Key Highlights

  • The fund holds 100% of its assets in one underlying fund, the Betashares Global Shares ETF (BGBL).
  • The management fee is 0.11%, and the United States represents 72.24% of the portfolio.
  • Technology (30.20%) and Healthcare (9.20%) sit slightly below category weightings.
  • The July 2026 distribution of $0.687 is lower than the $1.036 paid in July 2025.

Betashares Global Shares Currency Hedged ETF (ASX:HGBL) intends to gain its exposure to the securities in its index indirectly, investing substantially all of its assets in units of the Betashares Global Shares ETF, a fund listed on the ASX and operated by the same manager. The fund was admitted to the ASX on 18 May 2023 and last traded at $87.59 on 13 October 2026.

Detail

Information

Ticker

ASX:HGBL

Fund

Betashares Global Shares Currency Hedged ETF

Category

Equity World - Currency Hedged

Benchmark

Solactive GBS Dev M exAus L&MC H TR AUD

Management fee

0.11%

Underlying fund

Betashares Global Shares ETF (BGBL), 100.00%

ASX admission date

18 May 2023

Underlying fund structure

The portfolio lists a single holding, the Betashares Global Shares ETF, at 100.00%. Cash is 0.03% and stocks 99.94%, with bonds at -0.01% and other assets at 0.04%. Companies above $1 billion in market capitalisation represent 99.86% of the look-through exposure.

The category is designed for funds that are predominantly hedged against foreign exchange risk as a neutral position.

Country and sector exposure

The United States accounts for 72.24% of the portfolio, followed by Japan at 6.75%, Canada at 3.52% and the United Kingdom at 3.52%. Switzerland holds 2.49%, Germany 2.12%, France 2.07% and the Netherlands 1.38%.

Technology holds 30.20% against 30.81% for the category. Financial Services is 16.21%, Industrials 10.91%, Healthcare 9.20%, Consumer Cyclical 9.09% and Communication Services 8.63%.

Fee, risk and distributions

The management fee is 0.11% a year. The fund reports a beta of 1.00 and a standard deviation of 11.87. The final distribution of $0.687 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 1.18%.

That amount is higher than the $0.355 paid in January 2026 but lower than the $1.036 paid in July 2025 and the $0.991 paid in July 2024.

Category classification and liquidity

Morningstar places the fund in the Equity World - Currency Hedged category, which covers funds investing primarily in companies listed on global equity markets, with the funds predominantly hedged against foreign exchange risk as a neutral position and, in some cases, a bias towards a particular style or size.

Liquidity indicators add a further view. Fund size and units on issue are not reported for this product, and average daily trading volume is 80,233 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 37,100 to 53,600 units, with 53,612 recorded on 13 October while the market was still open. The bid-offer range stood at $87.45 to $90.04, and the day range at $87.40 to $87.74. 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 was published on 8 July.

Closing Perspective

HGBL gives hedged access to the same developed-market portfolio as BGBL through a single underlying holding. The 0.11% fee is above the 0.08% charged on the unhedged fund, and the July distribution was lower than the prior-year amount. These points describe the structure and are not a forecast.