LEVR
Actively managedGearedFirst Sentier Geared Australian Share Complex ETF
About this ETF
The Fund’s investment strategy is based on the belief that, over the medium-to-long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The Fund invests in large, high quality companies with strong balance sheets and earnings. The Fund utilises gearing to magnify returns from underlying investments. The Fund invests in Australian equities and does not hedge currency risk.
This is a geared (leveraged) fund. It borrows to amplify returns from its underlying exposure — gains and losses are both magnified compared to an unleveraged fund, and losses can compound quickly in falling or volatile markets. Not suitable for a typical long-term buy-and-hold portfolio without understanding this risk.