Global Energy Companies ETF - Currency Hedged | BetaShares
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OVERVIEW

Fund Objective

FUEL aims to track the performance of an index (before fees and expenses) that comprises the largest global energy companies (ex-Australia), hedged into Australian dollars.

Benefits of FUEL

Convenient access to global energy companies

Access a portfolio of the world’s largest energy companies, including Chevron, ExxonMobil and Royal Dutch Shell, in one ASX trade.

Diversified energy exposure

FUEL offers exposure to energy companies that are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies.

Cost-effective

Passive, index-tracking approach means no ‘active manager’ fees, making FUEL a cost-effective investment for those seeking exposure to the global energy sector.

How to Invest

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

KEY FACTS

Pricing Information 10 April 2020

Current Price
Last Trade* -
% Change (prev day) -
Bid (delayed) -
Offer (delayed) -
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $3.46
* As at 8 April 2020

Profile

Net Assets* ($A) $125,328,622
Units Outstanding* (#) 36,209,943
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 8 April 2020
* As of close of previous trading day
**Certain additional costs apply. Please refer to PDS.

Trading Information

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

Index Information

Index Nasdaq Global ex-Australia Energy Hedged AUD Index
Index Provider Nasdaq
Index Ticker N/A
Bloomberg Index Ticker NQXAUHEN Index
Index Methodology

