BetaShares - US Equities Strong Bear Currency Hedged Complex ETF (BBUS.AX)

The BetaShares - US Equities Strong Bear Currency Hedged Complex ETF (BBUS) aims to deliver amplified returns that move in the opposite direction to the U.S. stock market's performance. Specifically, the Fund is designed to achieve an amplified positive return on days when the S&P 500 Total Return Index declines, and a similarly amplified negative return when the index increases. Typically, a 1% drop in the U.S. equity market over a single day should lead to an increase in the Fund's value ranging from 2% to 2.75%. Conversely, a rise in the U.S. market would result in a proportional decrease in the Fund's value. Its portfolio is actively managed and rebalanced daily to maintain a target inverse exposure between -2x…