Global Gold Miners ETF – Currency Hedged
- International shares
Invest in a portfolio of the world's leading gold mining companies
Overview
Fund objective
MNRS aims to track the performance of an index (before fees and expenses) that comprises the largest global gold mining companies (ex-Australia), hedged into Australian dollars.
Benefits of MNRS
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Diversification
MNRS offers diversification and defensive benefits, as gold miners’ fortunes are closely tied to the price of gold, which has traditionally tended to perform well during times of market volatility and uncertainty.
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Spread gold sector risk
Investing in global gold miners enables you to simply and cost-effectively spread your risk beyond the relatively small Australian gold mining sector.
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Cost-effective
Passive, index-tracking approach means no ‘active manager’ fees, making MNRS a cost-effective investment for those seeking exposure to the global gold mining sector.
There are risks associated with an investment in MNRS, including market risk, sector risk, international investment risk, mining sector risk and concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like you’d buy or sell any share on the ASX.
- Funds require no minimum investment.
Key facts
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
* Data is delayed by at least 20 minutes.
| NAV | |
|---|---|
| NAV/Unit* | $5.38 |
* As at 29 November 2023
Profile
| Net assets* ($A) | $64,174,819 |
|---|---|
| Units outstanding* (#) | 11,932,171 |
| Management fee and cost** (p.a.) | 0.57% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | Link Market Services |
* As at 29 November 2023
* As of close of previous trading day**Certain additional costs apply. Please refer to PDS.
Trading information
| ASX code | MNRS |
|---|---|
| Bloomberg code | MNRS AU |
| IRESS code | MNRS.AXW |
| iNAV IRESS code | N/A |
| Market makers | Susquehanna Pacific |
Index information
| Index | Nasdaq Global ex-Australia Gold Miners Hedged AUD Index |
|---|---|
| Index provider | Nasdaq |
| Index ticker | N/A |
| Bloomberg index ticker | NQXAUHGN Index |
Holdings & allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| WHEATON PRECIOUS METALS CORP | 8.8% |
| AGNICO EAGLE MINES LTD | 8.7% |
| BARRICK GOLD CORP | 8.5% |
| NEWMONT CORP | 8.0% |
| FRANCO-NEVADA CORP | 6.1% |
| GOLD FIELDS LTD | 4.7% |
| KINROSS GOLD CORP | 4.3% |
| ZIJIN MINING GROUP CO LTD | 3.9% |
| ROYAL GOLD INC | 3.9% |
| ANGLOGOLD ASHANTI PLC | 3.7% |
* As at 1 December 2023. Excludes cash
Sector allocation
| Gold | 82.1% |
|---|---|
| Precious Metals & Minerals | 7.9% |
| Silver | 7.3% |
| Diversified Metals & Mining | 2.7% |
* As of 31 October 2023
Country allocation
| Canada | 46.9% |
|---|---|
| United States | 13.5% |
| South Africa | 11.5% |
| Brazil | 8.2% |
| China | 6.0% |
| Britain | 3.8% |
| Burkina Faso | 3.1% |
| South Korea | 2.6% |
| Turkey | 1.2% |
| Other | 3.2% |
* As of 31 October 2023
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 3.76% | 3.82% |
| 3 months | -8.92% | -8.91% |
| 6 months | -17.62% | -17.53% |
| 1 year | 5.87% | 6.38% |
| 3 year p.a. | -8.53% | -8.12% |
| 5 year p.a. | 11.76% | 12.42% |
| 10 year p.a. | - | 4.62% |
| Since inception | 0.47% | 1.08% |
| Inception date | 27-Jul-16 | - |
* As at 31 October 2023.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| Distribution frequency | Semi-annual |
|---|---|
| 12 mth distribution yield* | 1.1% |
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | - | 1.05% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | $0.052698 | 0.94% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | - | 0.79% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | $0.057623 | 3.23% |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.175939 | 2.55% |
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.017233 | 3.66% |
| 1-Jul-20 | 2-Jul-20 | 16-Jul-20 | $0.155488 | 3.67% |
| 2-Jan-18 | 3-Jan-18 | 17-Jan-18 | - | 0.44% |
| 3-Jul-17 | 4-Jul-17 | 18-Jul-17 | $0.016591 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.