Overview
Description
BetaShares Nasdaq 100 ETF – Currency Hedged is an exchange-traded fund designed to provide investors with exposure to the performance of 100 of the largest non-financial companies listed on the Nasdaq market, while aiming to minimise the impact of currency fluctuations between the U.S. dollar and the Australian dollar. The fund tracks the Nasdaq 100 Currency Hedged AUD Index and incorporates a currency hedging strategy to align returns more closely with movements in the underlying equities rather than in foreign exchange rates. Notably, this ETF offers a diversified portfolio focused on leading technology, consumer services, and healthcare firms—such as Apple, Amazon, and Google—making it a gateway to sectors that drive global innovation and growth, sectors generally under-represented on the Australian share market. Distributions are paid semi-annually and consist of both dividend income and realised capital gains from the underlying holdings, but do not carry Australian franking credits due to the international nature of the constituents. The fund supports a reinvestment plan and is structured to serve Australian investors looking for international growth opportunities while mitigating currency risk, thus holding a significant role in global asset allocation strategies.
About
Address
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Phone
+61 1300487577
Website
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Instrument type
ETF
Country
Australia
MIC code
CXAC