VanEck Australian Long Short Complex ETF

The VanEck Australian Long Short Complex ETF (ticker: ALFA) is designed to provide investors with exposure to an investment strategy that seeks to profit from both rising and falling Australian share prices. Unlike traditional ETFs that only buy shares, ALFA uses a "long/short" approach. This means it invests in shares it expects to rise in value (long positions) and sells shares it expects to fall in value (short positions), aiming to generate returns regardless of market conditions. With a management fee of 0.39%, ALFA offers a unique way to potentially benefit from market movements in both directions, making it suitable for investors looking for a more dynamic investment strategy.