- 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.”