Betashares Gold Bullion ETF (Currency Hedged)

The Betashares Gold Bullion ETF (Currency Hedged), with the ticker QAU, is designed to give investors exposure to the price of gold. This ETF invests in physical gold bullion, meaning it holds actual gold bars, which helps track the gold price. The "currency hedged" aspect means it aims to protect investors from fluctuations in the Australian dollar against the US dollar, which is important since gold is typically priced in US dollars. By investing in this ETF, you can benefit from changes in gold prices without having to buy and store the gold yourself. The management fee for this ETF is 0.59% per year, which covers the costs of managing the fund.