Latest Hedging News

Global X Gold Bullion ETF reported a AUD 1.07 million loss for the year ended 30 June 2026, despite net assets rising to AUD 621.9 million. The fund also disclosed a lower management fee from September.

VanEck’s 13 ASX-listed ETFs produced sharply divergent FY2026 results, led by a $1.002 billion profit for Global Infrastructure and a $321.5 million gain for Gold Miners. Video Gaming and Esports moved the other way, reporting a $21.5 million loss, while International Wide Moat was subsequently overhauled and renamed.

LDR Capital Property Fund plans to retire $81.6 million of debt after asset sales, targeting a sharp reduction in gearing while it reshapes the portfolio. Investors will receive no distributions for the first two FY27 quarters, with payments deferred until March and June 2027.

Intelligent Investor Ethical Share Fund (ASX: INES) swung from a $9.394 million profit to a $6.448 million loss in the year to 30 June 2026, as unrealised investment losses overwhelmed income. Net assets fell to $58.670 million while distributions rose sharply to 26.49 cents per unit, and a proposed change in ownership of its investment manager remains unresolved.

Intelligent Investor Select Value Share Fund (ASX: IISV) swung from a $10.85 million profit to a $2.99 million loss in the year to 30 June 2026, driven by a sharp reversal in unrealised investment gains. The fund paid or accrued a larger distribution while its net assets declined, as the proposed sale of the Intelligent Investor business remained incomplete.

Intelligent Investor Equity Growth Fund returned to a $4.769 million operating profit in the year to 30 June 2026, after recording a $242,000 loss a year earlier. The improvement came with sharply higher distributions, but substantial redemptions reduced net assets and the fund faces an unresolved change of investment-manager ownership.

Colchester Emerging Markets Bond Fund returned 4.96% net for the year, outperforming its benchmark by nearly three percentage points as net assets climbed to $254.7 million. The fund has since added an ETF class to the ASX, opening a new distribution channel for its emerging-markets strategy.

Colchester Global Government Bond Fund delivered returns of 2.32% to 2.48% across its existing classes in FY2026, ahead of its 2.16% benchmark. The audited report also records the launch of an ETF class on the ASX, while profit before finance costs fell sharply as market gains reversed.

St Barbara is positioning itself as a debt-free Nova Scotia gold developer after a proposed A$453 million Simberi exit, with a potential special dividend and share buy-back still on the table. Its updated 15-Mile study points to a larger reserve, longer mine life and stronger project economics, but those figures remain study-based and conditional on execution.

Barramundi Limited (NZX:BRM) has reported the worst performance in its 20-year history, with a NZ$42.9 million net loss and a 17.0% fall in gross portfolio performance. The board is reviewing Fisher Funds’ management performance just weeks before its five-year agreement comes up for renewal.

PIMCO Short Term Active Yield Fund grew net assets nearly eightfold to A$239.8 million in the year to 30 June 2026, as its ASX-listed EARN ETF class attracted new capital. All reported unit classes outperformed the fund’s cash-rate benchmark, although the ETF’s 3.11% return covers only nine months.

Betashares’ newly launched FTSE Global Infrastructure Shares Currency Hedged ETF reported $1.204 billion in profit and $8.08 billion in net assets for its first reporting year. The audited results also show strong gains across several established funds, alongside sharp post-year-end NAV movements in energy and gold miners.