UMAX PDS
The Product Disclosure Statement (PDS) explains the fees, tax status and some of the risks.
BetaShares S&P 500 Yield Maximiser Fund (Managed Fund) ETF (ASX:UMAX)
The BetaShares UMAX ETF is an actively managed portfolio that provides investors with exposure to US equities, with a focus on enhancing the ETFs dividend yield using a ‘covered call’ strategy.
UMAX ETF review
UMAX share price and fees
UMAX fees
ASX ticker code: UMAX
Yearly fee (MER): 0.79%
FUM: $125.80 million
Monthly spread: 0.28%
Data Last Updated: July 2022
Analyst report
This ETF does not (yet) have an analyst report or rating available. If you would like to request our analyst team cover this ETF, please get in contact with us.
Fee comparison
UMAX yearly fee (MER)
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Sector average fee (MER)
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What does the UMAX ASX ETF invest in?
This ETF invests in the largest 500 US companies and also sells call options on the holdings. This ETF could be a solution for investors looking for an enhanced yield exposure to the US equities market.
What do investors use the UMAX ETF for?
UMAX could be a solution for investors looking for exposure to the top 500 US companies, and is designed to maximise income by using covered calls. This strategy also partially reduces downside risk in falling markets.
How to buy the UMAX ETF
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UMAX investor starter pack
UMAX literature
We’ve asked the ETF provider to share their best whitepapers & research with you.
UMAX holdings
The Best ETFs team occasionally upload the ETF’s latest investments, so you see what’s inside the ETF.
ASX: UMAX’s dividend 2021
When does UMAX pay a dividend?
UMAX dividend reinvestment plan (DRP)
Warnings we apply to the UMAX ETF
UMAX tax domicile
UMAX ETF registry
Fund issuer
International shares sector data
Sector average return (1Y)
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Average FUM ($m)
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Average fee (MER)
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How UMAX compares:
1Y return
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FUM ($m)
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Fee (MER)
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Sector information is recorded based on the last 12-month returns to July 2022. Refer to the Issuer’s website, speak to your financial adviser and always the fund’s Product Disclosure Statement (PDS) before choosing an ETF for its dividend yield, past returns or fees. Past performance can be a poor indicator of future performance.
Latest ETF News
Latest ETF news:
*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
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