Global Cash Flow Kings ETF
Overview
Fund objective
CFLO aims to track the performance of an index (before fees and expenses) comprising 200 global companies that demonstrate strong free cash flow.
Benefits
Outperformance potential
Companies that generate high levels of free cash flow historically have tended to outperform broad global equity benchmarks over the medium to long term.
Intelligent exposure
CFLO’s index methodology targets global companies that demonstrate strong and consistent free cash flow generation, growth of free cash flow, and relatively low levels of debt.
Core global equity allocation
The Fund offers diversified exposure to 200 global companies with similar sector and country weights to broad global equity benchmarks.
Invest in CFLO with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 1,701,381 |
|---|---|
| Management fee and cost** (p.a.) | 0.40% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Registry | Link Market Services |
* As at 11 December 2024
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 11 December 2024 |
| NAV/Unit* | $18.96 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | CFLO |
|---|---|
| Bloomberg code | CFLO AU |
| IRESS code | CFLO.AXW |
| Market makers | J.P. Morgan Securities Australia Limited |
Index information
| Index | Solactive Global ex-Australia Cash Flow Kings Index |
|---|---|
| Index provider | Solactive AG |
| Index ticker | N/A |
| Bloomberg index ticker | SOLGCFKN Index |
Performance
Fund returns after fees (%)
| Fund | Index | MSCI World ex-Australia (AUD) | |
|---|---|---|---|
| 1 month | 6.13% | 6.15% | 5.18% |
| 3 months | 8.74% | 8.81% | 8.79% |
| 6 months | 16.09% | 16.24% | 13.61% |
| 1 year | 24.88% | 25.17% | 30.23% |
| 3 year p.a. | - | 12.87% | 11.92% |
| 5 year p.a. | - | 14.72% | 13.37% |
| 10 year p.a. | - | 14.58% | 13.17% |
| Since inception (p.a.) | 23.98% | 24.20% | 95.13% |
| Inception date | 14-Nov-23 | - | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| ALPHABET INC | 4.6 |
| NVIDIA CORP | 4.0 |
| BERKSHIRE HATHAWAY INC | 3.9 |
| SERVICENOW INC | 3.7 |
| ACCENTURE PLC | 3.5 |
| VISA INC | 3.4 |
| ADOBE INC | 3.2 |
| PROCTER & GAMBLE CO/THE | 3.0 |
| UNITEDHEALTH GROUP INC | 2.7 |
| PALANTIR TECHNOLOGIES INC | 2.2 |
Sector allocation
| Information Technology | 29.7% |
|---|---|
| Financials | 17.1% |
| Industrials | 13.7% |
| Health Care | 11.6% |
| Consumer Discretionary | 7.9% |
| Communication Services | 6.3% |
| Consumer Staples | 4.8% |
| Energy | 3.6% |
| Utilities | 2.3% |
| Other | 3.0% |
* As of 29 November 2024
Country allocation
| United States | 76.9% |
|---|---|
| Japan | 9.3% |
| Spain | 2.9% |
| Switzerland | 2.1% |
| Denmark | 2.1% |
| France | 1.5% |
| Sweden | 1.2% |
| Britain | 1.0% |
| Canada | 0.8% |
| Other | 2.3% |
* As of 29 November 2024
Distributions
Frequency and yield
| Distribution frequency | Semi-annual |
|---|---|
| 12 mth distribution yield* | 1.4% |
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.258703 | - |