Betashares Gold Bullion Currency Hedged ETF Guide (QAU) and Details

Overview

BetaShares Gold Bullion Currency Hedged ETF (ASX: QAU) offers Australian investors a focused way to research gold-bullion exposure with currency hedging. Its profile reports a 1-year return of 5.632% and a year-to-date return of -5.794%, illustrating that performance can vary across periods.

Category

Gold bullion funds offer exposure to the price of gold rather than to the earnings of gold-mining businesses. QAU’s currency-hedged approach is designed to reduce the effect of AUD/USD movements on that exposure, although hedging does not make the investment risk-free.

Gold is often discussed as a potential diversifier and as an asset whose price can respond to economic uncertainty. QAU adds an Australian-dollar currency-hedging feature to its gold-bullion focus, so its experience may differ from an unhedged gold exposure.

Key facts

Ticker

QAU

Exchange

AU

ISIN

AU000000QAU7

Provider

BetaShares Capital Ltd

Domicile

Australia

Currency

AUD

Inception date

2011-05-05

Use of income

Annually

UCITS

No

Holdings count

1

Costs

TER

0.00%

Ongoing charge

0.00%

Net expense ratio

0.00%

AUM

1.2B

The supplied profile displays a TER of 0% and an ongoing charge of 0%. These are the reported figures; investors may wish to check current product documents for the applicable costs.

Performance

YTD

-5.8%

1 year

5.6%

3 years

28.9%

5 years

15.9%

10 years

10.6%

Dividend yield

4.78%

Top 10 concentration

100.0%

Holdings

1. .100.00%

   Ticker

   Sector

   Country

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The supplied profile records one holding and 100% top-ten concentration, but does not identify the holding by name. The fund’s stated focus is gold bullion, so its exposure is concentrated rather than spread across operating businesses.

Related ETFs

QAU’s focus is gold bullion with currency hedging, unlike gold-miner funds such as MNRS, which invest in mining companies. This distinction means the funds have different underlying exposures.

Risks

Who it may suit

QAU may interest investors researching gold exposure with currency hedging in an Australian-listed ETF. Its concentrated bullion focus differs from a diversified share or bond fund; whether it fits depends on individual objectives and circumstances.

Key risks

Gold prices can fall as well as rise, and a concentrated bullion exposure does not provide the diversification of a broad share or bond portfolio. Currency hedging can also affect outcomes and may not remove all currency-related effects. Past returns and distributions do not guarantee future results.

FAQ