Betashares HVST ETF (ASX:HVST)
With the goal of providing a franked income stream of at least 1.5x the yield of the broad Australian sharemarket on an annual basis, BetaShares HVST ETF aims to pay income to investors monthly. Please note that HVST does not aim to track an index.
What does the HVST invest in?
The BetaShares HVST ETF invests in large dividend-paying Australian companies on the Australian share market (e.g. “blue chips”). You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process. ETFs are an effective way to invest in a specific investment strategy through a single trade.
What do investors use HVST for?
HVST was designed with SMSF and retiree investors in mind, and focuses on providing a tax-effective monthly income stream. HVST also implements a risk management strategy that defends against losses during sustained market declines and reduces portfolio volatility.
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