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BetaShares Crude Oil Index ETF Currency Hedged (Synthetic) (OOO)

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6.20 -0.06    -0.96%
02:04:59 - Closed. Currency in AUD ( Disclaimer )
Type:  ETF
Market:  Australia
ISIN:  AU000000OOO6 
Asset Class:  Commodity
  • Volume: 71,883
  • Bid/Ask: 6.17 / 6.30
  • Day's Range: 6.17 - 6.21
BetaShares Crude Oil Currency Hedged 6.20 -0.06 -0.96%

BetaShares Crude Oil Index ETF Currency Hedged (Synthetic) Profile

 
Get an in-depth profile of BetaShares Crude Oil Currency Hedged, including a general overview of the ETF's strategy, location and contact information.
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Investment Banking & Investment Services

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ETF

BetaShares Crude Oil Index ETF - Currency Hedged (Synthetic) is an exchange traded fund launched and managed by BetaShares Capital Limited. The fund invests in the commodity markets. It uses derivatives such as swaps to invest in crude oil, the returns being hedged to Australian Dollar. The fund seeks to replicate the performance of the S&P GSCI Crude Oil Index Excess Return (hedged into Australian Dollars), by employing synthetic replication methodology. BetaShares Crude Oil Index ETF - Currency Hedged (Synthetic) was formed on November 8, 2011 and is domiciled in Australia.

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Contact Information

Address 50 Margaret Street Level 6
Sydney, 2000
Australia
Phone 61 2 9290 6888
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OOO Comments

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Slabodan Milosevic
humanfallibility Jan 19, 2023 8:19PM ET
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https://www.dol.gov/newsroom/releases/whd/whd20230117-1
Tan Boon Chong
bCeye Jan 18, 2022 2:21AM ET
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be patient
Plan Man
Plan Man Jun 04, 2021 5:31AM ET
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Really bad product
Governor Mcgovenor
Governor Mcgovenor Jul 15, 2020 11:31AM ET
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It's not a conspiracy, if you read what you are getting yourself into, you will understand. THEY DO, track WTI futures. But they roll from one contract to another, and the future contracts as they announced change from 3 months to 1 month etc etc  so its not going to be a direct result of the current spot price.  And this is a guess, maybe their exposure changes as well per contract.
James Hendy
James Hendy Apr 26, 2020 9:25PM ET
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This ETF is tracking the GSCI crude oil index not the WTI index directly.
Tan Boon Chong
bCeye Apr 26, 2020 9:25PM ET
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so it is better or bad for investors?
James Hendy
James Hendy Apr 26, 2020 9:22PM ET
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The rollover is also not clearly defined anywhere. I eventually found information about the rollover by calling BetaShares. And then doing my own research: https://www.goldmansachs.com/what-we-do/global-markets/business-groups/sts-folder/gsci/roll-period.html
James Hendy
James Hendy Apr 26, 2020 9:20PM ET
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I agree completely. Nothing in this ETF makes sense. It goes up and down for now reason and very quickly. I've seen it go from +5% to -5% in 20 minutes.
없는게 메리트
없는게 메리트 Apr 24, 2020 11:49AM ET
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dont put your money into this ETF. Such a scam. Today Oil went up over 20% last night. The performance of this ETF is -7.09% !
Marc marc
Marc marc Mar 13, 2020 9:28PM ET
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there is a buggold price appears to me as 8.25$
 
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