Global Energy Companies ETF - Currency Hedged | BetaShares
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OVERVIEW

About

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

  • Tactical exposure to the global energy 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 energy 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 energy companies from a broad range of global locations
  • Cost effective – Fund aims to track the performance of an index (no ‘active manager’ fees)
  • Large cap exposure – strategy invests only in the most significant energy 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 required no minimum investment

KEY FACTS

Pricing Information 24 September 2019

Current Price
Last Trade* $5.63
% Change (prev day) 0.9%
Bid (delayed) $5.18
Offer (delayed) $5.82
*Data is delayed by at least 20 minutes.
Download NAV history
NAV
NAV/Unit * $5.61
* As at 19 September 2019

Profile

Net Assets* ($A) $22,495,299
Units Outstanding* (#) 4,009,393
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
* 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 8.7
EXXON MOBIL CORP 8.1
ROYAL DUTCH SHELL PLC 6.9
BP PLC 6.6
TOTAL SA 6.6
ENBRIDGE INC 3.8
ROYAL DUTCH SHELL PLC 3.7
CONOCOPHILLIPS 3.6
PETROLEO BRASILEIRO SA 3.1
SUNCOR ENERGY INC 2.8
Ticker Name Weight (%) Asset Class Sector Country Currency Shares/Unit (#) Market Value (AUD) Notional Value (AUD)
CVX UN CHEVRON CORP 8.7 Equities Energy United States USD 10,677 $1,961,816 $1,961,816
XOM UN EXXON MOBIL CORP 8.1 Equities Energy United States USD 17,177 $1,829,912 $1,829,912
RDSA LN ROYAL DUTCH SHELL PLC 6.9 Equities Energy Netherlands GBP 35,871 $1,550,333 $1,550,333
BP/ LN BP PLC 6.6 Equities Energy Britain GBP 155,958 $1,498,518 $1,498,518
FP FP TOTAL SA 6.6 Equities Energy France EUR 18,492 $1,489,960 $1,489,960
ENB CT ENBRIDGE INC 3.8 Equities Energy Canada CAD 16,207 $847,381 $847,381
RDSB LN ROYAL DUTCH SHELL PLC 3.7 Equities Energy Netherlands GBP 19,496 $839,375 $839,375
COP UN CONOCOPHILLIPS 3.6 Equities Energy United States USD 9,052 $813,690 $813,690
PBR UN PETROLEO BRASILEIRO SA 3.1 Equities Energy Brazil USD 32,966 $708,433 $708,433
SU CT SUNCOR ENERGY INC 2.8 Equities Energy Canada CAD 13,386 $628,271 $628,271
SLB UN SCHLUMBERGER LTD 2.7 Equities Energy United States USD 10,976 $605,091 $605,091
TRP CT TC ENERGY CORP 2.5 Equities Energy Canada CAD 7,475 $571,623 $571,623
PSX UN PHILLIPS 66 2.4 Equities Energy United States USD 3,594 $548,555 $548,555
KMI UN KINDER MORGAN INC/DE 2.3 Equities Energy United States USD 17,167 $530,792 $530,792
ENI IM ENI SPA 2.3 Equities Energy Italy EUR 21,676 $513,645 $513,645
EOG UN EOG RESOURCES INC 2.3 Equities Energy United States USD 4,252 $509,033 $509,033
MPC UN MARATHON PETROLEUM CORP 1.9 Equities Energy United States USD 5,307 $432,184 $432,184
VLO UN VALERO ENERGY CORP 1.8 Equities Energy United States USD 3,342 $409,230 $409,230
OXY UN OCCIDENTAL PETROLEUM CORP 1.8 Equities Energy United States USD 6,055 $408,977 $408,977
CNQ CT CANADIAN NATURAL RESOURCES LTD 1.7 Equities Energy Canada CAD 9,493 $385,666 $385,666
OKE UN ONEOK INC 1.6 Equities Energy United States USD 3,271 $366,308 $366,308
WMB UN WILLIAMS COS INC/THE 1.6 Equities Energy United States USD 9,809 $358,233 $358,233
883 HK CNOOC LTD 1.4 Equities Energy China HKD 137,199 $325,524 $325,524
REP SQ REPSOL SA 1.3 Equities Energy Spain EUR 12,220 $282,765 $282,765
EQNR NO EQUINOR ASA 1.2 Equities Energy Norway NOK 9,365 $276,235 $276,235
PXD UN PIONEER NATURAL RESOURCES CO 1.2 Equities Energy United States USD 1,364 $270,824 $270,824
PPL CT PEMBINA PIPELINE CORP 1.1 Equities Energy Canada CAD 4,348 $241,340 $241,340
HAL UN HALLIBURTON CO 0.9 Equities Energy United States USD 7,075 $213,735 $213,735
VWS DC VESTAS WIND SYSTEMS A/S 0.9 Equities Industrials Denmark DKK 1,694 $203,793 $203,793
LNG UA CHENIERE ENERGY INC 0.9 Equities Energy United States USD 2,062 $203,640 $203,640
5020 JT JXTG HOLDINGS INC 0.9 Equities Energy Japan JPY 28,873 $198,805 $198,805
HES UN HESS CORP 0.9 Equities Energy United States USD 2,042 $198,194 $198,194
386 HK CHINA PETROLEUM & CHEMICAL COR 0.8 Equities Energy China HKD 205,015 $184,827 $184,827
NESTE FH NESTE OYJ 0.8 Equities Energy Finland EUR 3,671 $177,423 $177,423
FANG UW DIAMONDBACK ENERGY INC 0.7 Equities Energy United States USD 1,122 $160,556 $160,556
1605 JT INPEX CORP 0.6 Equities Energy Japan JPY 9,252 $134,758 $134,758
SRG IM SNAM SPA 0.6 Equities Energy Italy EUR 18,224 $132,770 $132,770
857 HK PETROCHINA CO LTD 0.6 Equities Energy China HKD 168,117 $131,904 $131,904
CXO UN CONCHO RESOURCES INC 0.6 Equities Energy United States USD 1,214 $131,394 $131,394
BHGE UN BAKER HUGHES A GE CO 0.6 Equities Energy United States USD 3,602 $125,586 $125,586
MRO UN MARATHON OIL CORP 0.5 Equities Energy United States USD 6,272 $122,177 $122,177
DVN UN DEVON ENERGY CORP 0.5 Equities Energy United States USD 3,148 $121,481 $121,481
APA UN APACHE CORP 0.5 Equities Energy United States USD 2,850 $108,676 $108,676
NOV UN NATIONAL OILWELL VARCO INC 0.5 Equities Energy United States USD 3,124 $104,164 $104,164
OMV AV OMV AG 0.4 Equities Energy Austria EUR 1,227 $99,563 $99,563
096770 KP SK INNOVATION CO LTD 0.4 Equities Energy South Korea KRW 449 $93,640 $93,640
384 HK CHINA GAS HOLDINGS LTD 0.4 Equities Utilities Hong Kong HKD 15,600 $88,267 $88,267
IMO CT IMPERIAL OIL LTD 0.4 Equities Energy Canada CAD 1,975 $79,665 $79,665
586 HK CHINA CONCH VENTURE HOLDINGS L 0.4 Equities Industrials China HKD 14,500 $79,171 $79,171
USD USD - United States Dollar 0.2 Cash USD 33,882 $50,077 $50,077
UGP US ULTRAPAR PARTICIPACOES SA 0.2 Equities Energy Brazil USD 6,289 $40,619 $40,619
AKERBP NO AKER BP ASA 0.2 Equities Energy Norway NOK 919 $39,697 $39,697
CLR UN CONTINENTAL RESOURCES INC/OK 0.2 Equities Energy United States USD 770 $38,830 $38,830
135 HK KUNLUN ENERGY CO LTD 0.2 Equities Energy China HKD 29,729 $38,745 $38,745
HSE CT HUSKY ENERGY INC 0.1 Equities Energy Canada CAD 2,570 $28,186 $28,186
GBP GBP - British Pound 0.1 Cash GBP 9,477 $17,477 $17,477
HKD HKD - Hong Kong Dollar 0.1 Cash HKD 83,040 $15,662 $15,662
AUD AUD - Australia Dollar 0.1 Cash AUD 15,494 $15,494 $15,494
CAD CAD - Canada Dollar 0.0 Cash CAD 9,928 $11,066 $11,066
DKK DKK - Danish Krone 0.0 Cash DKK 4,451 $971 $971
EUR EUR - Euro 0.0 Cash EUR 464 $756 $756
NOK NOK - Norwegian Krone 0.0 Cash NOK 3,763 $614 $614
KRW KRW - Korean Won Cash KRW 1 $0 $0
AUD AUD - Australia Dollar FX Forwards AUD 20,309,889 $20,309,889
CAD CAD - Canada Dollar FX Forwards CAD -2,359,383 -$2,629,718
EUR EUR - Euro FX Forwards EUR -1,544,727 -$2,515,432
GBP GBP - British Pound FX Forwards GBP -2,066,273 -$3,810,695
HKD HKD - Hong Kong Dollar FX Forwards HKD -4,164,352 -$785,416
USD USD - United States Dollar FX Forwards USD -7,166,448 -$10,591,853
JPY JPY - Japanese Yen 0.0 Cash JPY -9,692 -$133 -$133
Download CSV
* As at 20 September 2019

