The ETF, which will trade under the ASX code “QAG”, aims to track the performance of the S&P GSCI Agriculture Enhanced Select Index.

The Index provides exposure to 4 of the most significant agricultural commodities on a world production basis:

• Corn
• Wheat
• Soybeans
• Sugar

The ETF is currency hedged, substantially eliminating the impact of movements in the AUD/USD exchange rate to provide a purer  exposure to agricultural commodities.

The ETF allows investors to gain exposure to the performance of a basket of agricultural commodities without the need to invest in the futures market or take physical delivery of commodites. Prior to the introduction of this ETF, the only way for investors to gain access to the performance of agricultural commodities was via complicated instruments such as futures or CFDs, or indirectly via shares in agricultural companies.

BetaShares Agriculture ETF joins the existing BetaShares Commodities ETF series which currently includes BetaShares Gold Bullion ETF (ASX Code: QAU) and BetaShares Crude Oil Index ETF (ASX Code: OOO).

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