Global Shares Fund (ASX:BGBL) Tests the Offshore Tilt
Highlights Developed market equity exposure remains heavily weighted towards a small group of very large companies. Currency treatment can dominate returns for Australian participants over shorter periods. Some domestic capital has rotated back towards local exposure this year despite offshore strength. Betashares Global Shares ETF (ASX:BGBL), which provides Australian access to a broad basket of developed market companies outside Australia, sits at the centre of an unusual flow dynamic this ...