BetaShares Global Healthcare ETF - Currency Hedged (DRUG)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106506-2023-01-06-02:20.pdf |
FUND MANAGER | BetaShares Capital |
ASX Code | DRUG* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | Aims to track the performance of the Benchmark, before fees and expenses. |
INVESTMENT PROFILE | The Index is designed to track the performance of global companies that are in the Healthcare sector (excluding companies listed in Australia). |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 04-08-2016 |
BENCHMARK | Nasdaq Global ex-Australia Healthcare Hedged AUD Index |
FUND SIZE | Nasdaq Global ex-Australia Healthcare Hedged AUD Index |
DISTRIBUTION FREQUENCY | Half yearly |
NO. OF HOLDINGS | up to 60 securities. |
FEES | 0.47% p.a. |
STRUCTURE |
Benefits
Benefits | Healthcare Sector Exposure DRUG provides instant exposure to the performance of the largest international healthcare companies, including Johnson & Johnson, Pfizer and Roche. Growth Opportunity Due to ageing populations, rising living standards and ongoing medical advancements, healthcare is anticipated to remain one of the global economy’s leading growth sectors for some time. Large Company Exposure DRUG invests only in the most significant healthcare companies globally Reduced Currency Risk DRUG is hedged to the Australian Dollar, substantially eliminating the effects of currency fluctuations on returns. ASX: DRUG is part of our global sector fund series The Global Sector Series is designed to provide investors with a convenient and costeffective way to access the largest companies in some of the world’s most important industry sectors in a single ASX trade.
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RISK LEVEL | Very high |
INVESTOR SUITABILITY | DRUG can be used by investors for a variety of investment strategies, for example: |
Risks
Title | |
Detail |
Key Features
The investment objective of the BetaShares Global Healthcare ETF - Currency Hedged is to provide an investment return that aims to track the performance of the Nasdaq Global exAustralia Healthcare Hedged AUD Index (the “Index”), before taking into account fees and expenses. The Index is designed to track the performance of global companies that are in the Healthcare sector (excluding companies listed in Australia). |
Mandate
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: |