To The Moon

$BetaShares Australian Fincls Sect ETF(QFN.AU)$

With high inflation, rising interest rates, the Australian Banks are set to benefit.  $BetaShares Australian Fincls Sect ETF(QFN.AU)$ is a simple, low cost way to invest in Australian financial sector as it tracks the performance of an index comprising of the largest ASX listed companies in this sector.  This includes the Big 4 Banks and insurance companies.

Top 10 Holdings include Commoneealth Bank, National Australia Bank, Westpac Banking Group, ANZ Bank, Macquarie Group, QBE Insurance Group, ASX Ltd, Suncorp Group, Insurance Australia Group and Medibank.

Sector Allocation

Diversified Banks at 69%, Diversified Capital Markets, Property & Casualty Insurance 8%, Financial Exchanges & Data 3%, Life & Health Insurance at 2%, Asset Management & Custody Banks at 2%, Regional Banks at 2%, Other Diversified Financial Services at 1%, Insurance Brokers at 1% and Others at 0.7%.

Dividends are paid half yearly.  The current dividend yield is 3.7%.  With franking the grossed up dividend yield is 5.3%.

$BetaShares Australian Fincls Sect ETF(QFN.AU)$ is diversified and minimises your risk on single stocks.  Best of all, $BetaShares Australian Fincls Sect ETF(QFN.AU)$ is low cost and gives you the maximum value for your hard earned dollars, while you enjoy dividends every 6 months.  How good is that!

$BetaShares Australian Fincls Sect ETF(QFN.AU)$ is a defensive play and a great hedge against high inflation too.

@Daily_Discussion@TigerStars@CaptainTiger@Tiger_AU@ASX_Stars