The fund aims to track the performance of the S&A GSCI Agriculture Enhances Select Inxed Excess Return, with a currency hedge against movements in the AUD/USD exchange rate, plus an interest component, before fees and expenses.T
[More] The fund aims to track the performance of the S&A GSCI Agriculture Enhances Select Inxed Excess Return, with a currency hedge against movements in the AUD/USD exchange rate, plus an interest component, before fees and expenses.The ETF allows investors to gain exposure to the performance of a basked of agricultural commodities without the need to invest in the futures market or take physical delivery of commodities. In addition, as commodities globally are priced in US dollars, the ETF will hedge substantially all of its US dollar exposure back to the Australian dollar, in order to reduce currency risk for Australian Investors. This provides investors with a "purer" exposure to commodity prices, irrespective of the fluctuations of the currency markets. [Less]
