YANK aims to provide geared exposure to changes in the value of the U.S. dollar against the Australian dollar.
YANK generally expects to generate a positive return of between 2% and 2.75% for a 1% rise in the value of the U.S. dollar against the Australian dollar on a given day (and vice versa).
Returns over longer periods will not necessarily be equivalent to the expected return on a given day. Gearing magnifies gains and losses and may not be a suitable strategy for all investors.
Benefits of YANK
Geared exposure to a rising USD
Potential to make magnified gains if the USD appreciates against the AUD (and vice versa).
Simple to access, convenience
YANK is traded in Australian dollars on the ASX, avoiding the inconvenience and complexity of trading CFDs, or dealing in FX markets. No margin calls.
Currency exposure can diversify your portfolio, as currencies historically have shown low correlation to shares and most other major asset classes.
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.