Portfolio Holdings

Name Weight (%)
CHEVRON CORP 9.2
EXXON MOBIL CORP 8.1
TOTAL SA 7.4
BP PLC 7.0
ROYAL DUTCH SHELL PLC 6.2
ENBRIDGE INC 4.7
ROYAL DUTCH SHELL PLC 4.0
TC ENERGY CORP 3.8
CONOCOPHILLIPS 3.4
KINDER MORGAN INC/DE 2.8
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CVX UN CHEVRON CORP 9.2 Equities Energy United States USD 82,459 $11,381,963 $11,381,963
XOM UN EXXON MOBIL CORP 8.1 Equities Energy United States USD 141,765 $9,979,764 $9,979,764
FP FP TOTAL SA 7.4 Equities Energy France EUR 154,675 $9,135,964 $9,135,964
BP/ LN BP PLC 7.0 Equities Energy Britain GBP 1,301,310 $8,678,592 $8,678,592
RDSA LN ROYAL DUTCH SHELL PLC 6.2 Equities Energy Netherlands GBP 256,989 $7,629,329 $7,629,329
ENB CT ENBRIDGE INC 4.7 Equities Energy Canada CAD 127,523 $5,813,892 $5,813,892
RDSB LN ROYAL DUTCH SHELL PLC 4.0 Equities Energy Netherlands GBP 170,517 $4,919,099 $4,919,099
TRP CT TC ENERGY CORP 3.8 Equities Energy Canada CAD 63,209 $4,679,869 $4,679,869
COP UN CONOCOPHILLIPS 3.4 Equities Energy United States USD 73,445 $4,206,964 $4,206,964
KMI UN KINDER MORGAN INC/DE 2.8 Equities Energy United States USD 143,540 $3,417,400 $3,417,400
PSX UN PHILLIPS 66 2.6 Equities Energy United States USD 31,642 $3,235,825 $3,235,825
PBR UN PETROLEO BRASILEIRO SA 2.5 Equities Energy Brazil USD 287,614 $3,144,407 $3,144,407
SU CT SUNCOR ENERGY INC 2.4 Equities Energy Canada CAD 109,840 $2,946,006 $2,946,006
ENI IM ENI SPA 2.4 Equities Energy Italy EUR 181,146 $2,935,412 $2,935,412
SLB UN SCHLUMBERGER LTD 2.2 Equities Energy United States USD 98,579 $2,734,701 $2,734,701
EOG UN EOG RESOURCES INC 2.1 Equities Energy United States USD 35,212 $2,560,205 $2,560,205
VLO UN VALERO ENERGY CORP 1.8 Equities Energy United States USD 27,486 $2,276,895 $2,276,895
883 HK CNOOC LTD 1.7 Equities Energy China HKD 1,144,199 $2,054,511 $2,054,511
WMB UN WILLIAMS COS INC/THE 1.6 Equities Energy United States USD 81,991 $2,019,172 $2,019,172
VWS DC VESTAS WIND SYSTEMS A/S 1.6 Equities Industrials Denmark DKK 14,163 $1,919,936 $1,919,936
MPC UN MARATHON PETROLEUM CORP 1.5 Equities Energy United States USD 46,236 $1,804,458 $1,804,458
CNQ CT CANADIAN NATURAL RESOURCES LTD 1.4 Equities Energy Canada CAD 78,431 $1,720,057 $1,720,057
EQNR NO EQUINOR ASA 1.3 Equities Energy Norway NOK 77,794 $1,654,914 $1,654,914
OXY UN OCCIDENTAL PETROLEUM CORP 1.3 Equities Energy United States USD 63,610 $1,588,974 $1,588,974
NESTE FH NESTE OYJ 1.3 Equities Energy Finland EUR 30,673 $1,558,248 $1,558,248
REP SQ REPSOL SA 1.2 Equities Energy Spain EUR 100,061 $1,458,700 $1,458,700
PXD UN PIONEER NATURAL RESOURCES CO 1.1 Equities Energy United States USD 10,969 $1,413,872 $1,413,872
386 HK CHINA PETROLEUM & CHEMICAL COR 1.1 Equities Energy China HKD 1,707,015 $1,396,440 $1,396,440
5020 JT JXTG HOLDINGS INC 1.1 Equities Energy Japan JPY 237,173 $1,351,548 $1,351,548
OKE UN ONEOK INC 0.9 Equities Energy United States USD 27,355 $1,161,566 $1,161,566
PPL CT PEMBINA PIPELINE CORP 0.9 Equities Energy Canada CAD 36,442 $1,136,830 $1,136,830
HES UN HESS CORP 0.8 Equities Energy United States USD 16,490 $1,037,210 $1,037,210
LNG UA CHENIERE ENERGY INC 0.8 Equities Energy United States USD 17,233 $1,010,077 $1,010,077
SRG IM SNAM SPA 0.8 Equities Utilities Italy EUR 149,876 $1,001,525 $1,001,525
586 HK CHINA CONCH VENTURE HOLDINGS L 0.7 Equities Industrials China HKD 121,000 $867,060 $867,060
857 HK PETROCHINA CO LTD 0.7 Equities Energy China HKD 1,428,117 $866,601 $866,601
CXO UN CONCHO RESOURCES INC 0.7 Equities Energy United States USD 10,020 $838,566 $838,566
HAL UN HALLIBURTON CO 0.7 Equities Energy United States USD 59,381 $834,137 $834,137
BKR UN BAKER HUGHES CO 0.6 Equities Energy United States USD 37,946 $785,846 $785,846
1605 JT INPEX CORP 0.6 Equities Energy Japan JPY 77,052 $752,298 $752,298
384 HK CHINA GAS HOLDINGS LTD 0.6 Equities Utilities China HKD 141,200 $723,765 $723,765
FANG UW DIAMONDBACK ENERGY INC 0.5 Equities Energy United States USD 9,711 $584,313 $584,313
OMV AV OMV AG 0.4 Equities Energy Austria EUR 10,254 $531,649 $531,649
096770 KP SK INNOVATION CO LTD 0.4 Equities Energy South Korea KRW 3,687 $455,704 $455,704
IMO CT IMPERIAL OIL LTD 0.3 Equities Energy Canada CAD 14,944 $309,251 $309,251
135 HK KUNLUN ENERGY CO LTD 0.2 Equities Utilities China HKD 283,729 $273,828 $273,828
UGP US ULTRAPAR PARTICIPACOES SA 0.2 Equities Energy Brazil USD 52,151 $224,377 $224,377
CLR UN CONTINENTAL RESOURCES INC/OK 0.1 Equities Energy United States USD 6,083 $120,801 $120,801
USD USD - UNITED STATES DOLLAR 0.1 Cash USD 54,280 $87,141 $87,141
CAD CAD - CANADA DOLLAR 0.1 Cash CAD 61,800 $70,774 $70,774
AUD AUD - AUSTRALIA DOLLAR 0.0 Cash AUD 53,525 $53,525 $53,525
DKK DKK - DANISH KRONE 0.0 Cash DKK 206,976 $48,342 $48,342
JPY JPY - JAPANESE YEN 0.0 Cash JPY 2,664,508 $39,286 $39,286
NOK NOK - NORWEGIAN KRONE 0.0 Cash NOK 164,614 $25,787 $25,787
EUR EUR - EURO 0.0 Cash EUR 4,391 $7,656 $7,656
HKD HKD - HONG KONG DOLLAR 0.0 Cash HKD 32,160 $6,660 $6,660
GBP GBP - BRITISH POUND 0.0 Cash GBP 820 $1,631 $1,631
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 108,764,954 $108,764,954
CAD CAD - CANADA DOLLAR FX Forwards CAD -13,580,645 -$15,552,731
EUR EUR - EURO FX Forwards EUR -9,574,694 -$16,692,284
GBP GBP - BRITISH POUND FX Forwards GBP -10,162,457 -$20,210,121
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -28,599,342 -$5,923,028
USD USD - UNITED STATES DOLLAR FX Forwards USD -30,216,286 -$48,509,048
KRW KRW - KOREAN WON 0.0 Cash KRW -3,962,179 -$5,232 -$5,232
Download CSV
* As at 8 April 2020

