What does BetaShares - U.S. Dollar ETF invest in?▾
This ETF seeks to replicate the fluctuations of the US dollar's value relative to the Australian dollar, excluding all applicable fees and operational expenses. For instance, a 10% appreciation of the US dollar against the AUD is intended to yield a corresponding 10% gain in the Fund's return, before accounting for costs. Conversely, any weakening of the US dollar will result in a proportional decline in the Fund's value.