Betashares Global Banks ETF - Currency Hedged

The Betashares Global Banks ETF - Currency Hedged (BNKS) allows investors to gain exposure to a diversified portfolio of leading global banks while protecting against currency fluctuations. This ETF invests in a range of major international banks, providing an opportunity to benefit from the financial sector's performance worldwide. The currency hedging strategy is a key feature, as it aims to minimise the impact of changes in the Australian dollar's value against other currencies, ensuring that your investment returns are more directly linked to the performance of the banks themselves rather than currency movements. With a management fee of 0.57%, BNKS offers a straightforward way to invest in global banking giants with reduced currency risk.