Betashares Australian High Interest Cash Company Overview

Betashares Australian High Interest Cash ETF (ASX:AAA) is an exchange-traded fund (ETF) that seeks to provide investors with exposure to Australian cash deposits, with attractive monthly income distributions that exceed the 30-day Bank Bill Swap Rate (BBSW) (after fees and expenses). Assets are invested in deposit accounts held with selected banks in Australia. The ETF's operations are simple and straightforward. It invests all of its assets in a diversified portfolio of Australian cash deposits. The ETF's manager, Betashares Capital Limited, is responsible for selecting the banks and deposit accounts that are included in the ETF's portfolio. The ETF is currently working on one key project: expanding its product offering to include a range of other high-interest cash ETFs, such as a US dollar cash ETF and a Chinese yuan cash ETF.