ETF provider BetaShares has released Australia’s first currency-hedged European and Japanese equity ETFs on the ASX.
According to a statement, the Europe ETF - Currency Hedged (HEUR) and the Japan ETF - Currency Hedged (HJPN) provide access to strategies used by existing products from US ETF manager WisdomTree.
The ETFs are the first products that BetaShares has launched in collaboration with WisdomTree, the statement said.
BetaShares managing director Alex Vynokur said he was pleased to be expanding the firm's existing relationship with WisdomTree.
“These products allow us to address this need and provide investors with exposure to European and Japanese companies, while at the same time sheltering their returns from currency volatility,” he said.
Read more:
Budget too optimistic about productivity: KPMG
Big four could become big three: Tyro Payments
Calastone network moves into New Zealand
Saxo Capital Markets names new CEO
OneVue appoints new head of sales
The major bank has announced additional charges of $525 million after tax in connection with increased provisions for its customer-related r...
The Commonwealth Bank has advised that it will begin a reimbursement process to current and former staff for lost wages from next week. ...
The major banks have seen their reputations significantly downgraded in an annual perception survey, with AMP placing last out of 60 Austral...
