Pinnacle Investment Management Z3RO ETF (ASX:Z3RO)

The Z3RO ETF is issued by Pinnacle and managed by Omega Global Investors. Z3RO is designed to invest in short-term money market securities such floating rate notes (FLNs), certificates of deposit, cash, corporate paper and discount securities.

Z3RO share price & data

Ticker code: Z3RO
Yearly fee (MER): 0.15%
FUM: $5.00 million
Monthly spread: 0.02%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the Z3RO invest in?

Z3RO invests in floating rates, corporate paper, cash and, typically speaking, other income-producing assets denominated in Australian dollars.

What do investors use Z3RO for?

The Z3RO ETF might be used by investors to get exposure to income-producing assets that are typically quite stable. Z3RO aims to invest in a way that generates a monthly income stream, via distributions, for its investors.

Z3RO dividend information

Fund Issuer

Pinnacle Investment Management is a Sydney-based investment firm which partners with small and boutique fund managers to help them grow their funds under management (FUM) through its established marketing and distribution network.

Best ETFs warnings

The following warnings are applied by our team, 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.

When an ETF does not have a sufficiently long track record — typically, we consider this to be at least 3 years — the ETF is could be at a higher risk of being closed down (if it doesn’t grow), and the historical performance and returns (if any) cannot be relied upon.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Automic is a technology-focused share registry in Australia that has been around since 2011.

Sector Information

Australian cash ETFs provide investors with exposure to a pool of money that is typically invested in term deposits at major Australian banks and, occasionally, a small amount is invested in short term government bonds (often called ‘enhanced cash’ or ‘cash plus’ ETFs).

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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