Global shares
BGBL
Betashares Global Shares ETF · Betashares
Around 1,300 large and medium-sized companies from developed countries around the world — everywhere except Australia — held together in one parcel.
What the fee costs you
The management fee is 0.08% a year. Here’s what that works out to in dollars:
A 0.08% yearly fee works out to about $8.00 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- Global shares
- Number of holdings
- ~1,300
- Where it invests
- Developed markets, heavily weighted to the United States, with Japan, the UK and Europe making up much of the rest.
- Income paid
- Annually
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the markets themselves.
Its character
A low-cost way to own global developed-market shares in one trade. Like the world index it follows, it's led by the giant US names — Nvidia, Apple, Microsoft, Amazon and Alphabet sit at the top.
What to keep in mind
Spread across many countries and companies, which softens single-market risk — but it still leans heavily on the United States and a handful of large technology firms, and carries currency movements for an Australian holder.
How this fund relates to others
Tracks essentially the same developed-world-ex-Australia companies as VGS and VGAD (just a different index provider), so they overlap almost completely. HGBL is its hedged twin. Like the others it's heavily US, overlapping with IVV and the US funds.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.