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BETASHARES NASDAQ 100 YIELD MAXIMISER FUND (MANAGED FUND)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106839-2024-05-17-02:19.pdf
FUND MANAGER BetaShares
ASX Code QMAX
APIR QMAX
ASSET CLASS MFUNDS
INVESTMENT STYLE

The Responsible Entity will aim to achieve the investment objective by combining:
• an investment portfolio that provides exposure to the
securities that make up the Index (the “Share Portfolio”); and
• generally selling (also known as “writing”) call options on up
to 100% of the Fund’s exposure to the Index.

INVESTMENT PROFILE

The investment objective of the Fund is to provide Unitholders with:
• regular income that exceeds the dividend yield of the Index;
• the potential for some capital growth; and
• lower volatility of returns than the Index.
There is no assurance or guarantee that the returns of the Fund will
meet its investment objective. 

CURRENCY MANAGEMENT
INCEPTION DATE
BENCHMARK NASDAQ-100 Index
FUND SIZE NASDAQ-100 Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.68% NAV p.a
STRUCTURE

Benefits

Benefits

The Fund aims to provide investors with exposure to the largest
companies listed on the NASDAQ stock market (by market
capitalisation), with a focus on providing regular income, and
potential for some capital growth and reduced overall volatility of
returns.
The Fund will seek to achieve these objectives by combining an
investment portfolio that provides exposure to the securities that
make up the NASDAQ-100 Index (the “Index”) and selling (also
known as “writing”) call options on the Index.
The Fund does not aim to track the performance of any index.
Because the Units of the Fund will be quoted on the ASX, investors
can benefit from simple trading of their investment, including the
ability to buy and sell during the course of the trading day, much like listed shares.

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

Investing: The offer in this PDS is only available to Authorised Participants.
Units can only be acquired in multiples of 100,000 under this PDS, unless the
Responsible Entity agrees otherwise. Every 100,000 Units represents one “Creation
Unit”.
Application amounts are payable in cash in Australian dollars, unless the
Responsible Entity agrees otherwise. Applications are subject to an application fee
described in section 3.
Units will be quoted on the ASX under the AQUA Rules. Once quoted (and subject
to market conditions), investors may purchase Units by trading on the ASX. The
purchase of Units on the ASX is not governed by the terms of this PDS and therefore
the minimum investment does not apply to purchases of Units on the ASX

Mandate

This PDS relates to the BetaShares NASDAQ 100 Yield Maximiser
Fund (managed fund) (the “Fund”). The Fund is a managed
investment scheme whose units will trade on the ASX, much like
listed shares.
The Fund aims to provide investors with exposure to the largest
companies listed on the NASDAQ stock market (by market
capitalisation), with a focus on providing regular income, and
potential for some capital growth and reduced overall volatility of
returns.
The Fund will seek to achieve these objectives by combining an
investment portfolio that provides exposure to the securities that
make up the NASDAQ-100 Index (the “Index”) and selling (also
known as “writing”) call options on the Index.
The Fund does not aim to track the performance of any index.
Because the Units of the Fund will be quoted on the ASX, investors
can benefit from simple trading of their investment, including the
ability to buy and sell during the course of the trading day, much like
listed shares.
The Fund carries investment risks. For information on the risks
applicable to the Fund, see section 4.