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AAA

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    49.8581$
  • Previous Close
    49.8636$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

AAA.AU is the ticker symbol for the BetaShares Australian High Interest Cash ETF, which is traded on the Australian Securities Exchange (ASX). This ETF aims to track the performance of an index that reflects the returns available on Australian cash deposits. It primarily invests in a portfolio of cash deposits held with Australian banks, aiming to provide investors with a return that closely matches the prevailing cash rate, less fees and expenses. Investors use AAA.AU as a liquid and transparent way to access cash-like returns within their investment portfolios.
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Factors

Net Asset Value (NAV): The underlying value of the assets (Australian equities) held by the ETF. Price fluctuations in these equities directly impact AAA.AU's NAV and, consequently, its price.

Supply and Demand: Market forces influence the ETF's price. Higher demand increases the price, while increased selling pressure (supply) lowers it.

Investor Sentiment: Overall market optimism or pessimism regarding Australian equities affects investor demand for AAA.AU.

Index Tracking: AAA.AU aims to track a specific Australian equity index. Deviations between the ETF's price and the index's performance can create arbitrage opportunities, influencing the price.

Management Fees and Expenses: Fees charged by the ETF provider affect its overall returns, potentially impacting investor demand and price.

Dividends: Dividends paid by the underlying companies held in the ETF will affect price, usually at ex-date it may decrease.

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