High Interest Cash and Gold Bullion ETFs rated ‘Recommended’ by Zenith | BetaShares

Latest News

High Interest Cash and Gold Bullion ETFs rated ‘Recommended’ by Zenith

BetaShares Australian High Interest Cash ETF (ASX: AAA) and BetaShares Gold Bullion ETF – Currency Hedged (ASX: QAU) have been rated ‘Recommended’ by Zenith.

The Recommended rating is an assessment of the effectiveness of the ETF as a way to access the relevant exposure and a high confidence in meeting investment objectives.

In its research notes, Zenith noted the BetaShares team is well credentialed and noticeably larger in terms of its domestic base than the majority of ETF providers currently operating in Australia. The rating also highlighted the senior management resources on the distribution side of the business as a positive.

Zenith also commended BetaShares for its product suite which it said focuses on delivering innovative products which cater for unserviced investment strategies.

The Zenith ratings follows the favourable ratings from Lonsec which awarded four recommended and three investment grade ratings earlier this month across currency, commodity and equity sector asset classes. Other BetaShares ETFs are currently being rated by Zenith.