Morningstar Investor users sign in here.

BetaShares S&P 500 Yield Maximiser ETF

UMAX

BetaShares S&P 500 Yield Maximiser ETF UMAX Strategy

Aims to provide investors with exposure to the stocks comprising the S&P 500 Index (which tracks 500 large capitalisation U.S. equities) while providing regular income that exceeds the dividend yield of the stocks alone. In addition, the Fund aims to provide the potential for some capital growth and lower overall volatility than the Index.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

BetaShares S&P 500 Yield Maximiser ETF News & Analysis

etfs

Morningstar dumps Aussie yield ETF play from coverage

The BetaShares passive fund YMAX is expensive and its returns trail the index, says Morningstar.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,897.50 48.10 0.61%
CAC 40 7,957.57 42.92 0.54%
DAX 40 18,001.60 105.10 0.59%
Dow JONES (US) 38,675.68 450.02 1.18%
FTSE 100 8,213.49 41.34 0.51%
HKSE 18,475.92 268.79 1.48%
NASDAQ 16,156.33 315.37 1.99%
Nikkei 225 38,236.07 37.98 -0.10%
NZX 50 Index 11,938.08 64.04 0.54%
S&P 500 5,127.79 63.59 1.26%
S&P/ASX 200 7,629.00 42.00 0.55%
SSE Composite Index 3,104.82 8.22 -0.26%

Market Movers

Name
Last price
Change
% Change
Sigma Healthcare Ltd SIG 1.30 0.04 3.19%
South32 Ltd S32 3.58 0.03 0.85%
Zip Co Ltd ZIP 1.29 0.05 3.63%
Telstra Group Ltd TLS 3.58 0.01 -0.28%
Sayona Mining Ltd SYA 0.03 0.00 3.13%
Red 5 Ltd RED 0.43 0.01 -1.16%
Alumina Ltd AWC 1.56 0.04 2.30%
Evolution Mining Ltd EVN 3.73 0.22 -5.57%
Pilbara Minerals Ltd PLS 4.18 0.12 2.96%
The Star Entertainment Group Ltd SGR 0.44 0.03 6.10%