Key Highlights

  • First Sentier Ex-20 Australian Share Active ETF (ASX:XX20) is listed in the Equity Australia Mid/Small Growth category and a management fee of 0.75%.
  • The largest sector weighting is Technology at 30.53%, with stock making up 98.93% of reported asset allocation.
  • The latest interim distribution is $0.001 per unit, with a payment date of 14 Oct 2026.

Introduction: Fund Overview

First Sentier Ex-20 Australian Share Active ETF (ASX:XX20) is an exchange traded fund listed on the ASX within the Equity Australia Mid/Small Growth category. It was admitted to the exchange on 03 December 2025, and its benchmark is the S&P/ASX 300 ex S&P/ASX 20 TR Index. The fund invests in mid to small cap companies that the investment manager believes are growing strongly and generating positive returns on capital. By drawing on the broader S&P/ASX 300 opportunity set, it can diversify away from the larger financials and resources companies that dominate the S&P/ASX 20 Index.

The management fee listed for the fund is 0.75%. The fund’s head office is listed in Sydney. The sections below walk through the latest trading snapshot, portfolio composition, distribution information, risk measures and recent announcements for the fund.

Latest Trading Snapshot

The last price was $1.23, higher by 0.40% on the session, against a previous close of $1.23. Trading volume stood at 125,000 units, with a bid and offer range of $1.23 to $1.25. The day range was $1.23 - $1.24. Average volume is shown as 92,269 units. The page shows no fund size or units outstanding figure for the fund at this stage. Prices are delayed by at least 20 minutes.

Portfolio Composition and Allocation

Asset allocation data lists stock at 98.93% and cash at 1.07%. Morningstar sector data shows the largest weightings in Technology (30.53%), Healthcare (20.21%) and Basic Materials (14.26%). Compared with the category average, the largest overweight among the sectors listed is Technology, at 30.53% against 17.13%. The largest underweight is Consumer Cyclical, at 5.12% against 13.80% for the category.

By geography, Australia accounts for 83.88%, United States accounts for 13.86% and New Zealand accounts for 2.26%. The fund has 30 total holdings. The holdings listed include Pro Medicus (8.13%), Megaport (6.30%), ResMed (5.47%), WiseTech Global (5.21%) and AUB Group (5.10%). The top ten holdings together represent 53.18% of the portfolio.

Distribution Information

The most recent distribution listed is an interim distribution of $0.001 per unit, with an ex-date of 01 Oct 2026, a record date of 02 Oct 2026 and a payment date of 14 Oct 2026. The distribution chart lists October 2026 ($0.001) and July 2026 ($0.017). The latest payment is lower than the one before it, a reminder that amounts vary between periods.

Risk Measures and Recent Announcements

The fund has a beta of 0.98, a beta below 1, indicating lower sensitivity to market moves than the broader market on that measure, alongside a standard deviation of 22.07. Recent announcements include XX20 - MPI tracking - 30.09.2026 (07/10/2026), Outstanding Units on Issue and Monthly Redemptions (07/10/2026), Distribution Announcement (02/10/2026) and 30th June 2026 - Audited Financial Statements (23/09/2026).

Category and Market Context

Funds grouped under Equity Australia Mid/Small Growth are classified by Morningstar according to the securities they hold. The Australian share market is concentrated in financials and materials, so sector weightings are one of the main ways funds in this space differ from each other, alongside fees, index construction and the extent of active management.

Key Risks and Considerations

Equity funds are exposed to share market movements, and the sector tilts described above mean that events affecting particular industries can have a larger effect on this portfolio than on a broader market index. The fund is also relatively new, so the available trading history on the page is limited. Distribution amounts can also vary from one period to the next.

What to Watch Ahead

Items that readers following First Sentier Ex-20 Australian Share Active ETF (ASX:XX20) may track include the next monthly units-on-issue disclosure, distribution announcements and any portfolio or investment updates from the manager. Changes in the sector and asset mix, trading volumes and the fund’s size over time will also show how the portfolio is evolving. This article is informational and does not constitute investment advice.

The Bottom Line

First Sentier Ex-20 Australian Share Active ETF (ASX:XX20) is a Equity Australia Mid/Small Growth fund admitted to the ASX on 03 December 2025, with the latest ASX data showing a last price of $1.23 and a move of +0.40% on the session, a portfolio led by technology at 30.53%, and a latest interim distribution of $0.001 per unit. Reading these figures alongside the fund’s category, fee, structure and risk measures gives a fuller picture of how the ETF is built and how it has been trading.