SNAS's portfolio managers have extensive track records in actively managing derivatives to implement their investment strategy.
SNAS is currency hedged, meaning that exposure to currency movements between the U.S. dollar and the Australian dollar is reduced, though not necessarily eliminated.
SNAS writes futures contracts on the Nasdaq-100 Index, saving investors the time and potential expense of doing so individually.
|Inception Date||10 Jul 2020|
|Management Costs (% p.a.)||1.00|
|Legal Form||Managed Investment Scheme|
The Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an actively managed fund that aims to provide investors with geared returns that are negatively related to the returns of the Nasdaq-100 Index by investing primarily in a portfolio of short E-mini Nasdaq-100 Futures contracts listed on the Chicago Mercantile Exchange.
The Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) seeks to provide investors with negatively geared exposure to the Nasdaq-100 Index.
|Bloomberg Code||SNAS AU Equity|
|Trading Hours||10:00AM – 4:00PM|
|Issuer||Global X Management (AUS) Limited|
|Custodian||The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch|
|Registrar||Computershare Investor Services Pty Limited|
|Exposure Range||-200% to -275%|
|Current Portfolio Exposure||-238.44%|
|Total Return (Fund)||Total Return (Benchmark)|
|3 Year p.a.||-30.02%||13.41%|
|5 Year p.a.||--||--|
|10 Year p.a.||--||--|
|Since Inception p.a.||-35.72%||14.66%|
Investments may go up or down in value and you may lose some or all of the amount invested. Past performance is not necessarily a guide to future performance. Any advice provided by Global X Management (AUS) Limited (“Global X”) is general advice and does not take into account your personal objectives, financial situation or needs. You should consult an independent investment adviser prior to making an investment in order to determine its suitability to your circumstances. This material may contain links to third party websites. Global X does not control and is not responsible for the information contained within third party websites. None of these links imply Global X’s support, endorsement or recommendation of any other company, product or service.
Global X Management (AUS) Limited ACN 150 433 828 AFSL No 466778