BetaShares CEO Alex Vynokur. Source: BetaShares/Facebook.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • BetaShares is launching a new ETF, which will offer investors exposure to 40 of Australia’s highest quality companies
  • The companies selected will be based off a high return of equity, low leverage and relative earnings stability, which includes Macquarie Group, CSL, Woolworths, and Wesfarmers
  • The index AQLT tracks has produced returns of 9.9 per cent per annum from June 2011 to February 2022
  • The new ETF is expected to launch in early April under the ticker code AQLT.

BetaShares is launching a new ETF, which will offer investors exposure to 40 of Australia’s highest quality companies.

The companies selected will be based on a high return of equity, low leverage and relative earnings stability. This includes Macquarie Group, CSL, Woolworths, and Wesfarmers.

The new ETF is expected to launch in early April under the ticker code AQLT.

The index AQLT tracks have produced returns of 9.9 per cent per annum from June 2011 to February 2022. This outperforms the S&P/ASX 200 Index which performed at 8.6 per cent per annum.

It aims to provide a complement to its popular Global Quality Leaders ETF (QLTY).

Chief Executive Officer Alex Vynokur said he is proud to expand opportunities for investors.

“AQLT will give investors access to a cost-effective investment that can serve as a core portfolio allocation for Australian equities,” he said.

“The quality score methodology used by the Fund aims to produce superior long-term performance compared to benchmark Australian equities indices.”

More From The Market Online

RBA keeps interest rates on hold in line with expectations

The Reserve Bank of Australia has acted largely in line with expectations and kept Australia's interest…

Aussie unemployment still too low, but Q1 2024 increase tipped: Oxford Economics

The Australian Bureau of Statistics has released unemployment data for October, posting a return to 3.7…

Building Approvals up 7.5 per cent, CapEx also climbs

The number of dwelling approvals rose 7.5 per cent last month, in a big turn around…

Australian unemployment rate remains at 3.9pc despite 65,000 job losses

Australia saw a significant employment drop of 65,000 jobs in December 2023, marking the second-largest loss…