FUEL ASX | Energy ETF ASX | BetaShares
  • Request info pack
  • Download factsheet
  • Request a call
  • Request Lonsec research
  • View all funds
  • Download Factsheet

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

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 13 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 * $3.37
* As at 9 July 2020

Profile

Net Assets* ($A) $185,841,888
Units Outstanding* (#) 55,219,650
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 9 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 (%)
TOTAL SA 7.6
EXXON MOBIL CORP 7.5
CHEVRON CORP 7.5
BP PLC 6.1
ROYAL DUTCH SHELL PLC 5.7
ROYAL DUTCH SHELL PLC 4.1
ENBRIDGE INC 3.8
CONOCOPHILLIPS 3.8
TC ENERGY CORP 3.6
PETROLEO BRASILEIRO SA 3.2
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
FP FP TOTAL SA 7.6 Equities Energy France EUR 264,857 $14,243,688 $14,243,688
XOM UN EXXON MOBIL CORP 7.5 Equities Energy United States USD 239,067 $14,202,544 $14,202,544
CVX UN CHEVRON CORP 7.5 Equities Energy United States USD 118,543 $14,088,262 $14,088,262
BP/ LN BP PLC 6.1 Equities Energy Britain GBP 2,204,609 $11,577,571 $11,577,571
RDSA LN ROYAL DUTCH SHELL PLC 5.7 Equities Energy Netherlands GBP 479,866 $10,698,834 $10,698,834
RDSB LN ROYAL DUTCH SHELL PLC 4.1 Equities Energy Netherlands GBP 358,591 $7,670,271 $7,670,271
ENB CT ENBRIDGE INC 3.8 Equities Energy Canada CAD 167,765 $7,132,141 $7,132,141
COP UN CONOCOPHILLIPS 3.8 Equities Energy United States USD 128,857 $7,098,055 $7,098,055
TRP CT TC ENERGY CORP 3.6 Equities Energy Canada CAD 113,941 $6,740,545 $6,740,545
PBR UN PETROLEO BRASILEIRO SA 3.2 Equities Energy Brazil USD 485,849 $5,952,732 $5,952,732
KMI UN KINDER MORGAN INC 2.6 Equities Energy United States USD 244,385 $4,882,786 $4,882,786
PSX UN PHILLIPS 66 2.3 Equities Energy United States USD 50,370 $4,267,197 $4,267,197
ENI IM ENI SPA 2.2 Equities Energy Italy EUR 308,883 $4,224,974 $4,224,974
SU CT SUNCOR ENERGY INC 2.2 Equities Energy Canada CAD 185,183 $4,186,984 $4,186,984
SLB UN SCHLUMBERGER LTD 2.2 Equities Energy United States USD 168,508 $4,146,139 $4,146,139
VWS DC VESTAS WIND SYSTEMS A/S 2.1 Equities Industrials Denmark DKK 23,910 $3,900,084 $3,900,084
EOG UN EOG RESOURCES INC 2.0 Equities Energy United States USD 57,951 $3,690,818 $3,690,818
WMB UN WILLIAMS COS INC/THE 1.9 Equities Energy United States USD 138,468 $3,633,741 $3,633,741
MPC UN MARATHON PETROLEUM CORP 1.9 Equities Energy United States USD 75,007 $3,593,053 $3,593,053
VLO UN VALERO ENERGY CORP 1.8 Equities Energy United States USD 46,533 $3,356,632 $3,356,632
883 HK CNOOC LTD 1.7 Equities Energy China HKD 1,951,199 $3,182,266 $3,182,266
AUD AUD - AUSTRALIA DOLLAR 1.7 Cash AUD 3,117,188 $3,117,188 $3,117,188
NESTE FH NESTE OYJ 1.6 Equities Energy Finland EUR 52,303 $2,973,959 $2,973,959
CNQ CT CANADIAN NATURAL RESOURCES LTD 1.6 Equities Energy Canada CAD 127,608 $2,971,582 $2,971,582
EQNR NO EQUINOR ASA 1.5 Equities Energy Norway NOK 132,349 $2,762,181 $2,762,181
OXY UN OCCIDENTAL PETROLEUM CORP 1.4 Equities Energy United States USD 109,280 $2,555,413 $2,555,413
PXD UN PIONEER NATURAL RESOURCES CO 1.2 Equities Energy United States USD 17,816 $2,341,005 $2,341,005
PPL CT PEMBINA PIPELINE CORP 1.2 Equities Energy Canada CAD 66,752 $2,251,186 $2,251,186
LNG UA CHENIERE ENERGY INC 1.2 Equities Energy United States USD 30,611 $2,190,080 $2,190,080
