BetaShares Diversified All Growth ETF (ASX: DHHF) is $39.83 apiece, down 0.075% on Thursday.
DHHF targets growth investors, whose primary focus is capital gains.
It provides exposure to approximately 8,000 shares listed on more than 60 global exchanges.
Instead of following a single index like most exchange-traded funds (ETFs), DHHF invests in a selection of other ETFs.
About 37% of the portfolio is ASX shares, 43% is US shares, and the balance are international shares in developed and emerging markets.
These include Japan 3.6%, China 2.1%, Canada 1.7%, Britain 1.5%, Taiwan 1.4%, India 1.2%, and Germany 1.2%.
Betashares describes DHHF as "an all-in-one investment solution".
The provider says:
The Fund is invested in a blend of large, mid and small cap equities from Australia, global developed and emerging markets, offering investors exposure to an 'all-cap, all-world' share portfolio with the potential for high growth over the long term.
The ETF provides exposure to approximately 8,000 equity securities listed on over 60 global exchanges, in one ASX trade.
The DHHF ETF pays distributions, or dividends, quarterly.
Australian investors are automatically enrolled in the distribution reinvestment plan (DRP); however, you can opt out if you like.
The management fee is 0.19% per annum, which BetaShares says is the lowest fee for an all-in-one diversified growth ASX ETF.
Let's take a look at how DHHF has performed over the past three years.
Image source: Getty Images
$10,000 in DHHF 3 years ago…
On 5 December 2022, DHHF ETF closed at $27.95 apiece.
If you had put $10,000 into the DHHF ETF then, it would have bought you 357 units (for $9,978.15).
There's been a capital gain of $11.88 per unit since then, which equates to $4,241.16 worth of capital gains.
So, your $10,000 portfolio of BetaShares Diversified All Growth ETF units is now worth $14,219.31.
In terms of distributions, the DHHF has paid a total of $2.31 per unit over the past three years.
That totals $824.67 in income from your 357 DHHF ETF units, which would have been automatically reinvested under the DRP.
Total returns for the DHHF ETF…
Your capital gain of $4,241.16 plus your distributions of $824.67 gives you a total return in dollar terms of $5,065.83.
Now remember, you invested $9,978.15 purchasing your 357 units of DHHF ETF on 5 December 2022.
This means you have received a total return, in percentage terms, of 50.7% (excluding the impact of compounding due to the DRP).
Since inception on 15 December 2020, the BetaShares Diversified All Growth ETF has produced an average annual return of 12.69%.
