They got pounded last week off the back of large gains on the ASX and US markets. However, I'm not convinced that the market responses last week were totally justified; felt like a bit of an overreaction, probably largely due to the $2 trillion US stimulus package being announced (and Trump's very upbeat rhetoric_, but I think that soon enough it will be realised that the problem is far bigger than a $2 trillion band-aid can fix, especially now with the data that's coming out of the US regarding COVID-19 infections.
In saying all that, markets are extremely volatile right now, so I would be cautious. These funds will just as easily gain 15% in a day as they will lose it.
Just my 2 cents. I am holding BBUS, but not BBOZ at the moment.
They got pounded last week off the back of large gains on the...
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