BetaShares launches new ETF



Australian exchange-traded fund (ETF) provider BetaShares has launched its new Global Income Leaders ETF (INCM) which will offer Australian investors access to a portfolio of 100 global companies (ex-Australia).
The new fund would track the Nasdaq Global Income Leaders Index, based on a dividend yield-weighting methodology which assigns a larger weight to companies with a higher dividend yield.
As at 30 September, INCM’s index showed a 12-month trailing dividend yield of around 4.5 per cent per annum, the firm said.
Also, INCM’s index had a more favourable long-term return performance compared to traditional global benchmarks.
According to BetaShares’ managing director, Alex Vynokur, income-oriented Australian investors such as self-managed superannuation fund (SMSF) trustees, retirees and people approaching retirement would find INCM’s exposure to international shares particularly attractive.
“Most Australian investors understand that investing in global markets is a great way to diversify portfolios, particularly with the high levels of exposure that most Australian share portfolios have to local companies like the Big Four banks and big miners,” he said.
“However, investors who desire such international diversification typically find that they generally have to accept a lower level of income when investing in global shares.
“INCM has been built to meet that challenge.”
Recommended for you
Retailisation of private markets such as evergreen funds may seem like appealing options for wholesale and retail investors, but providers risk undermining trust if their products are unclear.
Ethical investment manager Australian Ethical has seen its funds under management rise by a third over FY25 to close out the year at $13.9 billion.
BlackRock Australia’s head of intermediary distribution James Waterworth has taken up a new distribution role at an alternative asset manager, while Antipodes has hired a distribution director.
BlackRock’s iShares ETFs have reported a record first half for inflows, gaining US$192 billion in the past six months, to see overall ETF assets under management rise to US$4.7 trillion as it launches its first active ETF in Australia.