asset_category: Large Cap Strategy
peer_benchmark: (ETF) Domestic Equity - Large Cap Strategy Index
broad_market_index: ASX Index 200 Index
manager_contact_details: Array
ticker: AUST
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
The BetaShares Managed Risk Australian Share Fund (managed fund) (the Fund) is a managed investment fund whose units will trade on the ASX, much like listed shares. The Fund aims to provide exposure to a broadly diversified portfolio of Australian shares, generally consisting of approximately 200 of the largest equity securities on the ASX, weighted by their market capitalisation. The Fund also aims to reduce the volatility of the Fund’s equity investment returns and cushion downside risk.
- Investing the assets of the Fund in a broadly diversified share portfolio, generally consisting of approximately 200 of the largest equity securities listed on the ASX, weighted by their market capitalisation and rebalanced quarterly (the “Securities Portfolio”) and selling ASX SPI 200 futures contracts to manage volatility and cushion downside risk.
- Selling ASX SPI 200 futures can be expected to generate a positive return when the sharemarket declines, and a negative return when the sharemarket increases.
- Futures positions will be used will vary over time (typically futures exposure is expected to be in the range of 10-50%, but will not exceed 70%, of the Fund’s net asset value).
- Generally, in periods of higher volatility, futures exposure will be increased, with the objective of lowering the Fund’s volatility and reducing (although not eliminating) downside exposure.
structure: ETF