Betashares Global Shares ETF Fund

Investment objective

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).

Investment strategy

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.

Investment manager

Betashares Capital Limited (Betashares) is an Australian fund manager that specialises in Exchange Traded Funds (ETFs). Established in 2009, Betashares has grown to become one of the market leaders in ETFs and has a wide range of exchange traded products on the ASX. Betashares’ philosophy is to create intelligent investment solutions that broaden the investment possibilities for Australian investors. Betashares products provide access to a wide range of market indices, asset classes and investment strategies, all of which can be bought or sold like any share on the ASX.