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SGLLV

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1d
1w
1m

Analysis and statistics

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About

SGLLV.AU is the ticker symbol for BetaShares Global Leveraged Value ETF. It's an exchange-traded fund (ETF) listed on the Australian Securities Exchange (ASX). The ETF aims to provide investors with geared exposure to a portfolio of global shares that are considered to be undervalued, seeking to enhance returns through the use of leverage.
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Factors

Gold Price: SGLLV.AU represents physical gold; therefore, its price closely tracks spot gold prices. Fluctuations in global gold markets directly influence SGLLV.AU's value.

Australian Dollar: As SGLLV.AU is AUD-denominated, changes in the AUD/USD exchange rate impact its price. A weaker AUD typically increases the AUD value of gold, and vice-versa.

Management Fees: The expense ratio charged by the fund manager reduces the overall return. Higher fees can lead to a slightly lower price compared to the underlying gold value.

Supply and Demand: Investor demand for SGLLV.AU shares affects its price, similar to any stock. Increased buying pressure can lead to premiums over the Net Asset Value (NAV).

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