BetaShares Australian Top 20 Equity Yield Maximiser Fund (managed fund) trades under the ASX Code “YMAX”.

The Fund is designed to provide investors with exposure to a portfolio of blue-chip Australian shares, while providing an attractive income yield, paid quarterly, that exceeds the dividend yield of the portfolio of underlying shares alone. In addition, the Fund aims to provide lower overall volatility than the underlying share portfolio alone.

The Fund holds a basket of the 20 largest ASX-listed securities (as represented in the S&P/ASX 20 Index) and generates additional ongoing income by selling some of the upside share price potential of the portfolio.

The Fund offers investors a simple, low cost way to earn higher income returns from a diversified share portfolio. Units in the Fund can be bought and sold on the ASX like any share.

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