Global Agriculture ETF - Currency Hedged | BetaShares
  • Request info pack
  • Download factsheet
  • Request a call
  • Request Lonsec research

Thank you for your request, an email will be sent to you shortly. If you don’t receive it within 30 minutes please contact info@betashares.com.au

OVERVIEW

About

Provides simple, cost-effective and transparent exposure to the largest companies in the global Agriculture sector

  • Tactical exposure to the global agriculture sector
  • A core component of a global equities allocation providing transparency and diversification benefits

Advantages

  • Access – simple way to access a diversified portfolio of the world’s largest agriculture companies
  • Reduced currency risk – foreign currency exposure hedged to the Australian dollar
  • Diversification – with a single trade, investors can get exposure to a diversified portfolio of agriculture companies from a broad range of global locations
  • Cost effective – Fund aims to track the performance of an index (no ‘active manager’ fees)
  • Larger company exposure – strategy invests only in the most significant agriculture companies globally
  • 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 24 September 2019

Current Price
Last Trade* $5.73
% Change (prev day) -0.35%
Bid (delayed) $5.50
Offer (delayed) $5.75
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $5.74
* As at 19 September 2019

Profile

Net Assets* ($A) $20,730,143
Units Outstanding* (#) 3,614,004
Mgmt Costs** (% p.a.) 0.57%
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 19 September 2019
**Certain additional costs apply. Please refer to PDS.

Trading Information

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

Index Information

Index Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index
Index Provider Nasdaq
Index Ticker N/A
Bloomberg Index Ticker NQXAUHAN INDEX
Index Methodology

