Betashares WealthBuilder Global Geared Complex ETF

The Betashares WealthBuilder Global Geared Complex ETF, with the ticker GGBL, is designed to help investors grow their wealth by investing in a diversified portfolio of global shares. This ETF uses a geared investment strategy, which means it borrows money to invest more than the initial amount, aiming to amplify potential returns. However, this approach also increases the risk, as losses can be magnified if the market declines. With a management fee of 0.35%, GGBL offers a cost-effective way for investors to access a broad range of international companies, providing an opportunity for higher growth, but with a higher level of risk due to the use of gearing.