Global Property Diversification Through Currency-Hedged ETF
The iShares Core FTSE Global Property Ex Australia (AUD Hedged) ETF, listed as GLPR on the ASX, offers Australian investors a way to diversify their property holdings globally while reducing direct exposure to currency fluctuations.
The fund tracks the FTSE index of global property companies and REITs from developed markets outside Australia, with returns hedged back to the Australian dollar.
GLPR's portfolio includes landlords and property owners across various sectors such as residential, industrial, logistics, retail, data centres, and healthcare property, covering regions including the United States, Europe, and Asia.
The currency-hedging strategy is designed to reduce the effect of foreign-exchange movements, allowing GLPR to more closely reflect movements in underlying global property assets.