International share funds
International Share Funds have exposure to a diversified portfolio of international shares or can be invested directly into a range of international shares across a number of global stock exchanges in developed, emerging, and/or frontier market. These funds can offer varying levels of risk and return but are generally riskier than cash and fixed interest securities.
| Investment Options | Risk Level | Investment Objective | Investment Strategy |
|---|---|---|---|
| International Share Funds | |||
| Betashares Global Shares ETF Fund | 6 – High | The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive GBS Developed Markets ex Australia Large & Mid Cap Index (an index comprising approximately 1,300 developed markets companies), before considering fees and expenses. The index is designed to provide exposure to the world’s largest developed markets companies, based on free float-adjusted market capitalisation (ex Australia). | In seeking to achieve the investment objective of the Fund will employ a passive management approach designed to track the performance of the Index, before taking into account fees and expenses. The Fund will seek to track the relevant Index by adopting a ‘sampling’ strategy. Under this approach, a Fund will not hold all of the securities comprising the relevant Index and may hold securities in weightings which differ from the Index. A sampling strategy is often used for funds tracking an index that is too broad to efficiently purchase all of the index’s securities. |
| Betashares Global Shares Currency Hedged ETF Fund | 6 – High | The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive GBS Developed Markets Currency Hedged ETF ex Australia Large & Mid Cap Index (an index comprising approximately 1,300 developed markets companies), before considering fees and expenses. The index is designed to provide exposure to the world’s largest developed markets companies, based on free float-adjusted market capitalisation (ex Australia). | In seeking to achieve the investment objective the Fund will obtain investment exposure to the securities listed in the index indirectly, by investing substantially all of its assets in units of the Betashares Global Shares ETF, an exchange traded fund admitted to trading on the ASX. As the fund is hedged to Australian dollars, for index-tracking purposes, the fund intends to hedge the currency exposure using forward foreign exchange contracts (or similar instruments), with the objective of substantially offsetting the Fund’s exposure to movements in the relevant foreign currency. While this approach seeks to minimise the impact of currency fluctuations on Fund returns, it does not necessarily eliminate exposure to all currency fluctuations. |
