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OVERVIEW

About

Provides exposure to the European equity market while hedging exposure to fluctuations between the Australian dollar and the Euro.

  • Gain broad exposure to dividend paying, globally competitive European companies
  • A core component of a global equities allocation providing transparency and diversification benefits
  • Tactical exposure to European equities

Advantages

  • Access – simple way to access a diversified portfolio of European shares
  • Reduced currency risk – Euro currency exposure hedged to the Australian dollar
  • Diversification – diversify global equities allocation to Europe, which includes a number of sectors which are under-represented in the Australian sharemarket
  • Cost effective – cost of Fund is lower than traditional active managers focusing on European equities
  • No W-8 BEN forms and no US estate tax implications for investors – simplified tax administration, unlike cross-listed alternatives
  • Liquidity – available to trade on ASX like any share

How to Invest

  • You can buy or sell units just like you’d buy or sell any share on the ASX
  • Fund requires no minimum investment

KEY FACTS

Pricing Information 25 July 2017

Current Price
Last Trade* $12.33
% Change (prev day) -1.2%
Bid (delayed) $12.33
Offer (delayed) -
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $12.33
* As at 21 July 2017

Profile

Net Assets* ($A) $46,866,213
Units Outstanding* (#) 3,802,123
Mgmt Costs** (% p.a.) 0.58%
Distribution Frequency Semi-annual
Distribution Reinvestment Plan (DRP) Full or partial participation available
Issuer BetaShares Capital Ltd
Fund Administrator RBC Investor Services
Custodian RBC Investor Services
Registry Link Market Services
Auditor KPMG
* As at 21 July 2017
**Certain additional costs apply. Please refer to PDS.

Trading Information

ASX Code HEUR
Bloomberg Code HEUR AU
IRESS Code HEUR.AXW
Trading Hours 10.00-16.00 (AEST)
iNAV IRESS Code N/A
Market Makers Susquehanna Pacific
SMSF Eligible Yes

Index Information

Index WisdomTree Europe Hedged Equity Index
Index Provider WisdomTree
Index Ticker N/A
Bloomberg Index Ticker WTEHIT Index

Top Exposures

Name %
Banco Bilbao Vizcaya Argentari 5.6 %
Telefonica SA 5.5 %
Siemens AG 4.9 %
Banco Santander SA 4.7 %
Sanofi 4.6 %
Anheuser-Busch InBev SA/NV 4.3 %
Daimler AG 4.1 %
Unilever NV 4.1 %
LVMH Moet Hennessy Louis Vuitt 3.4 %
Bayer AG 3.3 %
As of close of trading 30/06/2017
The information above shows underlying share exposures of the Fund.

Sector Allocation

Consumer Staples
19.5%
Industrials
16.9%
Consumer Discretionary
16.5%
Financials
12.9%
Materials
11.6%
Healthcare
9.6%
Information Technology
6.7%
Telecommunication Services
4.6%
Energy
1.4%
Utilities
0.2%
* As of 30 June 2017

Country Allocation

France
26.5%
Germany
25.3%
Spain
17.6%
Netherlands
9.8%
Belgium
7.5%
Britain
4.4%
Finland
4.4%
Italy
1.7%
Ireland
1.2%
Other
1.6%
* As of 30 June 2017

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -2.90% -3.05%
3 months 1.13% 0.65%
6 months 11.07% 10.19%
1 year 27.33% 28.06%
3 year p.a - -
5 year p.a - -
Since inception (p.a) 22.08% 22.09%
Inception date 10-May-16 -
* As at 30 June 2017

Chart

Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

DISTRIBUTIONS

Yield Information

Distribution Frequency Semi-Annual
12 Mth Distribution Yield* (%) 1.1%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
* As of 30 June 2017. Yield figures are calculated by summing the prior 12 month fund per unit distributions divided by the fund closing NAV per unit. Past performance is not an indicator of future performance.

Recent Distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
3-Jul-17 4-Jul-17 18-Jul-17 $0.15198 2.22%
3-Jan-17 4-Jan-17 18-Jan-17 $0.05983 -
1-Jul-16 4-Jul-16 18-Jul-16 $0.07279 -
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1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. It is calculated as the difference between total Fund return and NAV return. NAV return is the change in the Fund's NAV price. Total return is the NAV return plus reinvestment of all distributions back to the Fund. Past performance not indicative of future performance.

ANNOUNCEMENTS

ASX Announcements: HEUR

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RESOURCES

Factsheet - HEUR
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The Investment Case for HEUR
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Product Disclosure Statement - HEUR, HJPN
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Portfolio Holdings
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Annual Report - June 2016
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Supplementary Product Disclosure Statement – November 2016
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NRWT and Fund Payment Notice information - June 2017 distributions
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View more

LEARN MORE ABOUT HEUR

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