Key Highlights

  • MNRS (ASX:MNRS) holds 56 gold miners listed outside Australia, with the currency hedged to AUD.
  • Newmont (8.30%), Barrick (8.23%) and Agnico Eagle (8.19%) are the largest holdings.
  • Canada makes up 55.38% of country exposure, with the United States at 24.19%.
  • Fund size is $233.55m, with fees of 0.57% and an annual yield of 8.66%.

Betashares Global Gold Miners Currency Hedged ETF (ASX:MNRS) traded at $13.02 during the trading session on 30 October 2026, down 2.61%, with 31,562 units changing hands. MNRS holds gold mining companies from around the world, excluding Australia, and hedges the currency into Australian dollars. The fund was admitted to the ASX on 29 July 2016 and is benchmarked to the Nasdaq Global ex-Australia Gold Miners Hedged NR AUD index.

Fund Details

Fund size is $233.55m, with 17,468,093 units on issue. The ISIN is AU00000MNRS2 and management fees and costs are 0.57% a year. The fund is in the Equity Global Resources category and is run on a full replication strategy.

The day's range was $12.99 to $13.18, against a previous close of $13.37. Average daily volume is about 104,478 units.

Company and Country Exposure

The fund holds 56 companies. Newmont is 8.30%, Barrick 8.23%, Agnico Eagle 8.19%, Wheaton Precious Metals 8.04%, AngloGold Ashanti 6.27%, Franco-Nevada 4.10%, Zijin Mining 3.99%, Gold Fields 3.59%, Kinross 3.57% and Pan American Silver 3.02%. The top ten total 57.34%.

By country, Canada accounts for 55.38%, the United States 24.19%, South Africa 11.08%, China 5.50% and the United Kingdom 2.12%. Companies valued above $1bn make up 92.96% of holdings.

Income Profile

The annual yield is 8.66%. The most recent final distribution was $1.127, with an ex-date of 1 July 2026, a record date of 2 July 2026 and a payment date of 16 July 2026. Gold miners pay dividends out of their operating cash flow, so payouts follow company earnings.

How the Portfolio Is Built

The fund holds its constituents broadly in line with their index weights, and turnover of about 20.70% reflects periodic rebalancing. The currency hedge converts non-Australian dollar exposure into Australian dollars, so the unit price reflects the miners' share prices more directly.

Key Takeaways

MNRS offers ex-Australia gold miner exposure with the currency managed through a hedge.

The largest holdings are spread across several large producers, which reduces single-company concentration.

The annual yield of 8.66% reflects miner dividends paid over the most recent period.

The 0.57% fee should be weighed against the hedged, company-driven structure.