Betashares Gold Bullion ETF - Currency Hedged Company Overview

About Betashares Gold Bullion ETF - Currency Hedged
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.
Snapshot
Operations
Products and/or services of Betashares Gold Bullion ETF - Currency Hedged
- 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.