ETF Securities ZUSD ETF (ASX:ZUSD)

The ETFS ZUSD ETF provides investors with exposure to the performance of the US dollar – specifically interest-bearing US dollar cash deposits.

ZUSD share price & data

Ticker code: ZUSD
Yearly fee (MER): 0.30%
FUM: $12.01 million
Monthly spread: 0.13%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the ZUSD invest in?

The ZUSD ETF invests in US dollar bank deposits with maturities ranging from overnight to three months. Deposits are held with one or more authorised deposit taking institutions and earn a variable rate of interest spread across a range of maturities to enhance yield. Investors in ZUSD would expect to benefit from rising US dollar interest rates and from an appreciation of the US dollar against the Australian dollar.

What do investors use ZUSD for?

The ZUSD ETF could be used by investors to get exposure to a yield that is typically higher than Australian cash alternatives, as US dollar interest rates have historically been above Australian dollar interest rates. ZUSD could also be used as a hedge since investors often seek haven in the ‘greenback’ in times of uncertainty. Additionally, investors could use ZUSD to profit from a view that the US dollar will strengthen relative to the Australian dollar, or to hedge against US dollar currency risk for those who primarily invest in ASX shares that earn revenue in Australian dollars.

ZUSD dividend information

Fund Issuer

ETF Securities is Australia’s second-oldest ETF business. Founded by Graham Tuckwell in 2003, ETF Securities has grown to become one of the leaders in the Australian ETF market.

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

When an ETF does not have a sufficiently long track record — typically, we consider this to be at least 3 years — the ETF is could be at a higher risk of being closed down (if it doesn’t grow), and the historical performance and returns (if any) cannot be relied upon.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Computershare is not only the largest share registry in Australia but also the world. The company was founded in 1978 as one of Melbourne’s first start-up technology companies, initially providing computer services to businesses.

Sector Information

Best ETFs Australia has a sector for US Dollar ETFs and funds which invest in cash accounts or deposits in the United States.

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This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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