BetaShares have two ETFs that aim to protect against a falling market and indeed profit from a falling market; BBOZ and BEAR. Bear has been available the longest and has not performed that well over the last 12 months as the market has risen I presume. BBOZ has only been in operation for a few months so it is too soon to see how this fund performs.
As I understand it, these funds will only generate a positive return in a falling market. BEAR remained at around $18 for most of 2014, dropped to $16 earlier this year and has recovered a little over the last month, presumably as the market has faltered.
These seem useful products but require active careful management.
Does anyone have experience and/or opinions on these funds?
