What does BetaShares - Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF invest in?▾
BetaShares - Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ) offers investors a pathway to long-term wealth accumulation through moderately leveraged exposure to the performance of the Nasdaq 100 index. The fund operates by pooling capital from investors and supplementing it with borrowed funds, then investing the combined sum into the BetaShares Nasdaq 100 ETF (ASX: NDQ). NDQ's objective is to track the returns of the top 100 non-financial companies listed on the Nasdaq exchange, before accounting for fees and expenses. The gearing, or leverage, within the fund is managed...
