Key Highlights

  • Betashares Wealthbuilder Australia 200 Geared Complex ETF (ASX:G200) is listed in the Equity Australia Large Geared category with a fund size of $36.79 million and a management fee of 0.59%.
  • The largest sector weighting is Financial Services at 35.59%, with stock making up 152.40% of reported asset allocation.
  • The latest final distribution is $0.122 per unit, with a payment date of 16 Jul 2026.

Introduction: Fund Overview

Betashares Wealthbuilder Australia 200 Geared Complex ETF (ASX:G200) is an exchange traded fund listed on the ASX within the Equity Australia Large Geared category. It was admitted to the exchange on 23 April 2024, and no benchmark is listed for it. The fund’s investment objective is to provide geared exposure (30-40% LVR) to the returns of the Australian share market, and notes there is no assurance or guarantee that returns will meet that objective.

The management fee listed for the fund is 0.59%. The fund’s head office is listed in Sydney. The sections below walk through the latest trading snapshot, portfolio composition, distribution information, risk measures and recent announcements for the fund.

Latest Trading Snapshot

The last price was $31.03, lower by $0.20 or 0.67% on the session, against a previous close of $31.24. Trading volume stood at 1,693 units, with a bid and offer range of $31.02 to $31.06. The day range was $30.96 - $31.24. Average volume is shown as 2,865 units. On size, the fund size is $36.79 million and units outstanding total 1,177,729. Prices are delayed by at least 20 minutes.

Portfolio Composition and Allocation

Asset allocation data lists stock at 152.40% and cash at -52.40%. Figures below zero or above 100% point to borrowing or derivative positions within the structure, which is reflected in how Morningstar reports the allocation. Morningstar sector data shows the largest weightings in Financial Services (35.59%), Basic Materials (24.47%) and Consumer Cyclical (7.37%). Compared with the category average, the largest overweight among the sectors listed is Energy, at 4.66% against 1.55%. The largest underweight is Basic Materials, at 24.47% against 27.36% for the category.

By geography, Australia accounts for 96.21% and United States accounts for 2.46%. The fund has 2 total holdings. The holdings listed include Betashares Australia 200 ETF (ASX:A200) (152.40%).

Distribution Information

The most recent distribution listed is a final distribution of $0.122 per unit, with an ex-date of 01 Jul 2026, a record date of 02 Jul 2026 and a payment date of 16 Jul 2026. The annual yield is shown as 1.71%. The distribution chart lists July 2026 ($0.122), January 2026 ($0.414), July 2025 ($0.186), January 2025 ($0.432) and July 2024 ($0.157). The latest payment is lower than the one before it, a reminder that amounts vary between periods.

Risk Measures and Recent Announcements

The fund has a beta of 1.53, a beta above 1, indicating higher sensitivity to market moves than the broader market on that measure, alongside a standard deviation of 15.95. Recent announcements include Units on Issue Disclosure - September 2026 (06/10/2026), Annual Report (25/09/2026) and Units on Issue Disclosure - August 2026 (04/09/2026).

Category and Market Context

Funds in the Equity Australia Large Geared category use borrowing to hold more exposure than the capital invested, which Morningstar notes increases the element of risk. Gearing magnifies both gains and losses on the underlying portfolio, and the cost of borrowing is part of how these products operate.

Key Risks and Considerations

Because the fund is geared, both gains and losses on the underlying portfolio are magnified, and borrowing costs form part of the structure. Distributions, fees and unit price movements may therefore behave differently from an ungeared fund holding similar shares, and the listed management fee of 0.59% is only one part of the cost picture.

What to Watch Ahead

Items that readers following Betashares Wealthbuilder Australia 200 Geared Complex ETF (ASX:G200) may track include the next monthly units-on-issue disclosure, distribution announcements and any portfolio or investment updates from the manager. Changes in the sector and asset mix, trading volumes and the fund’s size over time will also show how the portfolio is evolving. This article is informational and does not constitute investment advice.

The Bottom Line

Betashares Wealthbuilder Australia 200 Geared Complex ETF (ASX:G200) is a Equity Australia Large Geared fund admitted to the ASX on 23 April 2024, with the latest ASX data showing a last price of $31.03 and a move of -0.67% on the session, a portfolio led by financial services at 35.59%, and a latest final distribution of $0.122 per unit. Reading these figures alongside the fund’s category, fee, structure and risk measures gives a fuller picture of how the ETF is built and how it has been trading.