Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF

The Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF, with the ticker GNDQ, is designed to provide Australian investors with enhanced exposure to the Nasdaq 100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange in the United States. This ETF uses a strategy called gearing, meaning it borrows money to increase its investment exposure, aiming to amplify potential returns. However, this also means that losses can be magnified, making it a higher-risk investment. With a management fee of 0.50%, GNDQ is suitable for investors who are comfortable with a higher level of risk and are looking to potentially boost their returns through leveraged exposure to major tech and innovative companies.