Betashares Australian Cash Plus Active ETF is an actively managed exchange traded fund focused on delivering enhanced income from short-term Australian dollar cash and money market securities. Its main objective is to generate monthly yields that consistently exceed the Bloomberg AusBond Bank Bill Index, using a diversified portfolio comprising negotiable certificates of deposit, term deposits, floating rate notes, commercial paper, and overnight cash, with nearly all underlying holdings rated investment grade and a typical maturity of three months or less. Designed as a core cash allocation solution, the fund prioritizes capital stability while providing daily liquidity and efficient T+2 settlement, making it an accessible vehicle for both retail and institutional investors seeking direct exposure to the Australian short-term fixed income market. Distributions are paid monthly, and the fund’s average credit rating is high, reflecting its focus on securities from reputable issuers. The fund is particularly notable for offering access to instruments traditionally reserved for the institutional market, all while aiming to optimize cash management for investors’ portfolios.