Portfolio Holdings

Name Weight (%)
DEERE & CO 8.8
NUTRIEN LTD 7.9
TYSON FOODS INC 7.5
ARCHER-DANIELS-MIDLAND CO 6.5
KUBOTA CORP 6.1
MARUBENI CORP 4.0
HORMEL FOODS CORP 3.9
FMC CORP 3.7
WH GROUP LTD 3.3
CF INDUSTRIES HOLDINGS INC 3.2
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
DE UN DEERE & CO 8.8 Equities Industrials United States USD 7,444 $1,805,109 $1,805,109
NTR CT NUTRIEN LTD 7.9 Equities Materials Canada CAD 21,400 $1,633,145 $1,633,145
TSN UN TYSON FOODS INC 7.5 Equities Consumer Staples United States USD 11,915 $1,538,947 $1,538,947
ADM UN ARCHER-DANIELS-MIDLAND CO 6.5 Equities Consumer Staples United States USD 22,121 $1,337,199 $1,337,199
6326 JP KUBOTA CORP 6.1 Equities Industrials Japan JPY 54,400 $1,264,395 $1,264,395
8002 JT MARUBENI CORP 4.0 Equities Industrials Japan JPY 79,800 $826,773 $826,773
HRL UN HORMEL FOODS CORP 3.9 Equities Consumer Staples United States USD 12,788 $811,583 $811,583
FMC US FMC CORP 3.7 Equities Materials United States USD 5,743 $763,074 $763,074
288 HK WH GROUP LTD 3.3 Equities Consumer Staples Hong Kong HKD 513,000 $687,922 $687,922
CF UN CF INDUSTRIES HOLDINGS INC 3.2 Equities Materials United States USD 8,931 $650,619 $650,619
MOWI NO MOWI ASA 3.1 Equities Consumer Staples Norway NOK 18,243 $634,412 $634,412
JBSAY UV JBS SA 2.5 Equities Consumer Staples United States USD 23,788 $524,560 $524,560
BNZL LN BUNZL PLC 2.5 Equities Industrials Britain GBP 13,596 $521,795 $521,795
BNR GY BRENNTAG AG 2.4 Equities Industrials Germany EUR 6,739 $497,222 $497,222
MOS UN MOSAIC CO/THE 2.4 Equities Materials United States USD 16,118 $492,878 $492,878
BG UN BUNGE LTD 2.3 Equities Consumer Staples United States USD 5,781 $478,133 $478,133
YAR NO YARA INTERNATIONAL ASA 2.2 Equities Materials Norway NOK 7,266 $461,251 $461,251
BRFS UN BRF SA 1.8 Equities Consumer Staples Brazil USD 27,334 $371,671 $371,671
INGR UN INGREDION INC 1.6 Equities Consumer Staples United States USD 2,787 $338,015 $338,015
AGCO UN AGCO CORP 1.5 Equities Industrials United States USD 2,715 $306,812 $306,812
2282 JT NH FOODS LTD 1.3 Equities Consumer Staples Japan JPY 4,400 $266,022 $266,022
IMCD NA IMCD NV 1.2 Equities Industrials Netherlands EUR 2,294 $252,149 $252,149
SMG UN SCOTTS MIRACLE-GRO CO/THE 1.2 Equities Materials United States USD 1,681 $248,945 $248,945
2810 JT HOUSE FOODS GROUP INC 1.0 Equities Consumer Staples Japan JPY 3,700 $210,481 $210,481
2811 JT KAGOME CO LTD 0.9 Equities Consumer Staples Japan JPY 4,700 $178,246 $178,246
UNVR US UNIVAR INC 0.9 Equities Industrials United States USD 5,454 $177,340 $177,340
DAR UN DARLING INGREDIENTS INC 0.8 Equities Consumer Staples United States USD 5,899 $172,628 $172,628
SAFM UW SANDERSON FARMS INC 0.8 Equities Consumer Staples United States USD 722 $165,561 $165,561
PBH CT PREMIUM BRANDS HOLDINGS CORP 0.8 Equities Consumer Staples Canada CAD 1,554 $163,904 $163,904
PEP MK PPB GROUP BHD 0.8 Equities Consumer Staples Malaysia MYR 24,860 $159,737 $159,737
GNS LN GENUS PLC 0.7 Equities Healthcare Britain GBP 2,716 $149,767 $149,767
BAKKA NO BAKKAFROST P/F 0.7 Equities Consumer Staples Faroe Islands NOK 1,715 $144,693 $144,693
IOI MK IOI CORP BHD 0.7 Equities Consumer Staples Malaysia MYR 92,400 $143,377 $143,377
SALM NO SALMAR ASA 0.7 Equities Consumer Staples Norway NOK 2,174 $143,116 $143,116
OCI NA OCI NV 0.7 Equities Materials Netherlands EUR 3,991 $140,897 $140,897
8012 JT NAGASE & CO LTD 0.6 Equities Industrials Japan JPY 6,000 $127,872 $127,872
CWK LN CRANSWICK PLC 0.6 Equities Consumer Staples Britain GBP 2,232 $127,359 $127,359
MFI CT MAPLE LEAF FOODS INC 0.6 Equities Consumer Staples Canada CAD 3,599 $122,908 $122,908
1332 JT NIPPON SUISAN KAISHA LTD 0.6 Equities Consumer Staples Japan JPY 13,600 $117,544 $117,544
PPC UW PILGRIM'S PRIDE CORP 0.6 Equities Consumer Staples United States USD 2,603 $117,262 $117,262
AVI SJ AVI LTD 0.6 Equities Consumer Staples South Africa ZAR 14,221 $115,958 $115,958
LSG NO LEROY SEAFOOD GROUP ASA 0.5 Equities Consumer Staples Norway NOK 11,871 $107,555 $107,555
VIS SQ VISCOFAN SA 0.5 Equities Consumer Staples Spain EUR 1,456 $103,610 $103,610
1377 JP SAKATA SEED CORP 0.5 Equities Consumer Staples Japan JPY 1,900 $99,078 $99,078
097950 KP CJ CHEILJEDANG CORP 0.4 Equities Consumer Staples South Korea KRW 307 $88,913 $88,913
GGR SP GOLDEN AGRI-RESOURCES LTD 0.4 Equities Consumer Staples Singapore SGD 314,200 $82,649 $82,649
2296 JT ITOHAM YONEKYU HOLDINGS INC 0.4 Equities Consumer Staples Japan JPY 8,600 $81,065 $81,065
1333 JP MARUHA NICHIRO CORP 0.4 Equities Consumer Staples Japan JPY 2,100 $79,844 $79,844
OLAM SP OLAM INTERNATIONAL LTD 0.4 Equities Consumer Staples Singapore SGD 36,300 $73,660 $73,660
SCHO DC SCHOUW & CO A/S 0.4 Equities Consumer Staples Denmark DKK 690 $72,896 $72,896
QLG MK QL RESOURCES BHD 0.3 Equities Consumer Staples Malaysia MYR 26,200 $65,140 $65,140
CALM UW CAL-MAINE FOODS INC 0.3 Equities Consumer Staples United States USD 937 $61,059 $61,059
AUSS NO AUSTEVOLL SEAFOOD ASA 0.3 Equities Consumer Staples Norway NOK 4,213 $59,642 $59,642
IBA UN INDUSTRIAS BACHOCO SAB DE CV 0.2 Equities Consumer Staples Mexico USD 639 $48,855 $48,855
GSF NO GRIEG SEAFOOD ASA 0.2 Equities Consumer Staples Norway NOK 2,358 $42,328 $42,328
43 HK CP POKPHAND CO LTD 0.2 Equities Consumer Staples Hong Kong HKD 308,000 $38,340 $38,340
GENP MK GENTING PLANTATIONS BHD 0.2 Equities Consumer Staples Malaysia MYR 10,400 $36,310 $36,310
FR SP FIRST RESOURCES LTD 0.2 Equities Consumer Staples Singapore SGD 18,100 $30,899 $30,899
GBP GBP - British Pound 0.0 Cash GBP 5,261 $9,703 $9,703
USD USD - United States Dollar 0.0 Cash USD 6,483 $9,581 $9,581
NOK NOK - Norwegian Krone 0.0 Cash NOK 46,102 $7,523 $7,523
HKD HKD - Hong Kong Dollar 0.0 Cash HKD 29,576 $5,578 $5,578
JPY JPY - Japanese Yen 0.0 Cash JPY 198,394 $2,726 $2,726
SGD SGD - Singapore Dollar 0.0 Cash SGD 2,185 $2,346 $2,346
EUR EUR - Euro 0.0 Cash EUR 1,159 $1,887 $1,887
MYR MYR - Malaysian Ringgit 0.0 Cash MYR 3,532 $1,246 $1,246
CAD CAD - Canada Dollar 0.0 Cash CAD 552 $615 $615
CHF CHF - Swiss Franc 0.0 Cash CHF 277 $414 $414
DKK DKK - Danish Krone 0.0 Cash DKK 1,323 $288 $288
AUD AUD - Australia Dollar 0.0 Cash AUD 161 $161 $161
ZAR ZAR - South Africa Rand 0.0 Cash ZAR 1,540 $152 $152
KRW KRW - Korean Won Cash KRW 1 $0 $0
AUD AUD - Australia Dollar FX Forwards AUD 18,969,750 $18,969,750
CAD CAD - Canada Dollar FX Forwards CAD -1,670,612 -$1,862,029
EUR EUR - Euro FX Forwards EUR -579,941 -$944,376
GBP GBP - British Pound FX Forwards GBP -404,503 -$745,999
HKD HKD - Hong Kong Dollar FX Forwards HKD -3,491,429 -$658,499
JPY JPY - Japanese Yen FX Forwards JPY -219,235,441 -$3,012,469
NOK NOK - Norwegian Krone FX Forwards NOK -10,125,777 -$1,652,419
USD USD - United States Dollar FX Forwards USD -6,773,025 -$10,010,383
Download CSV
* As at 20 September 2019

