BetaShares Global Energy Companies ETF (FUEL)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106491-2023-01-06-02:20.pdf |
FUND MANAGER | BetaShares Capital |
ASX Code | FUEL* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | Aims to track the performance of global companies that are in the Energy sector (excluding companies listed in Australia). |
INVESTMENT PROFILE | The Fund will seek to achieve the investment objective by adopting a “full replication” strategy. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 16-06-2016 |
BENCHMARK | Nasdaq Global exAustralia Energy Hedged AUD Index |
FUND SIZE | Nasdaq Global exAustralia Energy Hedged AUD Index |
DISTRIBUTION FREQUENCY | Half yearly |
NO. OF HOLDINGS | Up to 60 |
FEES | 0.47% p.a. |
STRUCTURE |
Benefits
Benefits | FUEL provides investors with access to a diversified portfolio of the world’s leading energy companies in a single ASX trade. FUEL provides instant exposure to the performance of the largest energy companies globally, including Chevron, Exxon Mobil and Royal Dutch Shell. FUEL invests only in the most significant energy companies globally FUEL is a cost-effective investment option for those seeking exposure to the energy sector.
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RISK LEVEL | Very high |
INVESTOR SUITABILITY | FUEL can be used by investors for a variety of investment strategies, for example:
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Risks
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Detail |
Key Features
The investment objective of the BetaShares Global Energy Companies ETF - Currency Hedged is to provide an investment return that aims to track the performance of the Nasdaq Global exAustralia Energy Hedged AUD Index (the “Index”), before taking into account fees and expenses. The Index is designed to track the performance of global companies that are in the Energy sector (excluding companies listed in Australia). The Index is hedged to Australian dollars. The Nasdaq Global Hedged AUD Indexes are designed to represent returns for global investment strategies that involve hedging currency risk, but not the underlying constituent risk. These indexes aim to eliminate the effect of currency fluctuations in the index. |
Mandate
How we invest your moneyThe Fund will seek to achieve the investment objective by adopting a “full replication” strategy. To be eligible for initial inclusion in the Index, a security must meet the following criteria: • must be a member of the NASDAQ Global Large Cap Index (NQGLCI); Global stock exchanges are reviewed periodically for eligibility. In general, a global exchange will be deemed ineligible if securities cannot be readily obtained either due to foreign investment restrictions or otherwise.
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