YANK PDS
The Product Disclosure Statement (PDS) explains the fees, tax status and some of the risks.
BetaShares Strong US Dollar Fund (Hedge Fund) ETF (ASX:YANK)
The BetaShares YANK Fund provides investors with geared exposure to the change in value of the US dollar, relative to the Australian dollar.
YANK ETF review
YANK share price and fees
YANK fees
ASX ticker code: YANK
Yearly fee (MER): 1.38%
FUM: $8.23 million
Monthly spread: 0.35%
Data Last Updated: July 2022
Analyst report
This ETF does not (yet) have an analyst report or rating available. If you would like to request our analyst team cover this ETF, please get in contact with us.
Fee comparison
YANK yearly fee (MER)
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Sector average fee (MER)
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What does the YANK ASX ETF invest in?
YANK invests in cash and cash equivalents and sells Australian dollar/US dollar futures contracts. The idea is that selling these futures typically generates a positive return when the US dollar strengthens relative to the Australian dollar, and vice versa (a negative return when the US dollar weakens relative to the Australian dollar). So, an investor would expect to profit from the YANK ETF when the AUD/USD exchange rate goes down.
What do investors use the YANK ETF for?
The BetaShares YANK Fund could be used by investors to gain magnified exposure to a weakening Australian dollar against that of the US. Gearing magnifies gains and losses and typically involves higher levels of volatility, so it may not be a suitable strategy for all investors.
How to buy the YANK ETF
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YANK investor starter pack
YANK literature
We’ve asked the ETF provider to share their best whitepapers & research with you.
YANK holdings
The Best ETFs team occasionally upload the ETF’s latest investments, so you see what’s inside the ETF.
ASX: YANK’s dividend 2021
When does YANK pay a dividend?
YANK dividend reinvestment plan (DRP)
Warnings we apply to the YANK ETF
YANK tax domicile
YANK ETF registry
Fund issuer
US dollar sector data
Sector average return (1Y)
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Average FUM ($m)
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Average fee (MER)
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How YANK compares:
1Y return
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FUM ($m)
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Fee (MER)
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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
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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