Business
Geared ETFs rip 100pc returns in pandemic recovery – The Australian Financial Review
Two funds operated by BetaShares would have taken out first and third place on the ranking of best performing ETFs if they had not been excluded for being too risky….
Those categories of funds have posted negative returns as global markets rallied, he said.
However, if two of its funds that performed the opposite function of the BEAR and BBOZ products had been included, they would have topped the charts, the fund manager said.
BetaShares Geared US Fund (ASX: GGUS) returned 147 per cent over the 12 months to March 31 and the Geared Australian Fund (ASX: GEAR) returned 93 per cent.
Had they been included, the two funds would have taken out first and third positions…
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