Betashares Geared Australian Equities Complex ETF

The Betashares Geared Australian Equities Complex ETF (GEAR) is designed to provide investors with a magnified exposure to a diversified portfolio of Australian shares. This ETF uses a strategy called "gearing," which means it borrows money to invest more than the cash you put in, aiming to amplify potential returns. However, this also increases the risk, as losses can be magnified in the same way. With a management fee of 0.78%, GEAR is suited for investors who are comfortable with higher risk and are looking to potentially enhance their returns by investing in the Australian stock market with leverage.