Betashares Capital Ltd (ASX:GGF) has disclosed notional derivatives exposure information for the Betashares Geared Long US Treasury Bond Currency Hedged Complex ETF (ASX: GGFD) as at the close of trading on 30 October 2026, revealing notional derivatives exposure of $9,068,463 against a fund net asset value of $3,533,808.

Key Points

  • Fund net asset value stood at $3,533,808 as at 30 October 2026
  • Notional derivatives exposure totalled $9,068,463, representing 256.62% of the fund's net asset value
  • The fund targets geared long exposure to US Treasury Bonds with a term to maturity of approximately 10 years, hedged to Australian dollars
  • The fund's geared long exposure is anticipated to generally vary between 250% and 300% of net asset value on any given day

Fund Structure and Investment Objective

The Betashares Geared Long US Treasury Bond Currency Hedged Complex ETF aims to provide unitholders with geared long exposure to the returns of US Treasury Bonds with a term to maturity of approximately 10 years, hedged to Australian dollars. According to the filing, the fund pursues this objective by investing its assets into cash and cash equivalents and buying CME Ultra 10-Year US Treasury Note Futures contracts. The fund is issued by Betashares Capital Ltd, which holds an Australian Financial Services Licence numbered 341181.

October 2026 Notional Derivatives Exposure Figures

As at the close of trading on 30 October 2026, the fund's notional derivatives exposure was recorded at $9,068,463, compared to a fund net asset value of $3,533,808. This represented a notional derivatives exposure of 256.62% as a percentage of the fund's net asset value. The filing states that where the fund's geared long 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 fund's Product Disclosure Statement.

Risk Disclosures Associated With the Fund

The filing identifies several risks associated with an investment in the fund, including market risk, gearing risk, rebalancing and compounding risk, and futures risk. The filing states that gearing magnifies gains and losses and may not be a suitable strategy for all investors. It further discloses that an investment in the fund is described as very high risk in nature and should only be made by informed investors who fully understand the risks of gearing. The filing also states that investors should actively monitor their investment as frequently as daily to ensure it continues to meet their investment objectives.