BBOZ

Fund Objective

BBOZ seeks to generate magnified returns that are negatively correlated to the returns of the Australian sharemarket. The Fund expects to generate a magnified positive return when the S&P/ASX 200 Accumulation Index falls (and a magnified negative return when the index rises).

Fund Strategies

A 1% fall in the Australian sharemarket on a given day can generally be expected to deliver a 2% to 2.75% increase in the value of the Fund (and vice versa).

NB: The Fund’s portfolio exposure is actively monitored and adjusted to stay within a -2x to -2.75x range on any given day. The Fund’s returns will not necessarily be in the range -2x to -2.75x over periods longer than a day, due to the effects of rebalancing and compounding of investment returns over time. Investors should monitor their investment to ensure it continues to meet their investment objectives.
The Fund uses futures to obtain its exposure rather than the underlying shares. As the futures market closes at a later time to the share market, at times the Fund’s performance for a given day may differ from that indicated by the share market.  

Gearing magnifies gains and losses and may not be a suitable strategy for all investors. 

Benefits of BBOZ

Hedge your portfolio

Protect your portfolio from market declines, without having to sell your shares and crystallise capital gains.

Profit from declining markets

BBOZ gives you the opportunity to make magnified gains when the Australian sharemarket falls.

Convenience

Investing in BBOZ avoids the costs and complications of futures, CFDs and short selling. Investors are not exposed to margin calls.

How to Invest

• You can buy or sell units just like you’d buy or sell any share on the ASX.
• Fund requires no minimum investment.