Key Highlights

  • The fund holds 47 gold mining and royalty companies by full replication, with the top ten at 58.41%.
  • Basic Materials represents 99.67% of the portfolio, and Canada 54.77%.
  • The management fee is 0.57% and the fund reports a standard deviation of 52.12.
  • The July 2026 distribution of $1.127 is far above the $0.030 paid in January 2026.

Betashares Global Gold Miners Currency Hedged ETF (ASX:MNRS) seeks to achieve its investment objective by adopting a full replication strategy on the Nasdaq Global ex-Australia Gold Miners Hedged AUD Index. The fund was admitted to the ASX on 29 July 2016 and last traded at $14.54 on 13 October 2026. It reports a fund size of $254.68 million.

Detail

Information

Ticker

ASX:MNRS

Fund

Betashares Global Gold Miners Currency Hedged ETF

Category

Equity Global Resources

Benchmark

Nasdaq Glb ex-Aus Gold Miners Hdg NR AUD

Fund size

$254.68 million

Management fee

0.57%

Total holdings

47

ASX admission date

29 July 2016

Holdings

The ten largest positions represent 58.41% of the fund. Newmont leads at 8.40%, followed by Wheaton Precious Metals (8.19%), Agnico Eagle Mines (8.07%), Barrick Mining (7.67%) and AngloGold Ashanti (6.73%). Gold Fields holds 4.24%, Franco-Nevada 4.15%, Zijin Mining 4.08%, Kinross Gold 3.68% and Pan American Silver 3.15%.

Reported turnover is 20.70%.

Sector and country exposure

Basic Materials accounts for 99.67% of the fund, against 89.93% for the category, and Industrials for 0.33%. Canada accounts for 54.77%, above the 49.12% category figure, the United States 24.30% and South Africa 11.81%, against 4.16%.

China holds 5.36%, the United Kingdom 2.22% and Mexico 1.21%. Companies between $500 million and $1 billion in market capitalisation represent 6.20%.

Fee, risk and distributions

The management fee is 0.57% a year. The fund reports a beta of 2.41 and a standard deviation of 52.12. The final distribution of $1.127 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 16 July, equal to an annual yield of 7.94%.

That is far higher than the $0.030 paid in January 2026, $0.024 in January 2025, $0.080 in July 2024 and $0.028 in January 2024.

Category classification and liquidity

Morningstar places the fund in the Equity Global Resources category, which covers funds investing primarily in the equities of companies involved in the extraction or sale of resources, with at least 75% of assets in equities and at least 50% of equity assets in non-Australian resource companies.

Liquidity indicators add a further view. There are 17,468,093 units on issue, and average daily trading volume is 117,733 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 32,000 to 103,400 units, with 95,483 recorded on 13 October while the market was still open. The bid-offer range stood at $14.40 to $14.60, and the day range at $14.37 to $14.60. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Units on Issue Disclosure for September 2026 on 6 October and the Annual Report on 25 September. Disclosures for August and July followed on 4 September and 6 August, and Estimated Annual Distribution Component Information on 8 July.

Final Takeaway

MNRS provides hedged exposure to gold producers and royalty companies, with a standard deviation above 52. The 0.57% fee and a July distribution many times larger than other payments are part of its profile. These facts do not forecast outcomes.