MM thoughts on BetaShares Geared Australian Equity Fund (GEAR)?
Hi James, Does the MM Team have any interest with investing in this ETF? Cheers Craig
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Answer
Hi Craig,
GEAR provides exposure to the largest 200 equity securities on the ASX by market capitalisation (as measured by the S&P/ASX 200 Index) this is similar to the BetaShares Australian ASX 200 ETF (A200) that we often tag. Of course, the key difference with the GEAR ETF is that it is leveraged meaning it borrows 50-65% so will magnify gains/loss, while leverage looks tempting we would prefer to stick to the A200, however note that whether or not to leverage investments, comes down to the individuals circumstances.
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BetaShares Geared Australian Equity Fund (GEAR)
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BetaShares Geared Australian Equity Fund (GEAR)
