Betashares Gold Bullion ETF - Currency Hedged
QAU
Betashares Gold Bullion ETF - Currency Hedged
What is Betashares Gold Bullion ETF - Currency Hedged about?
Betashares Gold Bullion ETF - Currency Hedged (ASX:QAU) is an exchange-traded fund (ETF) that tracks the performance of the gold price in Australian dollars, hedged against currency fluctuations in the AUD/USD exchange rate. The fund is backed by physical gold bullion stored in a London vault of JPMorgan Chase. QAU's objective is to provide investors with a convenient and cost-effective way to gain exposure to the gold price in Australian dollars. The fund is suitable for investors who are looking to diversify their portfolios with a safe-haven asset, or who want to reduce their exposure to currency fluctuations. QAU is listed on the Australian Securities Exchange (ASX) and has a management fee of just 0.18% per annum. The fund is highly liquid, meaning that investors can easily buy and sell units without having to worry about a lack of buyers or sellers.
Company Snapshot
Is Betashares Gold Bullion ETF - Currency Hedged a public or private company?
Ownership
Public
How many people does Betashares Gold Bullion ETF - Currency Hedged employ?
Employees
128
What sector is Betashares Gold Bullion ETF - Currency Hedged in?
Sector
ETF
Where is the head office for Betashares Gold Bullion ETF - Currency Hedged?
Head Office
Sydney, Australia
What year was Betashares Gold Bullion ETF - Currency Hedged founded?
Year Founded
2011
What are Betashares Gold Bullion ETF - Currency Hedged’s services?
Overview of Betashares Gold Bullion ETF - Currency Hedged offerings
Provides exposure to the gold price in Australian dollars: The fund is backed by physical gold bullion stored in a London vault of JPMorgan Chase, and its performance is hedged against currency fluctuations in the AUD/USD exchange rate.
Low management fees: The fund has a management fee of just 0.18% per annum, which is one of the lowest among gold ETFs in Australia.
Traded on the ASX: The fund is traded on the Australian Securities Exchange (ASX), making it easy for investors to buy and sell units.
Diversification benefits: Gold is often seen as a safe-haven asset, and can help to diversify an investment portfolio.
Liquidity: The fund is highly liquid, meaning that investors can easily buy and sell units without having to worry about a lack of buyers or sellers.
Hedged against currency fluctuations: The fund's performance is hedged against currency fluctuations in the AUD/USD exchange rate, which can help to reduce risk for Australian investors.
