The BetaShares BBOZ Fund is designed to provide protection from a declining Australian equity market. When the S&P/ASX 200 Accumulation Index falls, BBOZ aims to generate magnified returns for investors. 2. Funds under management (FUM) The Betashares BBOZ ETF had $261.18 million of money invested when we last pulled the monthly numbers.
What does bboz do?
BBOZ seeks to generate magnified returns that are negatively correlated to the returns of the Australian sharemarket. The Fund expects to generate a magnified positive return when the S&P/ASX 200 Accumulation Index falls (and a magnified negative return when the index rises).
Where is bboz based?
The company is headquartered in Sydney, Australia. BBOZ breakout due I applied Bollinger bands to this monthly chart of BBOZ and you can see for the last 12 months, the bands have been narrowing. This is a classic signal that the price has stabilised and due for a breakout. Now the question is ... in which direction?
