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BetaShares Global Agriculture Companies ETF - Currency Hedged (FOOD)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106505-2023-01-06-02:20.pdf
FUND MANAGER BetaShares Capital
ASX Code FOOD*
APIR
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE

Aims to track the performance of the Benchmark before taking into account fees and expenses.

INVESTMENT PROFILE

Globally traded equity and equity-related securities of the largest and most liquid companies involved in agriculture and farming-related activities (excluding companies listed in Australia). 

CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 02-08-2016
BENCHMARK Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index
FUND SIZE Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index
DISTRIBUTION FREQUENCY Half yearly
NO. OF HOLDINGS Up to 60
FEES 0.47% p.a.
STRUCTURE

Benefits

Benefits

GROWING GLOBAL DEMAND FOR FOOD

Growing populations and rising living standards support increasing strong demand for agricultuaral products (food and food production).

DIVERSIFICATION

In a single ASX trade, get exposure to a diversified portfolio of global cybersecurity companies, a sector under-represented in the Australian sharemarket.

COST- EFFECTIVE

Passive, index-tracking approach means no 'active' managers' fees.

LIQUIDITY

Investors can buy or sell FOOD as they would any regular share on the ASX. 

REDUCED CURRENCY RISK

Foreign currency exposure hedged back to the Australian dollar.

RISK LEVEL Very high
INVESTOR SUITABILITY

A product with a high or very high risk/return profile may be
consistent with the investor’s objectives for a growth allocation as part of a broader portfolio, notwithstanding that
the risk/return profile of the investor as a whole may be low or medium.

Risks

Title
Detail

Key Features

The investment objective of the BetaShares Global Agriculture Companies ETF - Currency Hedged is to provide an investment return that aims to track the performance of the Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index (the “Index”), before taking into account fees and expenses.

The Index is designed to measure the overall performance of globally traded equity and equity-related securities of the largest and most liquid companies involved in agriculture and farming-related activities (excluding companies listed in Australia)

Mandate

How we invest your money

The Fund will seek to achieve the investment objective by adopting a “full replication” strategy. 

The index sponsor is the Nasdaq, Inc (“Nasdaq”). Nasdaq operates one of the world’s largest networks of exchanges, which spans 26 markets and six continents. Nasdaq is a public company listed on the NASDAQ Global Select Market. Within its index business, it calculates over 40,000 diverse indexes that provide coverage across asset classes, countries and sectors.

To be eligible for initial inclusion in the Index, a security must meet the following criteria:
• be a member of the NASDAQ Global Index (NQGI);
• must not have a NQGI classification country of Australia;
• must be a member of an agriculture or farming related sub-sector of the Revere International Sector Classification;
• one security per issuer is permitted;
• the security must have a minimum worldwide market capitalization of $500 million;
• the security must have a minimum three-month average daily dollar trading volume of $1 million; and
• have a minimum free float of 20%.