Using Cash As A Defensive Asset
Defensive assets such as cash hold an important place in portfolios, not only for liquidity, but also downside protection. Unlike other asset classes such as equities and fixed income, many investors do not consider diversifying their cash allocation to include non-domestic exposures.
ZUSD offers a simple solution for investors wanting exposure to the performance of the U.S. dollar against the Australian dollar.
NAV - net asset value per unit in Australian dollar.
AUM ($mn) - assets under management (millions) in Australian dollar.
Date - last updated date of NAV and AUM.
PCF - portfolio composition file, only available for equity and cash products
Bar list - metal bar list, only available for metal products