Sector Allocation

Integrated Oil & Gas
52.9%
Oil & Gas Storage & Transportation
16.7%
Oil & Gas Exploration & Production
13.8%
Oil & Gas Refining & Marketing
8.9%
Oil & Gas Equipment & Services
4.3%
Gas Utilities
1.4%
Heavy Electrical Equipment
1.4%
Industrial Machinery
0.6%
* As of 29 February 2020

Country Allocation

United States
44.2%
Canada
14.7%
Netherlands
9.1%
Britain
6.6%
France
6.6%
China
4.3%
Brazil
3.6%
Italy
3.0%
Japan
1.6%
Other
6.3%
* As of 29 February 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -29.01% -27.75%
3 months -43.18% -42.08%
6 months -41.24% -39.97%
1 year -44.77% -43.36%
3 year p.a -15.48% -14.45%
5 year p.a - -8.13%
Since inception (p.a) -9.10% -8.07%
Inception date 16-Jun-16 -
* As at 31 March 2020

Chart

Chart Type
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 at 29 February 2020. 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-20 3-Jan-20 17-Jan-20 $0.05031 0.95%
2-Jan-19 3-Jan-19 17-Jan-19 $0.07117 2.57%
2-Jul-18 3-Jul-18 17-Jul-18 $0.101 2.77%
2-Jan-18 3-Jan-18 17-Jan-18 $0.04264 4.14%
3-Jul-17 4-Jul-17 18-Jul-17 $0.18208 4.17%
3-Jan-17 4-Jan-17 18-Jan-17 $0.04849 -
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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: FUEL

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RESOURCES

Factsheet - FUEL
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Fund Flyer - FUEL
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The Investment Case for FUEL
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Portfolio Holdings
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Product Disclosure Statement - Global Sector Series
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Annual Report - June 2019
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NRWT and Fund Payment Notice information - December 2019 distributions
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Index methodology
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Interim Financial Report 2018
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2020 BetaShares Distribution Calendar
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LEARN MORE ABOUT FUEL

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