BetaShares brings additional currency-hedged global ETFs to market
SYDNEY, 11 June 2020: BetaShares, a leading Australian ETF manager, has today announced the launch of a currency-hedged version of its Global Quality Leaders ETF, with currency-hedged versions of two of its other popular international ETFs, the Global Sustainability Leaders ETF and NASDAQ 100 ETF, to follow.
BetaShares CEO, Alex Vynokur, said: ‘Currency movements are notoriously difficult to predict, and recent exchange rate volatility illustrates that currency exposure can often be a key driver of investment returns. We are broadening our range of currency-hedged ETFs in response to significant client demand, as many investors are looking to substantially remove the currency variable from the investment equation.”
The three funds are the BetaShares Global Quality Leaders ETF – Currency Hedged (ASX: HQLT), the Betashares Global Sustainability Leaders ETF – Currency Hedged (ASX: HETH), and the BetaShares NASDAQ 100 ETF – Currency Hedged (ASX: HNDQ).
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