Europe ETF – Currency Hedged

HEUR

Access a portfolio of globally competitive Eurozone stocks

Invest Factsheet

Overview

Fund Objective

HEUR aims to track the performance of an index (before fees and expenses) that provides diversified exposure to the largest globally competitive Eurozone companies, hedged into Australian dollars.

Benefits of HEUR

  • Portfolio diversification

    Diversified exposure to European sharemarkets, which include a number of sectors that are under-represented in the Australian sharemarket.

  • Access globally competitive Eurozone stocks

    HEUR’s portfolio includes only the largest European companies that generate a substantial portion of their revenues from outside the Eurozone.

  • Currency hedged

    The Fund’s Euro exposure is currency hedged, reducing the effect of currency fluctuations on portfolio performance.

There are risks associated with an investment in HEUR, including market risk and country risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.

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.

Note: On 19 July 2019, the Fund’s benchmark index changed to the S&P Eurozone Exporters Hedged AUD Index. Accordingly, performance, sector/ country allocation and top exposures shown for the period prior to 19 July 2019 reflect the previous benchmark index.

Key facts

Pricing information

Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)

* Data is delayed by at least 20 minutes.

NAV
NAV/Unit* $13.33

* As at 6 December 2023

Download NAV history

Profile

Net assets* ($A) $45,807,686
Units outstanding* (#) 3,437,643
Management fee and cost** (p.a.) 0.56%
Distribution frequency Semi-annual
Distribution reinvestment plan (DRP) Full or partial participation available
Issuer Betashares Capital Ltd
Registry Link Market Services

* As at 6 December 2023

**Certain additional costs apply. Please refer to PDS.

Trading information

ASX code HEUR
Bloomberg code HEUR AU
IRESS code HEUR.AXW
iNAV IRESS code N/A
Market makers Susquehanna Pacific

Index information

Index S&P Eurozone Exporters Hedged AUD Index
Index provider S&P
Index ticker N/A
Bloomberg index ticker SPEZXHAN Index
Download index methodology

Holdings & allocation

Portfolio holdings

Name Weight (%)
ASML HOLDING NV 6.7%
LVMH MOET HENNESSY LOUIS VUITT 4.8%
SAP SE 3.9%
TOTALENERGIES SE 3.7%
SIEMENS AG 3.1%
L'OREAL SA 2.6%
ALLIANZ SE 2.5%
SANOFI 2.5%
SCHNEIDER ELECTRIC SE 2.4%
AIR LIQUIDE SA 2.4%

* As at 7 December 2023. Excludes cash

Download CSV

Sector allocation

Consumer Discretionary 		18.6%
Industrials 		15.7%
Information Technology 		14.4%
Financials 		13.3%
Health Care 		9.8%
Consumer Staples 		9.3%
Materials 		7.5%
Energy 		4.7%
Communication Services 		3.6%
Other 		3.1%

* As of 31 October 2023

Country allocation

France 		30.6%
Germany 		27.5%
Netherlands 		12.7%
United States 		8.1%
Spain 		7.1%
Finland 		4.1%
Belgium 		2.3%
Italy 		2.2%
China 		1.1%
Other 		4.3%

* As of 31 October 2023

Performance

Fund returns after fees (%)

  Fund Index
1 month 7.92% 8.03%
3 months 1.02% 1.21%
6 months 2.62% 3.00%
1 year 10.63% 11.29%
3 year p.a. 8.24% 9.02%
5 year p.a. - 8.78%
10 year p.a. - 8.28%
Since inception 6.41% 7.17%
Inception date 10-May-16 -

* As at 30 November 2023.
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.
Inception date refers to the inception of the Fund's current investment strategy. Prior to the inception date, the Fund traded under a different investment strategy. Information about the Fund's performance prior to the current strategy inception date is available on request by emailing info@betashares.com.au or calling 1300 487 577.

Chart

Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Distributions

Yield information

Distribution frequency Semi-annual
12 mth distribution yield* -

*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.

Recent distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
3-Jul-23 4-Jul-23 18-Jul-23 - 0.00%
3-Jan-23 4-Jan-23 18-Jan-23 - 5.56%
1-Jul-22 4-Jul-22 18-Jul-22 $0.710372 5.74%
4-Jan-22 5-Jan-22 19-Jan-22 $0.06241 6.12%
1-Jul-21 2-Jul-21 16-Jul-21 $0.618933 6.00%
4-Jan-21 5-Jan-21 19-Jan-21 $0.019903 13.98%
1-Jul-20 2-Jul-20 16-Jul-20 $1.503246 11.56%
2-Jul-18 3-Jul-18 17-Jul-18 $0.47253 4.07%
2-Jan-18 3-Jan-18 17-Jan-18 $0.03235 1.66%
3-Jul-17 4-Jul-17 18-Jul-17 $0.151975 2.24%
3-Jan-17 4-Jan-17 18-Jan-17 $0.059834 -
1-Jul-16 4-Jul-16 18-Jul-16 $0.072786 -

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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