Betashares Wealth Builder Diversified All Growth Geared (30-40% LVR) Complex ETF Fund

Investment objective

The Betashares Wealth Builder Diversified All Growth Geared (30-40% LVR) Complex ETF is to provide geared exposure to the returns of a diversified share portfolio, invested in equities from Australia, global developed and emerging markets. There is no assurance or guarantee that the returns of the Fund will meet its investment objective.

The Fund intends to provide geared exposure to the returns of the Australian and global share market in all market conditions. This means in a falling share market, investors should not expect the Fund’s level of gearing to be reduced below the anticipated gearing range from time to time or investments to be repositioned, in an attempt to avoid or reduce losses.

Investment strategy

The Fund intends to implement the investment strategy by combining application money from investors with borrowed funds and investing in a portfolio that provides exposure to a broadly diversified basket of Australian and global equities. The Fund may hold these securities directly or obtain this exposure by holding shares or units of one or more exchange traded funds.

The Fund intends to obtain the equity exposure by investing in the Underlying ETFs. The Fund’s borrowings will be denominated in Australian dollars. The Fund is ‘internally geared’, which means the Fund borrows the money instead of investors. Gearing can be expected to magnify both investment gains and losses, and consequently significant variations in the value of the Fund’s investments can be expected. Australian and US dollar cash and cash equivalents may be held in the Fund.

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.