@koolgal:$BetaShares NASDAQ 100 ETF - Currency Hedged(HNDQ.AU)$ Today Nasdaq rose 2.6% and HNDQ.AU is a low cost way to invest in Nasdaq. HNDQ.AU is the Australian Version of the popular $Nasdaq 100 ETF(QQQ)$ but a much cheaper version too. In just 1 ASX Trade, you gain access to 100 of the largest non-financial companies listed on the US Nasdaq market. These companies like Apple, Microsoft and Amazon are at the forefront of our new and exciting future economies and change the way we live. HNDQ.AU obtains its investment exposure by investing in $Betashares Nasdaq 100(NDQ.AU)$ with foreign currency exposure hedged back to the Australian dollar. HNDQ.AU therefore minimises the effect of currency fluctuations on returns. Management Costs are 0.51% per annum Dividends are paid half yearly. The current dividend yield is 5.21%. Top 10 holdings include Apple, Microsoft, Amazon, Tesla, Alphabet, Nvidia, Meta Platforms, Pepsico and Costco Wholesale. Sector Allocation Information Technology at 50%, Communications at 17%, Consumer Discretionary at 15%,Consumer Staples at 7%, Healthcare at 6%, Industrials at 3% and Utilities at 1.4%. $BetaShares NASDAQ 100 ETF - Currency Hedged(HNDQ.AU)$ is diversified and minimises your risk on single stocks. There is no W-8 Ben form to fill and no 30% withholding tax unlike $Nasdaq 100 ETF(QQQ)$ . In a Bear Market, HNDQ.AU is a defensive play and a great hedge against high inflation. @Daily_Discussion@TigerStars@MillionaireTiger@CaptainTiger@Tiger_AU@ASX_Stars Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments