Global X Ultra Long Nasdaq 100 Hedge Fund (ASX:LNAS)

The Global X Ultra Long Nasdaq 100 Hedge Fund (ASX: LNAS) ETF is an ETF designed to provide amplified or ‘geared’ exposure to the popular NASDAQ 100 stock market index.

LNAS ETF review

LNAS share price and fees

LNAS fees

ASX ticker code: LNAS
Yearly fee (MER): 1.00%
FUM: $29.17 million
Monthly spread: 0.23%
Data Last Updated: July 2022

Analyst report

This ETF does not (yet) have an analyst report or rating available. If you would like to request our analyst team cover this ETF, please get in contact with us.

Fee comparison

LNAS yearly fee (MER)
0 %
Sector average fee (MER)
0 %

What does the LNAS ASX ETF invest in?

LNAS is an hedge fund ETF designed for making short-term trades on the direction of the NASDAQ 100 index. It’s effectively an index fund that adds leverage or ‘gearing’ so that a 1% rise in the NASDAQ 100 index causes a 2% to 2.75% rise in the LNAS ETF (less fees and costs). It can also go the opposite direction and result in larger losses.

What do investors use the LNAS ETF for?

The LNAS ETF could be used by investors who are seeking to add gearing to their portfolio and are willing to accept the higher risks associated with that. There are particular risks associated with geared ETFs that your financial adviser can (and should) explain to you before investing.

How to buy the LNAS ETF

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LNAS investor starter pack

LNAS PDS

The Product Disclosure Statement (PDS) explains the fees, tax status and some of the risks.

LNAS literature

We’ve asked the ETF provider to share their best whitepapers & research with you.

LNAS holdings

The Best ETFs team occasionally upload the ETF’s latest investments, so you see what’s inside the ETF.

ASX: LNAS’s dividend 2021

LNAS dividend yield

Last 12m yield: 0.56%

When does LNAS pay a dividend?

LNAS dividend reinvestment plan (DRP)

Warnings we apply to the LNAS ETF

LNAS tax domicile

LNAS ETF registry

International shares sector data

Sector average return (1Y)
0 %
Average FUM ($m)
$ 0
Average fee (MER)
0 %

How LNAS compares:

1Y return
0 %
FUM ($m)
$ 0
Fee (MER)
0 %
Sector information is recorded based on the last 12-month returns to July 2022. Refer to the Issuer’s website, speak to your financial adviser and always the fund’s Product Disclosure Statement (PDS) before choosing an ETF for its dividend yield, past returns or fees. Past performance can be a poor indicator of future performance. 

Latest ETF News

*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

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