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BetaShares Australian Resources Sector ETF (QRE)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100894-2023-01-06-02:20.pdf
FUND MANAGER BetaShares Capital
ASX Code QRE*
APIR
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE The Fund provides exposure to the largest companies involved in the resources sector listed on the ASX.
INVESTMENT PROFILE The Fund aims to provide an investment return that tracks the performance of the Benchmark before taking into account fees and expenses.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 10-12-2010
BENCHMARK Solactive Australia Resources Sector Index
FUND SIZE Solactive Australia Resources Sector Index
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS 30-40
FEES 0.34% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the BetaShares Australian Resources Sector ETF

  • Diversification - with a single trade, investors can get exposure to the entire universe of companies in the Australian resources sector
  • Cost effective - Fund tracks the performance of an index (no active manager' fees)
  • Transparent - portfolio holdings, value of the Fund's assets and net asset value per unit available daily on our website
  • Liquidity - available to trade on the ASX like any share

RISK LEVEL very high risk/return profile
INVESTOR SUITABILITY

This product is likely to be appropriate for a consumer seeking capital growth and income distributions by providing exposure to the largest ASX-listed companies in the resources sector, to be used as a satellite/small component of a broader Australian equities allocation, or a tactical exposure to the Australian resources sector, within a portfolio where the consumer has a medium to long investment timeframe (5+ years), very high risk/return profile and needs daily access to capital. 

Risks

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Detail

Key Features

About the Fund

  • Provides simple and transparent exposure to the Australian Resources sector
  • With a single trade, investors can get exposure to the entire universe of stocks in the index
  • Holds the largest resources stocks on ASX, including BHP, RIO and Woodside
  • Resources sector heavily leveraged to the growth of emerging markets such as China and India
  • Benefit from dividends and franking credits from underlying stocks

Investment Objective

The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to the largest companies involved in the resources sector listed on the ASX.

How to use this ETF in your portfolio

  1. The Fund can be used to implement a variety of investment strategies. For example:
  2. A core component of a domestic equities allocation providing transparency and diversification benefits
  3. Tactical exposure to the Australian resources sector
  4. Sector rotation - overweighting a portfolio to the resources sector to take advantage of prevailing market conditions

Mandate

How we invest your money

The investment objective of the BetaShares Australian Resources Sector ETF is to provide an investment return that tracks the performance of the Solactive Australia Resources Sector Index (the "Index), before taking into account fees and expenses.

The Solactive Australia Resources Sector Index is a subset of the Solactive Australia 200 Index and comprises the shares of the largest companies involved in the resources industry listed on the ASX. The resources industry includes a broad range of companies involved in the extraction and production of metals and minerals (including base metals, precious metals (such as gold), other metals and minerals, iron ore and other steel-related ores) and the energy sector (including oil and gas production, oil refining, contract drilling, coal and other consumable fuels related to the generation of energy, and energy equipment and services).

The constituents of the Index are derived from the eligible pool of securities within the Solactive Australia 200 Index, an index which generally comprises 200 of the largest securities by float- adjusted market capitalisation and liquidity listed on the ASX. All securities that are part of the Solactive Australia 200 Index and are classified as being in the resources sector according o their Factset sub-industry classification are included in the Index.

The Index employs a free-float adjusted market capitalisation weighted methodology that adjusts for the percentage of a company's shares that are publicly available for trading. Under the methodology, the weighting of each constituent in the Index is determined by the float-adjusted market capitalisation assigned to the security.

The Index rebalances quarterly in March, June, September and December. Index changes take effect after the close of trading on the third Friday in the relevant month.

Solactive may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity. The nature and method of calculation of the Index may change from time to time.

The Index Provider is not a related company of the Responsible Entity.

Further information on the Index will be available on the Solactive website at www.solactive.com and sub-pages.