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.

GNDQ primarily invests in equities, focusing on large-cap technology and growth-oriented companies within the Nasdaq 100 Index. This includes well-known names in technology, consumer discretionary, and healthcare sectors. The ETF provides investors with a concentrated exposure to these high-growth companies, typically characterised by significant market capitalisation. The leveraged strategy uses derivatives to achieve its exposure, which can amplify both gains and losses. This makes GNDQ suitable for investors seeking higher-risk, higher-reward opportunities in a diversified equity portfolio.