REP SQ REPSOL SA 1.1 Equities Energy Spain EUR 170,620 $2,084,187 $2,084,187
5020 JT ENEOS HOLDINGS INC 1.1 Equities Energy Japan JPY 392,173 $2,009,001 $2,009,001
HES UN HESS CORP 1.0 Equities Energy United States USD 29,462 $1,890,782 $1,890,782
386 HK CHINA PETROLEUM & CHEMICAL COR 1.0 Equities Energy China HKD 2,881,015 $1,863,473 $1,863,473
SRG IM SNAM SPA 1.0 Equities Utilities Italy EUR 255,564 $1,848,135 $1,848,135
OKE UN ONEOK INC 0.9 Equities Energy United States USD 46,739 $1,755,566 $1,755,566
HAL UN HALLIBURTON CO 0.9 Equities Energy United States USD 101,193 $1,712,229 $1,712,229
384 HK CHINA GAS HOLDINGS LTD 0.8 Equities Utilities China HKD 304,200 $1,446,102 $1,446,102
857 HK PETROCHINA CO LTD 0.7 Equities Energy China HKD 2,562,117 $1,362,803 $1,362,803
586 HK CHINA CONCH VENTURE HOLDINGS L 0.7 Equities Industrials China HKD 206,000 $1,309,524 $1,309,524
BKR UN BAKER HUGHES CO 0.7 Equities Energy United States USD 60,446 $1,271,953 $1,271,953
1605 JT INPEX CORP 0.6 Equities Energy Japan JPY 131,352 $1,106,393 $1,106,393
CXO UN CONCHO RESOURCES INC 0.6 Equities Energy United States USD 15,763 $1,076,829 $1,076,829
968 HK XINYI SOLAR HOLDINGS LTD 0.5 Equities Information Technology China HKD 638,000 $966,040 $966,040
OMV AV OMV AG 0.4 Equities Energy Austria EUR 17,484 $830,816 $830,816
IMO CT IMPERIAL OIL LTD 0.3 Equities Energy Canada CAD 25,848 $555,994 $555,994
135 HK KUNLUN ENERGY CO LTD 0.3 Equities Utilities China HKD 483,729 $504,734 $504,734
UGP UN ULTRAPAR PARTICIPACOES SA 0.2 Equities Energy Brazil USD 90,660 $449,263 $449,263
EUR EUR - EURO 0.2 Cash EUR 217,588 $352,883 $352,883
HKD HKD - HONG KONG DOLLAR 0.1 Cash HKD 753,540 $139,656 $139,656
CAD CAD - CANADA DOLLAR 0.1 Cash CAD 97,038 $102,621 $102,621
USD USD - UNITED STATES DOLLAR 0.0 Cash USD 55,671 $79,964 $79,964
CNY CNY - YUAN RENMINBI 0.0 Cash CNY 244,342 $50,181 $50,181
JPY JPY - JAPANESE YEN 0.0 Cash JPY 1,501,498 $20,120 $20,120
DKK DKK - DANISH KRONE 0.0 Cash DKK 52,286 $11,381 $11,381
NOK NOK - NORWEGIAN KRONE 0.0 Cash NOK 50,104 $7,594 $7,594
GBP GBP - BRITISH POUND 0.0 Cash GBP 2,739 $4,960 $4,960
KRW KRW - KOREAN WON Cash KRW 1 $0 $0
1812473D UN OCCIDENTAL PETROLEUM CORP Equities Energy United States USD 13,660
AUD AUD - AUSTRALIA DOLLAR FX Forwards AUD 182,903,620
CAD CAD - CANADA DOLLAR FX Forwards CAD -22,278,852
EUR EUR - EURO FX Forwards EUR -16,563,120
GBP GBP - BRITISH POUND FX Forwards GBP -17,572,176
HKD HKD - HONG KONG DOLLAR FX Forwards HKD -53,975,477
USD USD - UNITED STATES DOLLAR FX Forwards USD -62,575,391
Download CSV
* As at 9 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 -0.96% -0.75%
3 months 11.99% 12.86%
6 months -36.36% -34.63%
1 year -37.14% -35.04%
3 year p.a -10.23% -8.95%
5 year p.a - -5.61%
Since inception (p.a) -5.95% -4.78%
Inception date 16-Jun-16 -
* As at 30 June 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)
1-Jul-20 2-Jul-20 16-Jul-20 $0.06228 1.61%
2-Jan-20 3-Jan-20 17-Jan-20 $0.05031 0.96%
2-Jan-19 3-Jan-19 17-Jan-19 $0.07117 2.58%
2-Jul-18 3-Jul-18 17-Jul-18 $0.101 2.76%
2-Jan-18 3-Jan-18 17-Jan-18 $0.04264 4.20%
3-Jul-17 4-Jul-17 18-Jul-17 $0.18208 4.23%
3-Jan-17 4-Jan-17 18-Jan-17 $0.04849 -
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: FUEL

Download
Showing - of

RESOURCES

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

LEARN MORE ABOUT FUEL

Request an info pack