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AAA

ASX
50.16000 AUD
0.02
0.04%
Last update Jul 11, 3:59 PM AEST
Market closed
Day range
50.15000
50.16000
Previous close
50.14000
Open
50.15000
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Betashares Australian High Interest Cash ETF
50.16
0.02
0.04%

Overview

Description

Betashares Australian High Interest Cash ETF is an exchange-traded fund focused on providing Australian investors with exposure to high-interest cash deposits. The primary function of this ETF is to offer a means of earning interest income while preserving capital, making it a popular choice for those seeking low-risk investment alternatives. This ETF invests in Australian bank deposits, which generally offer competitive interest rates higher than the average savings account. By utilizing cash deposits in major Australian banks, this ETF provides investors access to regular interest distributions, typically occurring on a monthly basis, which can be an attractive feature for income-focused investors. Betashares Australian High Interest Cash ETF plays a crucial role in the financial markets by serving as a liquid and flexible cash management solution, particularly in uncertain or volatile market conditions. It impacts sectors and industries across the economy by contributing to strategic asset allocation, enabling investors to maintain liquidity and stability within their diversified portfolios. The ETF’s presence in the market underscores its significance as a tool for risk management and capital preservation, appealing to both individual and institutional investors looking to safeguard their funds with a reliable income stream.

About

Address
Phone
+61 1300487577
Website
Instrument type
ETF
Country
Australia
MIC code
XASX
Market closed

Exchange is currently closed
Pre-market opens in 4 hours 10 minutes

02:49
00:00
10:00
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).