sector ETF (ASX:QFN) aims to track the Solactive Australia Financials Ex-REITs Sector index before fees and expenses. Its mandate focuses on financial-sector securities and excludes real estate Investment trusts from the stated benchmark.

Investment Framework

The reported portfolio contains 28 companies. The four largest disclosed bank positions account for 71.41% of the portfolio when their listed weights are combined. This identifies the concentration in those holdings, while Macquarie Group and several insurance businesses also appear in the disclosed list.

Sector Composition

The largest reported sector allocations are financial services at 99.54%, technology at 0.27% and industrials at 0.19%. The next entries are real estate at 0.00%, healthcare at 0.00% and basic materials at 0.00%. These weights describe the mix of industries represented in the portfolio.

Financial Services represents 99.54%, above the category figure of 25.81%. Energy accounts for 0.00%, compared with 5.36% for the category. These are comparisons between the fund and its category, rather than increases or declines over time. The record does not provide a dated sequence of sector allocations.

Geographic Exposure and Portfolio Assets

Reported geographic exposure is led by Australia at 99.69%. Other allocations include New Zealand at 0.19% and United States at 0.12%. The asset-class record lists 100.00% in stocks and 0.00% in cash, with 0.00% in bonds. Geographic exposure and asset-class allocation describe separate aspects of the portfolio.

Disclosed Holdings

The leading reported positions are Commonwealth Bank of Australia at 31.81%, Westpac Banking Corporation at 13.91% and National Australia Bank at 13.61%. These are individual portfolio weights, rather than measures of the companies’ Earnings or share-price changes.

Additional disclosed positions include ANZ Group Holdings at 12.08%, Macquarie Group at 10.30%, QBE Insurance Group at 3.95% and Suncorp Group at 2.17%. The reported holding-count field lists 28. These selected entries describe only part of the fund’s holdings and do not identify every remaining position.

Management Fee and Distribution

The management fee is reported as 0.34%. The distribution record lists a final amount of AUD 0.106 per unit, with an ex-distribution date of 1 July 2026, a Record Date of 2 July 2026 and a payment date of 16 July 2026. This amount relates to the listed distribution, rather than a forecast for subsequent payments. The management fee and the distribution amount are separate financial fields. The 2026 series records AUD 0.275 in January and AUD 0.106 in July, a decline between those entries. The July amount was also below AUD 0.211 recorded for July 2025.

Key Takeaways

Betashares Australian Financials Sector ETF (ASX:QFN) has a reported management fee of 0.34%. The investment framework, sector allocations and disclosed holdings describe the fund’s portfolio composition. Its fee and distribution schedule provide separate cost and payment details, without establishing changes in the earnings of the underlying companies.