Global Energy Companies ETF - Currency Hedged

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 12 November 2019

Current Price
Last Trade*	$5.66
% Change (prev day)	0.18%
Bid (delayed)	$5.64
Offer (delayed)	$5.82

*Data is delayed by at least 20 minutes.

Download NAV history

NAV
NAV/Unit *	$5.66

* As at 8 November 2019

Profile

Net Assets* ($A)	$75,941,203
Units Outstanding* (#)	13,409,393
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 8 November 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

Top 10 All

Name	Weight (%)
EXXON MOBIL CORP	7.6
CHEVRON CORP	7.6
TOTAL SA	7.2
ROYAL DUTCH SHELL PLC	7.1
BP PLC	6.8
ENBRIDGE INC	4.1
ROYAL DUTCH SHELL PLC	4.0
PETROLEO BRASILEIRO SA	3.6
CONOCOPHILLIPS	3.5
PHILLIPS 66	3.0

Ticker	Name	Weight (%)	Asset Class	Sector	Country	Currency	Shares/Unit (#)	Market Value (AUD)	Notional Value (AUD)
XOM UN	EXXON MOBIL CORP	7.6	Equities	Energy	United States	USD	56,209	$5,771,885	$5,771,885
CVX UN	CHEVRON CORP	7.6	Equities	Energy	United States	USD	32,698	$5,766,782	$5,766,782
FP FP	TOTAL SA	7.2	Equities	Energy	France	EUR	69,024	$5,493,679	$5,493,679
RDSA LN	ROYAL DUTCH SHELL PLC	7.1	Equities	Energy	Netherlands	GBP	123,013	$5,377,447	$5,377,447
BP/ LN	BP PLC	6.8	Equities	Energy	Britain	GBP	544,700	$5,179,296	$5,179,296
ENB CT	ENBRIDGE INC	4.1	Equities	Energy	Canada	CAD	56,410	$3,108,027	$3,108,027
RDSB LN	ROYAL DUTCH SHELL PLC	4.0	Equities	Energy	Netherlands	GBP	69,771	$3,041,491	$3,041,491
PBR UN	PETROLEO BRASILEIRO SA	3.6	Equities	Energy	Brazil	USD	116,516	$2,721,542	$2,721,542
COP UN	CONOCOPHILLIPS	3.5	Equities	Energy	United States	USD	30,943	$2,661,098	$2,661,098
PSX UN	PHILLIPS 66	3.0	Equities	Energy	United States	USD	13,300	$2,299,055	$2,299,055
SLB UN	SCHLUMBERGER LTD	2.9	Equities	Energy	United States	USD	41,009	$2,179,763	$2,179,763
SU CT	SUNCOR ENERGY INC	2.9	Equities	Energy	Canada	CAD	46,127	$2,163,857	$2,163,857
TRP CT	TC ENERGY CORP	2.5	Equities	Energy	Canada	CAD	26,276	$1,932,724	$1,932,724
MPC UN	MARATHON PETROLEUM CORP	2.5	Equities	Energy	United States	USD	19,520	$1,872,495	$1,872,495
KMI UN	KINDER MORGAN INC/DE	2.3	Equities	Energy	United States	USD	59,743	$1,739,088	$1,739,088
ENI IM	ENI SPA	2.3	Equities	Energy	Italy	EUR	75,432	$1,717,633	$1,717,633
VLO UN	VALERO ENERGY CORP	2.2	Equities	Energy	United States	USD	11,550	$1,697,597	$1,697,597
EOG UN	EOG RESOURCES INC	2.1	Equities	Energy	United States	USD	14,807	$1,595,697	$1,595,697
CNQ CT	CANADIAN NATURAL RESOURCES LTD	1.8	Equities	Energy	Canada	CAD	32,775	$1,333,925	$1,333,925
OXY UN	OCCIDENTAL PETROLEUM CORP	1.7	Equities	Energy	United States	USD	22,190	$1,259,485	$1,259,485
OKE UN	ONEOK INC	1.5	Equities	Energy	United States	USD	11,388	$1,162,407	$1,162,407
WMB UN	WILLIAMS COS INC/THE	1.5	Equities	Energy	United States	USD	34,142	$1,100,519	$1,100,519
883 HK	CNOOC LTD	1.4	Equities	Energy	China	HKD	476,199	$1,094,465	$1,094,465
REP SQ	REPSOL SA	1.4	Equities	Energy	Spain	EUR	43,615	$1,055,950	$1,055,950
EQNR NO	EQUINOR ASA	1.2	Equities	Energy	Norway	NOK	32,582	$928,016	$928,016
PXD UN	PIONEER NATURAL RESOURCES CO	1.2	Equities	Energy	United States	USD	4,609	$899,192	$899,192
VWS DC	VESTAS WIND SYSTEMS A/S	1.1	Equities	Industrials	Denmark	DKK	5,898	$797,470	$797,470
PPL CT	PEMBINA PIPELINE CORP	1.0	Equities	Energy	Canada	CAD	15,154	$788,296	$788,296
HAL UN	HALLIBURTON CO	1.0	Equities	Energy	United States	USD	24,674	$765,434	$765,434
HES UN	HESS CORP	1.0	Equities	Energy	United States	USD	6,952	$738,840	$738,840
5020 JT	JXTG HOLDINGS INC	0.9	Equities	Energy	Japan	JPY	98,773	$680,774	$680,774
