Global shares
HGBL
Betashares Global Shares Currency Hedged ETF · Betashares
The same basket as Betashares' global shares fund — around 1,300 large and medium-sized developed-market companies outside Australia — but with the foreign-currency exposure hedged back to Australian dollars.
What the fee costs you
The management fee is 0.11% a year. Here’s what that works out to in dollars:
A 0.11% yearly fee works out to about $11 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
- Yes — Hedged back to Australian dollars, so day-to-day currency moves are largely removed — what you feel is mostly the underlying share markets.
Its character
The currency-hedged twin of BGBL: same global companies, led by the big US tech names, but built to strip out the effect of currency swings so your return tracks the markets themselves rather than the Australian dollar.
What to keep in mind
Spread across many countries and companies, but still concentrated in the United States and large technology firms. Hedging removes most currency swings, leaving the share-market ups and downs.
How this fund relates to others
The currency-hedged twin of BGBL, and therefore nearly identical to VGAD too — same global basket, hedged. Overlaps heavily with VGS/BGBL/IWLD/VESG.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.