BetaShares launch diversified ETFs on the ASX

BetaShares/exchange-traded-funds/ETFs/australian-securities-exchange/ASX/super-funds/superannuation-funds/self-managed-super-funds/SMSFs/Alex-Vynokur/

12 December 2019
| By Oksana Patron |
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BetaShares’ four diversified exchange traded funds (ETFs), which provide exposure to a blended portfolio which includes shares, property securities, bonds and cash, are now available on the Australian Securities exchange (ASX).

The four funds were:

  • BetaShares Diversified High Growth ETF (DHHF)
  • BetaShares Diversified Growth ETF (DGGF)
  • BetaShares Diversified Balanced ETF (DBBF)
  • BetaShares Diversified Conservative Income ETF (DZZF)

The firm said that the management fees of all four ETFs, which was 0.26% per annum, were the lowest amongst diversified ETFs currently available in Australia while investors were offered an access through DBBF to more than 15,000 securities across six asset classes, listed on over 60 exchanges.

According to BetaShares, the diversified ETFs being utilised by a wide range of investors, from those just beginning their investment journey, experienced investors and self-managed super funds (SMSFs), to financial advisers who want to streamline the process of managing client portfolios, and who could utilise the funds either on or off platform.

“These ETFs offer great flexibility and a broad range of potential uses. Investors just starting out may use them as a simple, whole-portfolio solution, while more experienced investors and SMSF investors might prefer to use them as the low-cost core of their portfolio, freeing them up to take advantage of other investment opportunities as well,” BetaShares’ chief executive, Alex Vynokur, said.

“They are also a solution for parents who want to set up a low-cost portfolio for children or grandchildren.”

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