The BetaShares Bear Hedge Fund ETF (ASX:BEAR) is a special (“hedge fund”) style of ETF that is issued and maintained by BetaShares. BEAR uses futures contracts on the ASX 200 in an attempt to provide the opposite movement of the Australian share market (ASX 200 index). For example, if the ASX 200 goes up 1%, BEAR should go down around 1% (less fees and costs). This is a special and arguably riskier type of ETF, so you must read the BetaShares website and BEAR Product Disclosure Statement (PDS), then talk to your financial adviser before doing anything else.
With the S&P/ASX 200 (INDEXASX:XJO) down in 2020, Rask Australia’s Owen Raszkiewicz sat down for an ETF Investor update with BetaShares’ Ilan Israelstam. The duo talk portfolio management, the BEAR ETF and more.