Benefits of investing in the BetaShares NASDAQ 100 ETF - Currency Hedged

• Accessing the \"new\" economy - simple and cost effective way to access a diversified portfolio of some of the world's most revolutionary companies

• Technology sector exposure - Fund invests in some of the largest, most innovative companies in the global technology sector including Apple, Google & Facebook

• U.S. exposure - obtain U.S. equities exposure

• Reduced currency risk - foreign currency exposure hedged to the Australian Dollar

• Cost effective - cost of Fund is lower than traditional active managers focusing on U.S. equities

• Reduced administration - as an Australian domiciled fund, investors do not need to fill out W-8BEN forms, or risk any potential U.S. estate tax issues

• Transparent - portfolio holdings, value of the Fund's assets and net asset value per unit available daily on our website

• Liquidity - available to trade on the ASX like any share

About the Fund

The Fund aims to track the performance of the NASDAQ-100 Currency Hedged AUD Index ("Index) (before fees and expenses), providing investors with exposure to the 100 largest non-financial securities listed on the NASDAQ stock market, by market capitalisation. The Index contains category defining companies across major industry groups such as technology, telecommunications and retail. The Fund currently obtains its investment exposure indirectly by investing in the BetaShares NASDAQ 100 ETF, being the unhedged version of the Fund. The portfolio is hedged back to the Australian Dollar with the aim of minimising the impact of currency fluctuations on portfolio performance.

Investment objective

The investment objective of the Fund is to provide an investment return that aims to track the performance of the NASDAQ-100 Currency Hedged AUD Index (the "Index), before taking into account fees and expenses.

The Index includes securities of 100 of the largest U.S. and international non-financial companies listed on the NASDAQ stock market, based on market capitalisation. The Index contains companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies (including investment companies). The foreign currency exposure of Index constituents is hedged back to the Australian dollar.

How to use this ETF in your portfolio

The Fund can be used to implement a variety of investment strategies. For example:

• A core component of a global equities allocation providing transparency and diversification benefits

• Tactical exposure to the global technology sector

• A cost-effective complement or alternative to active fund managers focussed on global equities

How we invest your money

In seeking to achieve the investment objective, the Responsible Entity will employ a passive management approach with the aim of tracking the performance of the Index, before fees and expenses.

As at the date of this PDS, the Responsible Entity intends to obtain the Fund's investment exposure to securities listed on the NASDAQ stock market indirectly, by investing substantially all of its assets in units of the BetaShares NASDAQ 100 ETF (the "Underlying Fund), an exchange traded fund admitted to trading on the ASX that is also operated by BetaShares as responsible entity. In this PDS, where we refer to the Fund's investments we generally do so on a 'look- through' basis; that is, we are referring to the assets of the Underlying Fund to which the Fund has exposure through its investment in the Underlying Fund.

The Responsible Entity may, in its discretion, in the future obtain investment exposure to the NASDAQ stock market directly via investment in securities that comprise the Index.

As the Index is hedged to Australian dollars, for index-tracking purposes, the Responsible Entity intends to hedge the Fund's 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.

The Fund may hold exchange-traded derivatives contracts from time to time (e.g. futures contracts) and other investments that do not form part of the Index where this may help to achieve the Fund's investment objective. For example, exchange-traded derivatives may be used where direct investment in a particular security or securities is not possible or practical, to obtain an investment exposure without physically buying or selling the underlying asset, to manage cash flows or to facilitate timely exposure to the market. Exchange-traded derivatives will only be used in limited circumstances and will not be used to leverage the Fund.

For more information about the Underlying Fund and the Index, refer pp 8-9 of the product PDS.