Global shares
MNRS
Betashares Global Gold Miners Currency Hedged ETF · Betashares
A basket of the largest global gold-mining companies, outside Australia — the businesses that dig gold out of the ground, not the metal itself.
What the fee costs you
The management fee is 0.57% a year. Here’s what that works out to in dollars:
A 0.57% yearly fee works out to about $57 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
- ~40
- Where it invests
- Global, concentrated in Canada, the United States, South Africa and Brazil where the big gold miners are based.
- Income paid
- Half-yearly
- Currency hedged
- Yes — It's currency-hedged back to Australian dollars, so day-to-day moves in the Australian dollar against foreign currencies are largely smoothed out, leaving mainly the markets themselves.
Its character
A narrow, single-sector fund built around gold-mining companies rather than the whole market. Because these companies live and die by the gold price, the fund tends to move with it — often more sharply than gold itself.
What to keep in mind
Concentrated in one sector and tightly tied to the price of gold, so it can swing harder than a broad global fund — a narrow focus is a narrower spread of risk, and a single commodity drives much of the ride.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.