NESTE FH	NESTE OYJ	0.9	Equities	Energy	Finland	EUR	12,773	$649,966	$649,966
LNG UA	CHENIERE ENERGY INC	0.9	Equities	Energy	United States	USD	7,233	$648,753	$648,753
386 HK	CHINA PETROLEUM & CHEMICAL COR	0.8	Equities	Energy	China	HKD	673,015	$575,033	$575,033
BKR UN	BAKER HUGHES A GE CO	0.7	Equities	Energy	United States	USD	16,938	$549,187	$549,187
SRG IM	SNAM SPA	0.6	Equities	Energy	Italy	EUR	63,417	$469,294	$469,294
CXO UN	CONCHO RESOURCES INC	0.6	Equities	Energy	United States	USD	4,353	$458,749	$458,749
1605 JT	INPEX CORP	0.6	Equities	Energy	Japan	JPY	32,052	$456,372	$456,372
FANG UW	DIAMONDBACK ENERGY INC	0.6	Equities	Energy	United States	USD	3,819	$428,063	$428,063
857 HK	PETROCHINA CO LTD	0.6	Equities	Energy	China	HKD	594,117	$426,713	$426,713
OMV AV	OMV AG	0.5	Equities	Energy	Austria	EUR	4,270	$371,424	$371,424
384 HK	CHINA GAS HOLDINGS LTD	0.5	Equities	Utilities	Hong Kong	HKD	54,200	$343,780	$343,780
096770 KP	SK INNOVATION CO LTD	0.4	Equities	Energy	South Korea	KRW	1,563	$315,200	$315,200
586 HK	CHINA CONCH VENTURE HOLDINGS L	0.4	Equities	Industrials	China	HKD	50,500	$285,925	$285,925
IMO CT	IMPERIAL OIL LTD	0.3	Equities	Energy	Canada	CAD	6,530	$255,177	$255,177
UGP US	ULTRAPAR PARTICIPACOES SA	0.2	Equities	Energy	Brazil	USD	21,921	$158,087	$158,087
135 HK	KUNLUN ENERGY CO LTD	0.2	Equities	Energy	China	HKD	117,729	$157,692	$157,692
CLR UN	CONTINENTAL RESOURCES INC/OK	0.2	Equities	Energy	United States	USD	2,554	$118,342	$118,342
USD	USD - United States Dollar	0.1	Cash			USD	72,078	$105,224	$105,224
GBP	GBP - British Pound	0.1	Cash			GBP	43,602	$81,822	$81,822
HKD	HKD - Hong Kong Dollar	0.0	Cash			HKD	165,902	$30,950	$30,950
AUD	AUD - Australia Dollar	0.0	Cash			AUD	22,862	$22,862	$22,862
JPY	JPY - Japanese Yen	0.0	Cash			JPY	849,839	$11,378	$11,378
NOK	NOK - Norwegian Krone	0.0	Cash			NOK	20,720	$3,312	$3,312
CAD	CAD - Canada Dollar	0.0	Cash			CAD	2,110	$2,328	$2,328
EUR	EUR - Euro	0.0	Cash			EUR	423	$681	$681
DKK	DKK - Danish Krone	0.0	Cash			DKK	2,605	$562	$562
KRW	KRW - Korean Won		Cash			KRW	1	$0	$0
AUD	AUD - Australia Dollar		FX Forwards			AUD	70,684,011		$70,684,011
CAD	CAD - Canada Dollar		FX Forwards			CAD	-8,314,379		-$9,172,969
EUR	EUR - Euro		FX Forwards			EUR	-5,953,533		-$9,590,098
GBP	GBP - British Pound		FX Forwards			GBP	-7,261,502		-$13,626,643
HKD	HKD - Hong Kong Dollar		FX Forwards			HKD	-15,294,570		-$2,853,252
USD	USD - United States Dollar		FX Forwards			USD	-24,407,333		-$35,631,143

Download CSV

* As at 11 November 2019

Sector Allocation

Integrated Oil & Gas	56.4%
Oil & Gas Storage & Transportation	15.5%
Oil & Gas Exploration & Production	12.9%
Oil & Gas Refining & Marketing	9.2%
Oil & Gas Equipment & Services	4.4%
Heavy Electrical Equipment	0.9%
Gas Utilities	0.4%
Industrial Machinery	0.4%

* As of 30 September 2019

Country Allocation

United States	44.6%
Canada	12.7%
Netherlands	11.2%
France	7.2%
Britain	6.9%
Brazil	3.5%
China	3.4%
Italy	2.9%
Japan	1.4%
Other	6.1%

* As of 30 September 2019

PERFORMANCE

Fund Returns After Fees (%)

	Fund	Index
1 month	-1.81%	-1.76%
3 months	-4.36%	-3.97%
6 months	-7.99%	-7.67%
1 year	-8.46%	-7.64%
3 year p.a	1.72%	2.35%
5 year p.a	-	-0.50%
Since inception (p.a)	4.59%	5.28%
Inception date	16-Jun-16	-

* As at 31 October 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 30 September 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	-

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	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 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

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