Global Agriculture Companies Currency Hedged ETF
Overview
Fund objective
FOOD aims to track the performance of an index (before fees and expenses) that comprises the largest global agriculture companies (ex-Australia), hedged into Australian dollars.
Benefits
Growing global demand for food
Growing populations and rising global living standards support increasing strong demand for agricultural products (food and food production).
Portfolio diversification
Access a diversified portfolio of the world’s largest agriculture companies in one trade, allowing instant diversification away from the Australian sharemarket.
Cost-effective
Passive, index-tracking approach means no ‘active manager’ fees, making FOOD a cost-effective investment for those seeking exposure to global agriculture companies.
There are risks associated with an investment in FOOD, including market risk, international investment risk, agriculture sector risk and concentration 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.
Invest in FOOD with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 9,336,507 |
|---|---|
| Management fee and cost** (p.a.) | 0.57% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | MUFG Corporate Markets |
| Domicile | Australia |
* As at 17 April 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| * Data is delayed by at least 20 minutes. | |
| NAV | |
|---|---|
| NAV/Unit* | $6.24 |
| * As at 17 April 2025 | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | FOOD |
|---|---|
| Bloomberg code | FOOD AU |
| IRESS code | FOOD.AXW |
| iNAV IRESS code | N/A |
| Market makers | Susquehanna Pacific |
Index information
| Index | Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index |
|---|---|
| Index provider | Nasdaq |
| Index ticker | N/A |
| Bloomberg index ticker | NQXAUHAN INDEX |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -0.02% | -0.01% |
| 3 months | 1.37% | 1.50% |
| 6 months | -3.51% | -3.25% |
| 1 year | -6.61% | -6.13% |
| 3 year p.a. | -6.79% | -6.26% |
| 5 year p.a. | 9.66% | 10.57% |
| 10 year p.a. | - | 4.68% |
| Since inception p.a. | 5.01% | 5.68% |
| Inception date | 2-Aug-16 | - |
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.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| MARUBENI CORP | 8.1 |
| NUTRIEN LTD | 7.9 |
| CORTEVA INC | 7.5 |
| DEERE & CO | 7.5 |
| ARCHER-DANIELS-MIDLAND CO | 7.4 |
| TYSON FOODS INC | 4.0 |
| KUBOTA CORP | 3.8 |
| BUNGE GLOBAL SA | 3.8 |
| CF INDUSTRIES HOLDINGS INC | 3.7 |
| ASSOCIATED BRITISH FOODS PLC | 3.6 |
Sector allocation
| Fertilizers & Agricultural Chemicals | 27.1% |
|---|---|
| Packaged Foods & Meats | 25.8% |
| Agricultural Products & Services | 14.7% |
| Trading Companies & Distributors | 14.4% |
| Agricultural & Farm Machinery | 14.1% |
| Industrial Conglomerates | 0.9% |
| Construction & Transport Machinery | 0.7% |
| Distillers & Vintners | 0.6% |
| Biotechnology | 0.5% |
| Other | 1.1% |
* As of 31 March 2025
Country allocation
| United States | 50.6% |
|---|---|
| Japan | 18.0% |
| Canada | 7.9% |
| Norway | 5.2% |
| Britain | 3.9% |
| Brazil | 2.7% |
| Netherlands | 2.6% |
| Germany | 2.5% |
| Malaysia | 1.9% |
| Other | 4.9% |
* As of 31 March 2025
Distributions
Frequency and yield
| Distribution frequency | Semi-annual |
|---|---|
| 12 mth distribution yield* | 2.4% |
*As at 31 March 2025. 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.
You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 2-Jan-25 | 3-Jan-25 | 17-Jan-25 | $0.057421 | 2.18% |
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.093353 | 2.07% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.050536 | 0.72% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | - | 0.58% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | $0.041065 | 3.04% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | $0.182737 | 3.15% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | $0.038608 | 5.08% |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.250549 | 5.44% |
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.038528 | 0.74% |
| 2-Jan-20 | 3-Jan-20 | 17-Jan-20 | $0.034185 | 0.67% |
| 2-Jan-19 | 3-Jan-19 | 17-Jan-19 | $0.02731 | 3.36% |
| 2-Jul-18 | 3-Jul-18 | 17-Jul-18 | $0.18376 | 3.45% |
| 2-Jan-18 | 3-Jan-18 | 17-Jan-18 | $0.009677 | 1.33% |
| 3-Jul-17 | 4-Jul-17 | 18-Jul-17 | $0.05522 | - |
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. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.