QHAL ETF: Combining Quality Stocks and Currency Hedging for Volatile Markets
The VanEck MSCI International Quality (AUD Hedged) ETF, listed as QHAL on the ASX, combines two attractive features for Australian investors: a portfolio of high-quality global companies and a currency hedge back into Australian dollars.
This fund tracks the performance of the MSCI World ex Australia Quality 100% Hedged to AUD Index, before fees and other costs. It has a quality screen that selects companies with strong profitability and low financial leverage, with a heavy weighting towards US technology and healthcare.
The currency hedge removes most of the effect of AUD/USD movements, making QHAL suited for investors who like the quality approach but want to manage currency risk.