FUEL ASX | Energy ETF ASX | 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 6 July 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 * $3.55
* As at 2 July 2020

Profile

Net Assets* ($A) $194,095,538
Units Outstanding* (#) 54,609,943
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 2 July 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 (%)
EXXON MOBIL CORP 7.7
CHEVRON CORP 7.7
TOTAL SA 7.6
BP PLC 6.2
ROYAL DUTCH SHELL PLC 5.7
ROYAL DUTCH SHELL PLC 4.0
CONOCOPHILLIPS 3.9
ENBRIDGE INC 3.8
TC ENERGY CORP 3.6
PETROLEO BRASILEIRO SA 3.0
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
XOM UN EXXON MOBIL CORP 7.7 Equities Energy United States USD 236,527 $15,025,379 $15,025,379
CVX UN CHEVRON CORP 7.7 Equities Energy United States USD 117,283 $14,926,159 $14,926,159
FP FP TOTAL SA 7.6 Equities Energy France EUR 262,044 $14,709,454 $14,709,454
BP/ LN BP PLC 6.2 Equities Energy Britain GBP 2,181,190 $12,064,981 $12,064,981
RDSA LN ROYAL DUTCH SHELL PLC 5.7 Equities Energy Netherlands GBP 474,768 $11,091,952 $11,091,952
RDSB LN ROYAL DUTCH SHELL PLC 4.0 Equities Energy Netherlands GBP 354,782 $7,876,529 $7,876,529
COP UN CONOCOPHILLIPS 3.9 Equities Energy United States USD 127,488 $7,676,104 $7,676,104
ENB CT ENBRIDGE INC 3.8 Equities Energy Canada CAD 165,982 $7,352,851 $7,352,851
TRP CT TC ENERGY CORP 3.6 Equities Energy Canada CAD 112,730 $6,966,191 $6,966,191
PBR UN PETROLEO BRASILEIRO SA 3.0 Equities Energy Brazil USD 475,925 $5,816,175 $5,816,175
KMI UN KINDER MORGAN INC 2.7 Equities Energy United States USD 241,788 $5,268,532 $5,268,532
PSX UN PHILLIPS 66 2.5 Equities Energy United States USD 49,835 $4,913,836 $4,913,836
SU CT SUNCOR ENERGY INC 2.3 Equities Energy Canada CAD 183,216 $4,423,530 $4,423,530
SLB UN SCHLUMBERGER LTD 2.2 Equities Energy United States USD 166,718 $4,319,916 $4,319,916
ENI IM ENI SPA 2.2 Equities Energy Italy EUR 305,602 $4,295,563 $4,295,563
EOG UN EOG RESOURCES INC 2.1 Equities Energy United States USD 57,335 $4,174,325 $4,174,325
MPC UN MARATHON PETROLEUM CORP 2.0 Equities Energy United States USD 74,210 $3,857,551 $3,857,551
WMB UN WILLIAMS COS INC/THE 1.9 Equities Energy United States USD 136,997 $3,766,973 $3,766,973
VLO UN VALERO ENERGY CORP 1.9 Equities Energy United States USD 46,039 $3,738,056 $3,738,056
VWS DC VESTAS WIND SYSTEMS A/S 1.9 Equities Industrials Denmark DKK 23,657 $3,628,617 $3,628,617
CNQ CT CANADIAN NATURAL RESOURCES LTD 1.7 Equities Energy Canada CAD 126,252 $3,242,912 $3,242,912
883 HK CNOOC LTD 1.7 Equities Energy China HKD 1,931,199 $3,231,111 $3,231,111
NESTE FH NESTE OYJ 1.5 Equities Energy Finland EUR 51,747 $2,943,315 $2,943,315
OXY UN OCCIDENTAL PETROLEUM CORP 1.4 Equities Energy United States USD 108,119 $2,770,364 $2,770,364
EQNR NO EQUINOR ASA 1.4 Equities Energy Norway NOK 130,943 $2,737,769 $2,737,769
PXD UN PIONEER NATURAL RESOURCES CO 1.3 Equities Energy United States USD 17,626 $2,458,851 $2,458,851
PPL CT PEMBINA PIPELINE CORP 1.2 Equities Energy Canada CAD 66,044 $2,345,468 $2,345,468
HES UN HESS CORP 1.1 Equities Energy United States USD 29,149 $2,162,966 $2,162,966
OKE UN ONEOK INC 1.1 Equities Energy United States USD 46,242 $2,142,499 $2,142,499
REP SQ REPSOL SA 1.1 Equities Energy Spain EUR 168,807 $2,138,058 $2,138,058
LNG UA CHENIERE ENERGY INC 1.1 Equities Energy United States USD 30,285 $2,129,857 $2,129,857
5020 JT ENEOS HOLDINGS INC 1.0 Equities Energy Japan JPY 388,073 $2,007,068 $2,007,068
