• MMKT is an active cash and money market ETF in the Australian Short Term Fixed Interest category.
  • The portfolio is 79.20% cash and 20.80% bonds across 176 holdings.
  • Australia represents 53.11% of reported exposure, with Canada at 19.52%.
  • The management fee is 0.18% and the fund size is $666.01 million.

The Betashares Australian Cash Plus Active ETF (ASX:MMKT) is an actively managed fund that invests in cash and money market instruments. It sits in the Australian Short Term Fixed Interest category and is measured against the Bloomberg AusBond Bank 0+Y index. The fund was admitted to the ASX on 24 November 2023. Its key details are summarised in the table below.

Fund name

Betashares Australian Cash Plus Active ETF

ASX code

MMKT

Category

Australian Short Term Fixed Interest

Benchmark

Bloomberg AusBond Bank 0+Y TR AUD

Management fee

0.18%

Fund size

$666.01 million

Last price (23 October 2026 session)

$50.19

Admitted to ASX

24 November 2023

What exposure does MMKT offer?

MMKT aims to deliver a yield, before fees and expenses, above the Bloomberg AusBond Bank Bill Index from a portfolio of cash and money market instruments, while seeking to preserve invested capital and provide ready liquidity. Funds in its category invest mainly in highly liquid securities such as bank deposits and bank bills, may hold high-quality corporate and asset-backed debt, and are expected to have an overall maturity of under two years and an average credit quality of AA or above.

Portfolio composition

Reported asset allocation is cash 79.20% and bonds 20.80%. By region, the largest weightings are Australia (53.11%), Canada (19.52%), Singapore (11.07%), New Zealand (6.87%) and the Netherlands (5.13%). The fund reports 176 holdings, and the ten largest account for 11.14% of the portfolio. The leading positions include Kiwibank Limited 5.4814% (1.25%), UBS AG Australia 5.7438% (1.24%) and United Overseas Bank Limited (Sydney Branch) 5.2138% (1.24%).

Fees, price and distributions

The management fee is 0.18%. Fund size is $666.01 million, with 13,275,015 units outstanding. The last quoted price was $50.19 during the 23 October 2026 session. The latest distribution was $0.183 per unit, with an ex-date of 1 October 2026, a record date of 2 October 2026 and a payment date of 9 October 2026. Distributions are made monthly.

Who MMKT may suit

Based on its stated objective, MMKT may suit investors who want short-dated, liquid exposure to cash and money market securities with an aim of exceeding a bank bill benchmark. Because the fund is actively managed and holds some longer-dated bonds alongside cash, its outcomes can differ from those of a simple bank deposit. A management fee of 0.18% applies.

Wrapping up

MMKT offers a cash-weighted, short-duration portfolio with a diversified issuer list of 176 holdings. The fund details, allocation and distribution timetable are laid out above, and further information is published through the ASX announcements, including the annual report lodged on 25 September 2026.