BBUS, page-531

BBUS pricing is a bit complicated to price check but I spoke to another fellow at Betashares who gave me a simple way to confirm what BBUS price should be at ASX close.

1) At exactly 4 pm ASX close each day take the SP500 futures number.

2) Add or subtract the current day 4 pm SP500 futures number from previous day.

3) Figure the percentage change like from here

4) Use that % to add or subtract from the previous BBUS close.

5) The current day BBUS closing price should be very close to the figure you worked out. It won't be exact due to fund management fees and a few seconds price movements.

I will give this a try to see if it works.