YANK - Betashares Strong U.S. Dollar Fund (Hedge Fund) ETF

[frugal.rock]

Strong U.S. Dollar Fund (hedge fund)

Strong US Dollar Fund - simple, low-cost access to the USD. Trade USD ETFs with Betashares. Diversify your Portfolio · Transparent Fees. Learn more today.

www.betashares.com.au

Fund objective​

YANK aims to provide geared exposure to changes in the value of the U.S. dollar against the Australian dollar.

Fund strategy​

YANK generally expects to generate a positive return of between 2% and 2.75% for a 1% rise in the value of the U.S. dollar against the Australian dollar on a given day (and a corresponding negative return when the U.S. dollar falls in value on a given day).