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Global X Ultra Short Nasdaq 100 Hedge Fund (ASX: SNAS) - Share Price and Research

Current share price for SNAS : $1.660 0.025 (1.48%)

Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS, formerly ETFS Ultra Short Nasdaq 100 Hedge Fund) is an exchange traded managed fund that aims to provide investors with geared returns that are negatively related to the returns of the Nasdaq-100 Index by investing primarily in a portfolio of short E-mini Nasdaq-100 Futures contracts listed on the Chicago Mercantile Exchange.

General Information

Global X Ultra Short Nasdaq 100 Hedge Fund
ANZ ETFS Management (AUS) Ltd
Miscellaneous
RBA Bank accepted Bills 90 Days
Not Rated
Investment Fund
10 Jul 2020
$70.8 million (as at 13 May 2024)
$2.46 (as at 30 Aug 2023)
$2.43 (as at 30 Aug 2023)

Fund performance (30 Apr 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 11.73 -2.76 -35.01 -46.62 -36.88 -27.26 - -
Growth return 11.73 -2.76 - -46.62 -36.88 -27.26 - -
Income return 0 0 - 0 0 0 - -

Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35 1.06 - 4.26 3.5 2.35 1.6 1.84

Asset Allocation (30 Apr 2024)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

The investment objective of the Fund is to provide investors with geared returns (before fees and expenses), that are inversely related with the performance of the Nasdaq 100 Index.
The Fund will attempt to meet its investment objective primarily by investing its assets in a portfolio of short futures contracts to achieve geared inverse exposure to the Index within the Target Range. The Fund may also hold securities, cash and cash equivalents from time to time.

Offer information

Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 9 May 2024)

Holding Type % of Portfolio
Cash Offsets For Shorts & Derivatives Cash - Future Offset 274.11%
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Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Data shown on this website is sourced by Morningstar
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