Benefits of investing in the BetaShares Global Sustainability Leaders ETF - Currency Hedged

• Diversification - with a single trade, investors can get exposure to a diversified portfolio of sustainable, ethical companies from a broad range of global locations

• Cost effective - Fund tracks the performance of an index (no active manager' fees)

• Large company exposure - strategy invests only in large global companies

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

• 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

Provides simple, cost-effective and transparent exposure to a portfolio of sustainable, ethical companies from a broad range of global locations.

The Fund will generally invest in a portfolio of global equity securities that comprise the Index in proportion to the weightings of the securities in the Index.

The Index includes 200 large global stocks from developed market countries (excluding Australia) that have been identified as "Climate Leaders and that have also passed certain eligibility screens designed to exclude companies with direct or significant exposure to the fossil fuel industry or that are engaged in other activities deemed inconsistent with responsible investment considerations.

Climate Leaders are companies that have a carbon efficiency that places them in the top one-third of companies in their industry or are otherwise superior performers in relation to "Scope 4 carbon emissions(also known as "avoided emissions).

Carbon efficiency:Carbon efficiency is determined by calculating the greenhouse gas emissions from a company's operations, fuel use and supply chain, divided by its annual revenue.

Scope 4 (or avoided) carbon emissions:Superior performers in relation to Scope 4 carbon emissions are those companies involved in commercialising technologies that have net positive climate benefits through substantial greenhouse gas emissions reductions or sequestration. Companies in this category typically include those with primary business activities in renewable energy, energy efficiency, sustainable agriculture and land use, and carbon sequestration.

A fossil fuel screen is applied to the universe of Climate Leaders, which removes companies with any direct involvement in the fossil fuel industry, as well as companies with material indirect exposure (e.g. provision of products, services or finance which is specific to, and significant for, the fossil fuel industry) and those with particularly high use of fossil fuels.

The remaining universe is screened to remove companies which are exposed to activities considered to carry significant negative environmental, social and governance (ESG) risks (subject to certain materiality thresholds).

For further information on the Index and stock screening criteria, please see section 2 of the PDS.

Investment objective

The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to 200 large global stocks (excluding Australia) which are climate change leaders (as measured by their relative carbon efficiency) and which are not materially engaged in activities deemed inconsistent with responsible investment considerations.

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 in addition to being consistent with ethical and sustainable objectives

• Tactical exposure to global equities

How we invest your money

As at the date of the PDS, the Responsible Entity intends to obtain the Fund's investment exposure to global sharemarkets indirectly, by investing substantially all of its assets in units of the BetaShares Global Sustainability Leaders 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 global sharemarkets 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 currencies. 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 further information on the Index and stock screening criteria, please see section 2 of the PDS.