Betashares Capital Ltd (ASX:GGA) has disclosed notional derivatives exposure information for the Betashares Geared Long Australian Government Bond Complex ETF (ASX: GGAB), reporting a notional derivatives exposure of $16,764,485 against a fund net asset value of $6,151,326 as at the close of trading on 30 October 2026.

Key Points

  • Fund net asset value stood at $6,151,326 as at 30 October 2026
  • Notional derivatives exposure was $16,764,485, representing 272.53% of the fund's net asset value
  • The fund's geared long exposure is anticipated to generally vary between 250% and 300% of net asset value on a given day
  • The fund seeks geared long exposure to returns of Australian Treasury Bonds with a term to maturity of approximately 10 years

October 2026 Notional Derivatives Exposure Figures

According to the filing, the Betashares Geared Long Australian Government Bond Complex ETF recorded a fund net asset value of $6,151,326 as at the close of trading on 30 October 2026. The notional derivatives exposure for the same date was $16,764,485, equating to 272.53% of the fund's net asset value. The filing states this information was disclosed by Betashares Capital Ltd, the issuer of the fund, and was provided as at the close of trading on 30 October 2026.

Fund Investment Objective and Strategy

The filing states that the investment objective of the fund is to provide unitholders with geared long exposure to the returns of Australian Treasury Bonds with a term to maturity of approximately 10 years. The fund aims to achieve this objective by investing its assets into cash and cash equivalents and buying ASX 10 Year Australian Treasury Bond Futures contracts. It is anticipated that the fund's geared long exposure to the relevant notional 10 Year Australian Treasury Bond will generally vary between 250% and 300% of its net asset value on a given day.

Rebalancing Provisions and Disclosed Risk Factors

The filing states that where the fund's exposure exceeds the anticipated range of 250% to 300% of net asset value, the exposure will be rebalanced at the earliest available opportunity in accordance with the PDS. The filing also discloses that risks associated with an investment in the fund include market risk, gearing risk, rebalancing and compounding risk, and futures risk. The filing further states that gearing magnifies gains and losses and that investors should actively monitor their investment as frequently as daily to ensure it continues to meet their investment objectives.