BetaShares Strong U.S Dollar fund (Hedge Fund) Units
The BetaShares Strong U.S Dollar Fund (Hedge Fund) Units, trading under the ticker AU:YANK, is a specialized exchange-traded fund (ETF) designed for investors seeking exposure to currency derivatives. This fund is categorized under Pair and is strategically focused on capitalizing on the strength of the U.S. dollar relative to the Australian dollar. By leveraging derivatives, this ETF takes a long position on the USD while simultaneously adopting a short position on the AUD, making it an ideal choice for investors who anticipate a strengthening U.S. dollar or a weakening Australian dollar.
Positioned in the Derivative niche, the BetaShares Strong U.S Dollar Fund offers a sophisticated investment strategy that can serve as a tactical tool for portfolio diversification or as a hedge against currency fluctuations. Its unique approach allows investors to potentially benefit from macroeconomic trends and geopolitical shifts that influence currency markets. The fund's structure provides a convenient and liquid vehicle to access currency pairs without the complexities of direct forex trading, thereby appealing to both experienced investors and those new to currency speculation.
Asset Class
Currency
Region
North America
Issuer
BetaShares
Index Tracked
Australian Dollar per U.S. Dollar
Ticker Symbol
AU:YANK
BetaShares Strong U.S Dollar fund (Hedge Fund) Units (YANK) Fund Flow Chart
BetaShares Strong U.S Dollar fund (Hedge Fund) Units (YANK) 1 year Net Flows: 1M
YANK ETF FAQ
What was AU:YANK’s price range in the past 12 months?
AU:YANK lowest ETF price was 10.57 and its highest was 14.50 in the past 12 months.
What is the AUM of AU:YANK?
As of Jan 29, 2025 The AUM of AU:YANK is 9.03M.
Is AU:YANK overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does AU:YANK pay dividends?
AU:YANK does not currently pay dividends.
How many shares outstanding does AU:YANK have?
Currently, no data Available
Which hedge fund is a major shareholder of AU:YANK?
Currently, no hedge funds are holding shares in AU:YANK