Sector Allocation

Integrated Oil & Gas
56.2%
Oil & Gas Storage & Transportation
15.2%
Oil & Gas Exploration & Production
14.4%
Oil & Gas Refining & Marketing
8.2%
Oil & Gas Equipment & Services
4.4%
Heavy Electrical Equipment
0.9%
Gas Utilities
0.4%
Industrial Machinery
0.3%
* As of 31 August 2019

Country Allocation

United States
46.5%
Canada
12.4%
Netherlands
10.8%
Britain
6.7%
France
6.5%
China
3.3%
Brazil
3.3%
Italy
2.9%
Japan
1.4%
Other
6.2%
* As of 31 August 2019

PERFORMANCE

Fund Returns After Fees (%)

  Fund Index
1 month -7.02% -6.82%
3 months -3.62% -3.33%
6 months -8.84% -8.46%
1 year -16.36% -15.77%
3 year p.a 2.05% 2.76%
5 year p.a - -3.19%
Since inception (p.a) 3.92% 4.58%
Inception date 16-Jun-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* (%) 1.3%
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 $0.07117 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 2018
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NRWT and Fund Payment Notice information – December 2018 distributions
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Notice of Modifications to Fund Constitution – AMIT Tax Regime
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Index methodology
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2018 Distribution Calendar
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Interim Financial Report 2018
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LEARN MORE ABOUT FUEL

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