Highlights

  • The November calendar assigns FSCF an ex-distribution date of 2 November 2026.
  • The scheduled entry shows an amount of $0.00 and franking of 0%.
  • 16 November 2026 appears as the payment date associated with the entry.
  • The active ETF invests in cash, cash equivalents, money market securities and floating-rate notes.
  • The fund seeks regular income while aiming to maintain capital stability; neither outcome is guaranteed.

First Sentier Active Cash Fund Active ETF (ASX:FSCF) is an actively managed cash investment fund designed to provide exposure to short-dated Australian cash instruments and money market securities. Its upcoming distribution entry, as at 30 October 2026, identifies 2 November as the ex-date, $0.00 as the amount, 0% franking and 16 November 2026 as the payment date. The zero amount is an important feature of the timetable: the entry does not specify a positive cash distribution. The fund’s income-oriented strategy and the particular November distribution entry are therefore distinct matters.

What the November Distribution Timetable Indicates

An ex-distribution date separates units that trade with entitlement to a declared distribution from units that trade without that entitlement, subject to the fund’s applicable terms. For First Sentier Active Cash Fund Active ETF (ASX:FSCF), the calendar identifies 2 November 2026 as the relevant ex-date. It also records a payment date of 16 November 2026, but the listed $0.00 amount should not be presented as an expected positive payment.

The 0% franking figure accompanies that distribution entry. Australian franking credits relate to tax paid by companies and attached to eligible distributions; this fund’s calendar shows no franking for the specified entry. The information identifies the timetable and stated distribution amount, rather than establishing future distribution amounts or returns.

How the Fund Manages Its Cash Exposure

According to its investment documents, First Sentier Active Cash Fund Active ETF (ASX:FSCF) invests in Australian cash, cash equivalents, money market securities and floating-rate notes, either directly or indirectly. Investment selection is active and takes account of market conditions and relative value for risk. The strategy seeks regular income and a low risk of capital loss, although investment value and income can vary.

The fund uses the Bloomberg AusBond Bank Bill Index as its benchmark and aims to exceed Australian money-market returns before fees and taxes over rolling three-year periods. Its published management fees and costs are 0.20% per annum. Benchmark comparisons describe an investment objective, not an assured result, and fund expenses affect the return received by unitholders.

Fund Structure and Relevant Considerations

First Sentier Active Cash Fund Active ETF (ASX:FSCF) began exchange trading in May 2026. Unlike a bank deposit, an ETF unit represents an interest in an investment portfolio. Cash-management instruments may have comparatively short maturities, but the portfolio remains exposed to interest-rate changes, issuer creditworthiness and liquidity conditions. The published product disclosure statement also notes that capital stability and income are objectives rather than guarantees.

As an exchange-traded fund, First Sentier Active Cash Fund Active ETF (ASX:FSCF) has traded unit prices that may differ from the fund’s underlying net asset value. Brokerage and the spread between purchase and sale prices can affect the result for someone transacting in units. This distinction matters when evaluating an income strategy independently of the timing of a single distribution.

Key Insights

The November entry for First Sentier Active Cash Fund Active ETF (ASX:FSCF) combines a near-term ex-date and payment date with a $0.00 distribution amount. Its underlying purpose remains access to an actively managed portfolio of short-term cash-related investments. The distinction between the fund’s stated income objective and the amount shown for one scheduled period is central to interpreting the announcement accurately.