BBOZ does not directly short the index, it sells future...

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    BBOZ does not directly short the index, it sells future contracts to gain short exposure.
    If shorting was banned by the Government, the ETF would be unaffected.
    If the ASX futures were to close or limit-down, the ETF would be affected.

    https://hotcopper.com.au/data/attachments/2044/2044938-b61ea5569db1c5009b322edfdfe75b1a.jpg
 
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