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Australian investors have long turned to ASX shares for income. But with the yield on the S&P/ASX 200 down from 4.61% to 3.75% over the last 12 months* – and now at its lowest point since January 2022 – where can investors turn for income and franking credits? Betashares Australian Top 20 Equity Yield Maximiser Fund (managed fund) (ASX: YMAX) produced a distribution yield of 7.9% over the last 12 months*, or 9.7% grossed up for franking credits.
*As at 31 May 2024. Past performance is not indicative of future performance. Yield will vary. Betashares Capital Limited is the product issuer. Read the PDS and TMD at (VIEW LINK).
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Betashares is a leading Australian fund manager serving over one million investors across Australia’s broadest range of ETFs. Betashares’ range of intelligent investment solutions covers almost every asset class and investment strategy.
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Betashares is a leading Australian fund manager serving over one million investors across Australia’s broadest range of ETFs. Betashares’ range of intelligent investment solutions covers almost every asset class and investment strategy.
Betashares is a leading Australian fund manager serving over one million investors across Australia’s broadest range of ETFs. Betashares’ range of intelligent investment solutions covers almost every asset class and investment strategy.
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