Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) (GGAB.AX) Price
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) Price
Underlying
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) provides 1X daily exposure to HEDGE.
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) List of Holdings
Frequently asked questions about Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND)
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) is offered by BetaShares, a leading player in the field of passive investments.
The ISIN of Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) is AU0000307944.
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) aims to deliver 1 times the daily return of HEDGE (long). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) provides 1X daily long exposure to HEDGE. When HEDGE moves +1% in a day, Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) targets approximately 1% (before fees).
The total expense ratio of Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) is 0.99%, which means that investors pay 99.00 AUD per 10,000 AUD in investment capital annually.
The ETF is listed in AUD.
European investors may incur additional costs for currency exchange and transaction fees.
No, Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) does not comply with the EU UCITS investor protection directives.
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) is domiciled in AU.
The fund was launched on 12/4/2023.
The Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) mainly invests in Wide credit companies.
The NAV of Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND) amounts to 19.18 M AUD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Betashares Geared Long Australian Government Bond Fund Units (HEDGE FUND)