Global X Australian Bank Credit ETF (BANK) Review & Analysis
- −0.2% in September (total return), in line with the median Australian bonds ETF at −0.4%.
- Investors added a net $3.0m (1.6% of the fund).
- The unit price closed the month at $9.85, 2% below its 12-month high (range $9.82 to $10.06).
About BANK
BANK is an Australian bonds ETF from Global X, listed on the ASX since July 2024. With $189m under management it is number 33 of 59 Australian bonds ETFs by size. The management fee is 0.25% a year, about $25 on every $10,000 invested, in line with the typical Australian bonds ETF at 0.25%.
Its largest holdings are NABPH, NABPI and WBCPM, and the top 10 make up 24% of the fund. By sector it leans towards bonds & cash (100%).
Over the past year it returned +3.2%, against +0.7% for the median Australian bonds ETF. With its focus on bonds & fixed income, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.
BANK distributions and dividend dates
BANK pays distributions monthly, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $0.0302 per unit (12% franked), ex-distribution on 3 November 2026 and paid on 18 November 2026. To receive it you need to own BANK before the ex-date.
Its distribution yield over the past 12 months is about 5.2%, with distributions around 12% franked. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare BANK with
| Fee | 0.25% | 0.35% |
| 1 year | +3.2% | +4.1% |
| 5 yrs p.a. | – | +3.6% |
| Size | $189m | $674m |
| Fee | 0.25% | 0.50% |
| 1 year | +3.2% | +5.5% |
| 5 yrs p.a. | – | – |
| Size | $189m | $315m |
| Fee | 0.25% | 0.55% |
| 1 year | +3.2% | +4.4% |
| 5 yrs p.a. | – | +4.0% |
| Size | $189m | $2.5bn |
| Fee | 0.25% | 0.22% |
| 1 year | +3.2% | +4.6% |
| 5 yrs p.a. | – | +3.8% |
| Size | $189m | $2.4bn |
BANK price by TradingView
| Stock Code | BANK |
|---|---|
| Fund Manager | Global X |
| Asset Class | Australian bonds |
| AUM | $189m |
| MER (%) | 0.25% |
| Net flows (Sep) | +$3.0m |
| Last Price | $9.85 |
| 52-Week Range | $9.82 – $10.06 |
| Bid/Ask Spread | 0.15% |
| Listing Date | 24/07/2024 |
| Exchange | ASX |
| Index | Not yet in our data. See the PDS |
| Issuer website | Global X ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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