BetaShares launches Australian equities hedge fund
BetaShares has launched a managed fund allowing investors to hedge against a decline in the value of the Australian equities market.
BetaShares Australian Equities Bear Hedge Fund (BEAR) is designed to generate returns that are negatively correlated to the S&P/ASX 200.
The BEAR fund offers a way of obtaining short exposure to the share market, as units can be bought and sold on the Australian Securities Exchange (ASX).
The fund invests all assets in cash and cash equivalents, obtaining short exposure from futures contracts (ASX SPI 200).
Head of investment strategy at BetaShares, Drew Corbett said the fund was relevant to investors considering the current volatility in equity markets.
"We have seen the Australian equities market swing markedly and stay range bound in the last 18 months…investors now have a tool that provides the potential to profit from, or hedge against, market downturns," he said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Ethical super fund Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.
The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement.
A surge in electricity prices has driven the monthly Consumer Price Index to its highest level in a year, exceeding forecasts.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
120.73 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