HAL UN HALLIBURTON CO 0.9 Equities Energy United States USD 100,118 $1,813,638 $1,813,638
SRG IM SNAM SPA 0.9 Equities Utilities Italy EUR 252,850 $1,797,116 $1,797,116
386 HK CHINA PETROLEUM & CHEMICAL COR 0.9 Equities Energy China HKD 2,851,015 $1,791,425 $1,791,425
384 HK CHINA GAS HOLDINGS LTD 0.7 Equities Utilities China HKD 297,400 $1,420,877 $1,420,877
BKR UN BAKER HUGHES CO 0.7 Equities Energy United States USD 59,804 $1,328,116 $1,328,116
586 HK CHINA CONCH VENTURE HOLDINGS L 0.7 Equities Industrials China HKD 201,500 $1,299,831 $1,299,831
857 HK PETROCHINA CO LTD 0.6 Equities Energy China HKD 2,504,117 $1,256,900 $1,256,900
CXO UN CONCHO RESOURCES INC 0.6 Equities Energy United States USD 15,595 $1,156,758 $1,156,758
1605 JT INPEX CORP 0.6 Equities Energy Japan JPY 129,952 $1,152,091 $1,152,091
EUR EUR - EURO 0.6 Cash EUR 680,300 $1,102,415 $1,102,415
USD USD - UNITED STATES DOLLAR 0.6 Cash USD 743,078 $1,070,872 $1,070,872
968 HK XINYI SOLAR HOLDINGS LTD 0.5 Equities Information Technology China HKD 624,000 $925,699 $925,699
GBP GBP - BRITISH POUND 0.5 Cash GBP 492,464 $885,711 $885,711
OMV AV OMV AG 0.4 Equities Energy Austria EUR 17,298 $822,433 $822,433
IMO CT IMPERIAL OIL LTD 0.3 Equities Energy Canada CAD 25,273 $576,586 $576,586
135 HK KUNLUN ENERGY CO LTD 0.2 Equities Utilities China HKD 473,729 $448,260 $448,260
UGP UN ULTRAPAR PARTICIPACOES SA 0.2 Equities Energy Brazil USD 85,986 $427,514 $427,514
CAD CAD - CANADA DOLLAR 0.2 Cash CAD 359,820 $382,706 $382,706
HKD HKD - HONG KONG DOLLAR 0.1 Cash HKD 953,216 $177,204 $177,204
DKK DKK - DANISH KRONE 0.1 Cash DKK 519,023 $112,858 $112,858
JPY JPY - JAPANESE YEN 0.1 Cash JPY 8,038,567 $107,734 $107,734
NOK NOK - NORWEGIAN KRONE 0.0 Cash NOK 558,458 $84,918 $84,918
CNY CNY - YUAN RENMINBI 0.0 Cash CNY 244,342 $49,817 $49,817
KRW KRW - KOREAN WON Cash KRW 1 $0 $0
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 185,886,802 $185,886,802
CAD CAD - CANADA DOLLAR FX Forwards CAD -22,017,091 -$23,417,455
EUR EUR - EURO FX Forwards EUR -16,383,208 -$26,548,708
GBP GBP - BRITISH POUND FX Forwards GBP -17,384,232 -$31,266,042
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -53,030,341 -$9,858,407
USD USD - UNITED STATES DOLLAR FX Forwards USD -61,841,197 -$89,121,195
AUD AUD - AUSTRALIA DOLLAR -1.0 Cash AUD -1,908,422 -$1,908,422 -$1,908,422
Download CSV
* As at 3 July 2020

Sector Allocation

Integrated Oil & Gas
53.0%
Oil & Gas Storage & Transportation
16.3%
Oil & Gas Exploration & Production
12.7%
Oil & Gas Refining & Marketing
9.8%
Oil & Gas Equipment & Services
3.8%
Heavy Electrical Equipment
1.8%
Gas Utilities
1.6%
Industrial Machinery
0.7%
Other
0.3%
* As of 31 May 2020

Country Allocation

United States
46.2%
Canada
13.5%
Netherlands
8.8%
France
7.5%
Britain
5.9%
China
4.9%
Brazil
2.8%
Italy
2.8%
Denmark
1.8%
Other
5.8%
* As of 31 May 2020

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month 2.03% 2.06%
3 months -19.73% -17.84%
6 months -33.08% -31.36%
1 year -32.92% -30.78%
3 year p.a -10.74% -9.44%
5 year p.a - -6.18%
Since inception (p.a) -5.87% -4.70%
Inception date 16-Jun-16 -
* As at 29 May 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* (%) 1.4%
12 Mth Gross Distribution Yield* (%) -
Franking Level -
*As at 31 May 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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