Key highlights

  • A300 tracks the FTSE Australia 300 Index, which comprises the 300 largest Australian companies by full market capitalisation, with 301 holdings.
  • The management fee is 0.03%, and the fund’s top 10 holdings represent 49.69%.
  • Financial Services (33.99%) and Basic Materials (25.57%) are its largest sectors, and its annual yield is shown as 3.05%.

Index ETFs that track very broad share indices give investors exposure to most of the Australian share market in a single product. The Global X Australia 300 ETF (ASX:A300) tracks the FTSE Australia 300 Index and had a listed management fee of just 0.03%. It was admitted to the ASX on 6 August 2025 and is classified by Morningstar as Equity Australia Large Blend, with the FTSE Australia 300 TR AUD index as its benchmark.

This article describes the exposure A300 provides, using its ASX fund page, including sector and geographic breakdowns, its largest holdings, its fee and its distributions. It contains no return data or advice.

What the fund is designed to do

The investment objective of the fund is to provide investors with a return that, before fees and expenses, tracks the performance of the FTSE Australia 300 Index. The index comprises the 300 largest companies within the eligible universe when ranked by full market capitalisation. It is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group, and was not created by, and is not managed by, a related body corporate of the responsible entity.

The fund holds 301 companies, which is slightly more than the index name implies, and as a market-capitalisation-weighted portfolio its largest weights go to the largest companies. Its beta is 0.98 and its standard deviation is 10.16. The fund size was $23.11 million, with 450,471 units outstanding, and average daily trading volume was 3,424 units.

Sector allocation

The sector breakdown shows Financial Services (33.99%), Basic Materials (25.57%), and Consumer Cyclical (6.35%) as the three largest allocations. Relative to its Morningstar category average, the fund holds a higher share in Financial Services (33.99 vs 30.04%). The remaining listed sectors are Industrials (6.28%), Healthcare (6.19%), Real Estate (5.81%), Energy (4.85%), Consumer Defensive (3.97%), Communication Services (3.23%), and Technology (2.34%).

The sector weights closely match the category averages, which is typical for a broad market-cap-weighted index fund.

Asset mix, company size and geography

The fund is almost fully invested in shares, with stocks at 99.65% and cash at 0.35%. By company size, 94.13% of the portfolio is in companies above $1 billion, 5.44% in companies between $500 million and $1 billion and 0.42% below $500 million. The category averages are 92.40%, 6.82% and 0.79%, so A300 is slightly more weighted to large companies.

Geographically, 99.37% of the fund is in Australia, with 0.20% in the United Kingdom, 0.18% in China, 0.14% in New Zealand and 0.11% in the United States. This is more domestically concentrated than the category average of 94.32% in Australia and 3.51% in the United States.

Top holdings

The ten largest holdings make up 49.69% of the fund, and the rest is spread across 291 companies. They are BHP Group (ASX:BHP) at 11.81%, Commonwealth Bank of Australia (ASX:CBA) at 9.62%, National Australia Bank (ASX:NAB) at 4.65%, Westpac Banking Corporation (ASX:WBC) at 4.57%, ANZ Group (ASX:ANZ) at 4.41%, CSL (ASX:CSL) at 3.37%, Wesfarmers (ASX:WES) at 3.30%, Macquarie Group (ASX:MQG) at 3.28%, Rio Tinto (ASX:RIO) at 2.35% and Woodside Energy Group (ASX:WDS) at 2.29%.

The top positions are the major banks and the largest miners, which together make up most of the portfolio’s weight.

Distributions

A300 pays distributions quarterly. The most recent was an interim distribution of $0.413 per unit, with an ex-date of 2 October 2026, a record date of 5 October 2026 and a payment date of 19 October 2026. Earlier distributions were $0.561 in July 2026, $0.353 in April 2026, $0.237 in January 2026 and $0.399 in October 2025. The page lists an annual yield of 3.05%.

Fund snapshot and recent filings

On the ASX page, A300 showed a last price of $51.33, up $0.03 or 0.05%, a bid-offer range of $50.85 to $52.00, a day range of $51.30 to $51.81 and a trading volume of 527 units. The ISIN is AU0000401085. Its head office is at Level 16, 20 Martin Place, Sydney.

Recent announcements include the appointment of Citigroup Pty Limited as fund service provider on 15 October 2026, the Global X units on issue notice for September 2026 on 7 October, the distribution reinvestment plan announcement on 6 October, the final distribution announcement on 1 October and the estimated distribution announcement on 28 September 2026. The fund service provider announcement on 15 October 2026 relates to the administration arrangements of the ETF.

What A300 offers in exposure terms

A300 provides market-capitalisation-weighted exposure to the 300 largest Australian companies at a management fee of 0.03%, with sector weights that closely follow the category. It is a small fund by size, at $23.11 million.