Sector Allocation

Packaged Foods & Meats
37.2%
Fertilizers & Agricultural Chemicals
21.5%
Agricultural & Farm Machinery
15.7%
Agricultural Products
13.2%
Trading Companies & Distributors
11.4%
Biotechnology
0.6%
Food Distributors
0.4%
* As of 31 August 2019

Country Allocation

United States
48.5%
Japan
15.1%
Canada
9.4%
Norway
7.5%
Britain
3.7%
Hong Kong
3.3%
Germany
2.4%
Malaysia
2.0%
Brazil
1.9%
Other
6.1%
* As of 31 August 2019

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -3.72% -3.30%
3 months 4.04% 4.38%
6 months 1.10% 1.66%
1 year -3.06% -2.70%
3 year p.a 4.42% 4.64%
5 year p.a - 4.24%
Since inception (p.a) 5.57% 5.78%
Inception date 2-Aug-16 -
* As at 30 August 2019

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* (%) 0.5%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 August 2019. Yield figures are calculated by summing the prior 12 month net and gross 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)
2-Jan-19 3-Jan-19 17-Jan-19 $0.02731 3.20%
2-Jul-18 3-Jul-18 17-Jul-18 $0.18376 3.48%
2-Jan-18 3-Jan-18 17-Jan-18 $0.00968 1.33%
3-Jul-17 4-Jul-17 18-Jul-17 $0.05522 -
View more
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: FOOD

Download
Showing - of

RESOURCES

Factsheet - FOOD
Download
Fund Flyer - FOOD
Download
Portfolio Holdings
Download
The Investment Case for FOOD
Download
Whitepaper | The How and Why of Investing in Agriculture
Download
Product Disclosure Statement - Global Sector Series
Download
Annual Report - June 2018
Download
NRWT and Fund Payment Notice information – December 2018 distributions
Download
Notice of Modifications to Fund Constitution – AMIT Tax Regime
Download
Index methodology
Download
2018 Distribution Calendar
Download
Interim Financial Report 2018
Download
View more

LEARN MORE ABOUT FOOD

Request an info pack