Australian (ASX) Stock Market Forum

FUEL - BetaShares Global Energy Companies ETF - Currency Hedged

May 3, 2019
BetaShares is a leading manager of ETFs and other Funds that are traded on the Australian Securities Exchange (‘ASX’). Our aim is to provide intelligent investment solutions, which help Australian investors meet their financial objectives.

Investment Objective
The Fund aims to track the performance of an index (before fees and expenses) that provides
exposure to the largest global energy companies (excluding companies listed in Australia),
hedged into Australian Dollars.

Investment Strategy
The Fund invests in a passively managed, market-capitalisation weighted portfolio of large cap global energy companies. The portfolio is hedged to
Australian Dollars with the aim of eliminating the effect of currency fluctuations on portfolio performance.

Top 10 Exposures
Total S.A. 8.4%
Chevron Corp 8.3%
BP PLC 7.8%
Exxon Mobil Corp 7.5%
Royal Dutch Shell PLC (Class A) 6.3%
Enbridge Inc 5.2%
Royal Dutch Shell PLC (Class B) 4.0%
TC Energy Corp 3.9%
ConocoPhillips 3.2%
Kinder Morgan Inc/DE 2.8%

Sector Allocation

ΠIntegrated Oil & Gas 56.1%
ΠOil & Gas Storage & Transportation 16.4%
ΠOil & Gas Exploration & Production 11.6%
ΠOil & Gas Refining & Marketing 8.6%
ΠOil & Gas Equipment & Services 3.0%
ΠGas Utilities 1.9%
ΠHeavy Electrical Equipment 1.6%
ΠIndustrial Machinery 0.8%

Country Allocation
ΠUnited States 39.3%
ΠCanada 14.2%
ΠNetherlands 10.3%
ΠFrance 8.4%
ΠBritain 7.8%
ΠChina 5.2%
ΠItaly 3.5%
ΠBrazil 2.3%
ΠJapan 1.7%
ΠOther 7.1%

From attached PDF and


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