VanEck Geared Australian Equal Weight Complex ETF

The VanEck Geared Australian Equal Weight Complex ETF (GMVW) is designed to give investors exposure to a diversified portfolio of Australian companies, with an equal weight given to each stock in the portfolio. This means that instead of being heavily influenced by larger companies, each company has an equal impact on the ETF's performance. The ETF uses a geared investment strategy, which means it borrows money to increase its investment exposure, potentially amplifying both gains and losses. With a management fee of 0.35%, this ETF is suitable for investors looking to take on higher risk for the chance of higher returns, while maintaining a balanced approach across different sectors of the Australian market.