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BetaShares U.S. Dollar ETF (USD)

Objective

Aims to track the change in price of the United States dollar relative to the Australian dollar, before fees and expenses.

For example, if the US$ goes up 10% against the A$ (i.e. the A$ falls in value) the ETF is designed to go up 10% too.

U.S. Dollar ETF - Overview

About

Provides simple, low cost exposure to the performance of the US Dollar relative to the Australian dollar

  • If the US Dollar goes up 10% against the A$ the ETF is designed to go up 10% too
  • Backed by physical US Dollars held in a segregated bank account with JP Morgan Chase
  • Interest earned on the US dollars accrues to the benefit of the ETF
  • Currencies are a non-correlated asset class that can be used to reduce the volatility of an investment portfolio
  • Advantages

  • Access: performance of US Dollar relative to Australian dollar as simply as buying a share
  • Convenience:avoid complications and costs of FX trading platforms, CFDs and foreign currency bank accounts
  • Simple & Secure: ETF holds actual US Dollars in a bank deposit account with JP Morgan Chase
  • Liquid: trade on ASX throughout the day
  • Transparent: value of ETF's assets and FX rate used is available daily on website
  • How to Invest

    An ETF is a managed fund whose units can be bought and sold on the ASX

  • You can buy or sell units just like you'd buy or sell any share on the ASX
  • No minimum investment
  • Trade throughout the ASX trading day
  • Distribution Reinvestment Plan (DRP) available
  • Pricing Information - 21-Nov-2014

    Current Price NAV
    Last Trade* $11.37 NAV/Unit* $11.40
    % Change (prev day) -0.79% *As of close of previous trading day
    Bid* (delayed) $11.34    
    Offer* (delayed) $11.50    
    iNAV (live)    
    *Data is delayed by at least 20 minutes.  
    What is an iNAV

    iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the NAV of the ETF during the trading day

    Profile - 21-Nov-2014

    Net Assets* ($A) $229,287,509
    Units Outstanding* (#) 20,111,304
    Mgmt Fees** (% p.a.) 0.45%
    Distribution Frequency Semi Annual
    Issuer BetaShares Capital
    Fund Administrator RBC Investor Services
    Custodian RBC Investor Services
    Registry Link Market Services
    Auditor KPMG
    * As of close of previous trading day
    **Certain additional costs apply. Please refer to PDS.

    Trading Information

    Exchange ASX
    ASX Code USD
    Bloomberg Code USD AU
    IRESS Code USD.AXW
    Currency AUD
    Trading Hours 10.00-16.00 (AEST)
    iNAV IRESS Code USDINAV.ETF
    Authorised Participants 7
    Market Makers Susquehanna Pacific, Virtu Financial
    Marginable Check with your broker
    Short Selling Check with your broker
    SMSF Eligible Yes

    Index Information

    Index N/A
    Index Provider N/A
    Index Ticker N/A
    Bloomberg Index Ticker N/A

    Top Holdings - 21-Nov-2014

    Name %
    1 U.S. Dollar 100 %
       

    Sector Allocation

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    U.S Dollars
    100.0%
    * As of 30 September 2014

    Fund Returns After Fees (%)

    1 month 3 month 6 month 1 year 3 year p.a 5 year p.a Since Inception (p.a.) Inception Date
    Fund -0.49 % 5.64 % 5.16 % 7.22 % 5.98 % - 2.95 % 31-Jan-11
    Index -0.45 % 5.77 % 5.41 % 7.73 % 6.47 % 0.55 % 3.42 % -
    * As at 31 October 2014
    Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

    Yield Information

    Frequency Semi-Annual
    Annual Distribution Return (%) (1)
    1 This is the annual distribution return to the end of the most recent distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. It is calculated as the difference between total Fund return and NAV return. NAV return is the change in the Fund's NAV price. Total return is the NAV return plus reinvestment of all distributions back to the Fund. Past performance not indicative of future performance.

    Recent Distributions

    Ex Date Record Date Payment Date Distribution
    Unit ($)
    Annual Distribution Return (%) (1)
    1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. It is calculated as the difference between total Fund return and NAV return. NAV return is the change in the Fund's NAV price. Total return is the NAV return plus reinvestment of all distributions back to the Fund. Past performance not indicative of future performance.
    Factsheet
    Product Disclosure Statement
    Introduction to BetaShares Currency ETFs
    Annual Report
    Half Year Report - December 2013
    Fund Payment Notice - June 2013
    Announcement regarding distributions
    Supplementary Product Disclosure Statement - July 2014
    Supplementary Product Disclosure Statement - August 2013

    iNAV is an indicative estimate only, may not reflect the true value of a unit and may be materially out of date at the time viewed. It should not be relied on in making any investment decision. See Terms and Conditions for more information.

    An investment in units of any BetaShares Fund is subject to risk, which may include possible delays in repayment and loss of income and capital invested. The value of units may go down as well as up. Past performance is not an indication of future performance. Before making an investment decision you should consider the relevant PDS (available on this website) with a financial advisor to determine if it is appropriate for your circumstances. Commodity ETFs: The index which each BetaShares commodity ETF aims to track is based on the price of futures contracts.  Investing in commodity futures is not the same as investing in the “spot price” of a given commodity. The ETFs do not aim to, and should not be expected to, provide the same return as the performance of the spot price of the relevant commodities. The performance of ETFs that are linked to commodity futures may be materially different to the spot price for the commodity itself. Also, differences in trading hours of the underlying futures markets and their corresponding BetaShares ETFs may at certain times cause the difference between bid prices and offer prices on the ASX to widen significantly. Investors should carefully consider this potential impact before trading. Please refer to the "Risks" section of the PDS for more information about these and other risk factors.