InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS)
  6. Fund details

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

Current share price for SNAS : $22.050 0.83 (3.63%)+

Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. 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 Nasdaq100ComplexETF
ANZ ETFS Management (AUS) Ltd
Miscellaneous
RBA Bank accepted Bills 90 Days
star
Not Rated
Investment Fund
10 Jul 2020
$40.98 million (as at 10 Dec 2024)
$2.46 (as at 30 Aug 2023)
$2.43 (as at 30 Aug 2023)

SNAS ETF performance (30 Nov 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 -11.56 -14.69 -25.52 -46.21 -48.2 -27.59 - -
Growth return -11.56 -14.69 -25.52 -46.21 -48.2 -27.59 - -
Income return (Yield) 0 0 0 0 0 0 - -

Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36 1.08 2.19 4.39 4.13 3.21 1.98 1.93

Asset Allocation (30 Nov 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

MER 1% (as at 16 Dec 2023)
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 5 Dec 2024)

Holding Type % of Portfolio
Cash Offsets For Shorts & Derivatives Cash - Future Offset 314.02%
Login now to view the complete list of holdings.

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.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.