QHAL provides investors with access to a diversified portfolio of high-quality international companies sourced from developed markets (excluding Australia), with all returns hedged into Australian dollars. The ETF's primary objective is to track the performance of its underlying index, before the deduction of any fees or costs. It achieves this by identifying top-tier global companies based on key fundamental characteristics, including a superior return on equity, consistent earnings stability, and conservative financial leverage. Historically, investments concentrated on such quality attributes have demonstrated long-term outperformance when compared to broader global equity benchmarks. The fund's portfolio ultimately comprises around 300 companies, representing a wide array of geographical regions, industry sectors, and economic conditions.