Betashares GGBL (ASX:GGBL) Uses Gearing to Expand Developed Market Share Exposure

Sonal Goyal

06 November 2026 11:49 PM AEDT

Betashares GGBL (ASX:GGBL) Uses Gearing to Expand Developed Market Share Exposure

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Highlights

Betashares Wealth Builder Global Shares Geared Complex ETF (ASX:GGBL) has management fees and costs of 0.59% per annum.
Last quoted price on 6 November 2026 was AUD 26.88.
The reported holdings count is 2 reported positions; the leading positions account for 149.68%.

Betashares Wealth Builder Global Shares Geared Complex ETF (ASX:GGBL) provides geared developed market Equity exposure. Its last quoted price on 6 November 2026 was AUD 26.88. The Quotation was delayed by at least 20 minutes.

Mandate and portfolio construction

The fund seeks geared exposure to large developed market companies outside Australia through a strategy identified as 30–40% Loan to value ratio. Its dominant disclosed Investment is the Betashares Global Shares ETF. Holding another fund means the operating company Diversification sits within that underlying portfolio rather than the small direct position count.

Fund measure	Value
Reference benchmark	No benchmark specified
Investment classification	Equity World Other
Management fees and costs	0.59% per annum
Last quoted price	AUD 26.88
Day trading range	AUD 26.41–27.81
Bid and offer	AUD 26.80–28.20
Trading volume	16,847
ISIN	AU0000420358
Reported fund size	AUD 99.43 million
Units outstanding	3,575,314

Exposure and concentration

The BGBL position is reported at 149.67% of net assets, while the allocation pairs share exposure of 149.57% with negative cash of 49.64%. These figures reflect gearing rather than an ordinary fully funded share allocation. Borrowing increases sensitivity to market declines as well as advances, and financing costs affect outcomes. The reported exposure is not a fixed multiplier promised for every period.

Sector	Weight %
Technology	31.39
Financial Services	15.95
Industrials	10.61
Healthcare	9.25
Consumer Cyclical	8.73
Communication Services	8.39
Consumer Defensive	4.94
Energy	4.07
Basic Materials	2.80
Utilities	2.32

Geographic exposure	Weight %
United States	72.37
Japan	6.78
Canada	3.56
United Kingdom	3.40
Switzerland	2.43
Germany	2.15
France	2.00
Netherlands	1.35
Sweden	0.95
Spain	0.91

Company market capitalisation	Allocation %
Above AUD1 billion	99.80
AUD500 million to AUD1 billion	0.19
Below AUD500 million	0.01

Asset type	Allocation %
Cash	-49.64
Shares	149.57
Bonds	0.00
Other	0.07

Largest disclosed positions

Code or instrument	Holding	Weight or exposure %
BGBL	Betashares Global Shares ETF	149.67

Costs and distribution details

Management fees and costs for GGBL (ASX:GGBL) are 0.59% per annum. Brokerage and the bid and offer spread can also affect transaction costs.

The latest listed final distribution was AUD 0.087 per unit. The ex-distribution date was 1 July 2026, the Record Date 2 July 2026 and the payment date 16 July 2026. The payment dates have passed. Future distributions can vary.

The displayed annual distribution Yield is 0.67%. This does not forecast future income and may reflect different distribution components.

The profile lists Beta of 1.57 and Standard Deviation of 14.03. The calculation basis is unspecified; neither figure predicts future price movements.

Key Insights

GGBL (ASX:GGBL) is defined by its mandate, underlying exposure and concentration. Its geared structure makes borrowing costs and gross exposure central to understanding changes in net asset value. Fees and variable distributions also affect the experience of holding units.

FAQs

Q: What annual management cost is listed?

A:0.59% per annum.

Q: How many holdings are reported?

A:2 reported positions. The count may include instruments or underlying holdings.

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