• BILL passively tracks the S&P/ASX Bank Bill Index.
  • The portfolio is 98.83% cash and 1.17% bonds across 81 holdings.
  • The management fee is 0.07% and fund size is $1.25 billion.
  • The latest distribution was $0.451 per unit.

The iShares Core Cash ETF (ASX:BILL) is a passive cash fund that tracks the S&P/ASX Bank Bill Index. It sits in the Australian Cash category and has been listed since 6 June 2017. The fund reports a size of $1.25 billion and a management fee of 0.07%. The table below summarises its key details.

Fund name

iShares Core Cash ETF

ASX code

BILL

Category

Australian Cash

Benchmark

S&P/ASX Bank Bill TR AUD

Management fee

0.07%

Fund size

$1.25 billion

Last price (23 October 2026 session)

$100.59

Admitted to ASX

6 June 2017

What exposure does BILL offer?

BILL employs a passive strategy to track the performance of the S&P/ASX Bank Bill Index. Its portfolio is 98.83% cash and 1.17% bonds, with all reported exposure in Australia. The largest position is an overnight money market holding of 25.60%, followed by short-dated bank paper from ANZ, Sumitomo Mitsui, United Overseas Bank and Oversea-Chinese Banking Corporation.

The Australian Cash category covers funds that invest mainly in highly liquid securities such as bank deposits and bank bills, with overall maturity expected to be under one year and some exposure to cash and overnight accounts.

Portfolio composition

The fund's reported asset allocation comprises cash 98.83% and bonds 1.17%. Australia accounts for 100.00% of reported geographic exposure. The fund reports 81 holdings, and the ten largest account for 43.06% of the portfolio. The leading positions include RBC Money Market 11AM (25.60%), ANZ Group Holdings Ltd. 0% (3.97%) and Sumitomo Mitsui Banking Corporation, Sydney Branch 0% (2.38%).

Fees, price and distributions

The management fee is 0.07%. Fund size is $1.25 billion, with 12,461,351 units outstanding. The last quoted price was $100.59 during the 23 October 2026 session. The latest distribution was $0.451 per unit, with an ex-date of 8 October 2026, a record date of 2 October 2026 and a payment date of 20 October 2026. An annual yield of 4.18% is shown for the fund. Distributions are made monthly.

Who BILL may suit

The fund may be of interest to investors who want a low-fee, index-based way to hold Australian cash and bank bills in a listed form. The portfolio holds 81 securities, and the top ten account for 43.06%. The latest distribution was $0.451 per unit with an annual yield of 4.18% shown, and distributions are monthly.

Wrapping up

BILL tracks a bank bill index with a 0.07% management fee, a $1.25 billion fund size and monthly distributions. The reported details are summarised above, and further information is available through the fund announcements.