BetaShares has launched two new exchange traded funds (ETFs) on the ASX that allow investors to back their view on the outlook for US equities – whether bullish or bearish.
BetaShares Geared US Equity Fund – Currency Hedged (hedge fund) (ASX: GGUS) provides investors with a simple and cost-effective way to obtain geared exposure to the returns of the US share market.
BetaShares US Equities Strong Bear Hedge Fund – Currency Hedged (ASX: BBUS) aims to help investors profit from, or protect against, declines in the US share market. BBUS seeks to generate magnified returns that are negatively correlated to the returns of the U.S. share market.
Both GGUS and BBUS are currency hedged, aiming to substantially reduce the currency risk for Australian investors.
Like all BetaShares Funds, GGUS and BBUS can be bought or sold as easily as trading any share on the ASX.