VanEck Global Listed Private Credit (AUD Hedged) ETF

The VanEck Global Listed Private Credit (AUD Hedged) ETF, with the ticker LEND, invests in a diverse range of global private credit opportunities. This ETF focuses on providing exposure to loans and debt securities from private companies worldwide, aiming to deliver income and potential growth. By hedging against currency fluctuations, it seeks to protect Australian investors from changes in exchange rates, ensuring returns are primarily influenced by the performance of the underlying credit investments. With a management fee of 0.65%, LEND offers a way to access private credit markets typically unavailable to individual investors, making it a unique addition to a diversified portfolio.