Betashares Capital Ltd has released its Annual Financial Report for the period ending 30 June 2026, covering the performance of its three ETFs: Betashares Geared Australian Equities Complex ETF (GEAR), Betashares US Equities Strong Bear Currency Hedged Complex ETF (BBUS), and Betashares Geared US Equities Currency Hedged Complex ETF (GGUS).
Material actions and disclosures
The report outlines the valuation and existence of financial assets at fair value through profit or loss, a key audit matter due to the significant size of the funds’ portfolios. The valuation and existence of financial assets at fair value through profit or loss for Betashares Geared Australian Equities Complex ETF is $1,302,118,000 and for Betashares Geared US Equities Currency Hedged Complex ETF is $917,276,000.
The report also highlights the existence of cash and cash equivalents, another key audit matter due to the significant percentage of the funds’ total assets at year-end. For Betashares US Equities Strong Bear Currency Hedged Complex ETF, the cash and cash equivalents amount to $121,266,000, while for Betashares Geared US Equities Currency Hedged Complex ETF, it is $438,172,000.
The report includes the remuneration for audit and other assurance services provided by KPMG, with total fees paid or payable for the year being $7,706 for each of the funds.