asset_category: Long Short
peer_benchmark: (ETF) Global Equities - Long Short Index
broad_market_index: Developed -World Ex Australia Index
manager_contact_details: Array
ticker: BBUS
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
BetaShares U.S. Equities Strong Bear (BBUS) seeks to generate magnified returns that are negatively correlated to the returns of the U.S. sharemarket. The Fund expects to generate a magnified positive return when the S&P 500 Total Return Index falls (and a magnified negative return when the index rises).
- A 1% fall in the U.S. sharemarket on a given day can generally be expected to deliver a 2% to 2.75% increase in the value of the Fund (and vice versa).
- The Fund therefore involves risks that are not present in most traditional equity funds.
- Does not have specific diversification guidelines or limits.
- The target asset allocation ranges of the Fund are as follows: Cash and cash equivalents is 85% or more of the Fund’s net asset value; Exchange traded derivatives (being S&P 500 futures contracts) is 15% or less of the Fund’s net asset value.
structure: ETF