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BetaShares S&P 500 Yield Maximiser Fund (ASX: UMAX) - Share Price and Research

Current share price for UMAX : $27.870 0.27 (0.98%)+

BetaShares S&P 500 Yield Maximiser Fund (UMAX) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. BetaShares S&P 500 Yield Maximiser Fund (UMAX) is involved in the business of investment management. It aims to generate quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX does not aim to track an index.

General Information

BetaShares S&P 500 Yield Maximiser ETF
BetaShares Capital Ltd
Equity North America
MSCI USA NR AUD
starstar
starstarstar (as at 30 Nov 2024)
Investment Fund
17 Sep 2014
$254.99 million (as at 13 Dec 2024)
$22.18 (as at 30 Aug 2023)
$21.94 (as at 30 Aug 2023)

UMAX ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 5.82 11.8 17.26 30.28 21.05 12.62 10.85 11.72
Growth return 5.82 10.43 14.33 24.08 14.56 6.14 4.27 5.4
Income return (Yield) 0 1.37 2.93 6.2 6.49 6.48 6.58 6.32

Market index (MSCI USA NR AUD)
Total return 6.8 12.11 17.91 36.23 25.08 - 16.15 15.83

Asset Allocation (30 Nov 2024)

Australian Equities 0%
International Equities 97.01%
Cash 2.99%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

Aims to provide investors with exposure to the stocks comprising the S&P 500 Index (which tracks 500 large capitalisation U.S. equities) while providing regular income that exceeds the dividend yield of the stocks alone. In addition, the Fund aims to provide the potential for some capital growth and lower overall volatility than the Index.

Offer information

MER 0.79% (as at 4 Jul 2024)
Indirect Cost Ratio (ICR) 0.79% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00

Top 10 holdings (as at 30 Nov 2024)

Holding Type % of Portfolio
iShares Core S&P 500 ETF Mutual Fund - ETF 100%

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Data shown on this website is sourced by Morningstar
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