Betashares Estimates Monthly Payouts Up to 20 Cents Per Unit for January

Overview of Betashares January Distributions

Betashares Capital Ltd, a prominent issuer of exchange-traded funds (ETFs) on the ASX AQUA market, has released its estimated distribution amounts for the period ending January 2025. This announcement covers a broad range of funds, including cash, bond, hybrid, and dividend-focused ETFs, providing investors with an early indication of income returns ahead of the final distribution figures.

The estimated distributions span 14 funds, reflecting Betashares’ diverse product suite. These include the Betashares Australian High Interest Cash ETF (AAA), the Ethical Australian Composite Bond ETF (AEBD), and the Australian Dividend Harvester Fund (HVST), among others. Each fund is scheduled to pay monthly distributions, underscoring Betashares’ commitment to providing regular income streams to investors.

Distribution Details and Eligibility

The estimated payable amounts vary across funds, with figures such as 0.0435 dollars per unit for AAA and 0.2042 dollars per unit for HVST. Investors should note these are preliminary estimates and may differ from the final announced distributions expected on 3 February 2025. The ex-distribution date is also set for 3 February, with the record date on 4 February and payment scheduled for 18 February.

Eligibility for distributions requires investors to be registered unitholders by the record date, which means purchasing units before the ex-distribution date and ensuring settlement. Betashares also offers a Distribution Reinvestment Plan (DRP) for all eligible funds, allowing investors to reinvest distributions into additional units, with DRP elections closing on 5 February 2025.

Tax and Operational Considerations

Each distributing fund operates as an Attribution Managed Investment Trust (AMIT) under Australian tax law, which allows for distributions of cash amounts that may differ from the taxable income attributed to investors. This structure provides tax transparency and flexibility but requires investors to consider potential tax implications when assessing income returns.

Betashares has also implemented a temporary close period for authorised participants on 31 January 2025 to facilitate accurate distribution calculations. During this time, trading on the ASX remains available, and net asset value (NAV) information continues to be published. This close period does not apply to the Betashares Active Australian Hybrids Fund (HBRD).

Investor Communication and Next Steps

Distribution statements will be delivered electronically to investors who have opted for email communication, with paper statements available upon request. Betashares encourages investors to update their contact details with the registrar, MUFG Corporate Markets, to ensure timely receipt of distribution information.

While the estimated distributions provide valuable guidance, investors and analysts should monitor the final distribution announcement and subsequent fund performance to fully understand income trends and potential impacts on unit prices. Given the diversity of funds and market conditions, these distributions will be a key metric for assessing Betashares’ income-focused offerings in the first quarter of 2025.