BetaShares, a leading Australian manager of exchange traded funds, today announced the launch of Australia’s first Global Energy Companies ETF, which will trade under the ASX code “FUEL”.
FUEL provides simple, cost-effective and transparent exposure to the largest companies in the global Energy sector such as Exxon, Chevron, Royal Dutch Shell, BP and Total. The fund is hedged to the Australian dollar, which substantially removes the impact of currency fluctuations from the Fund’s investment performance.
FUEL is the first fund launch from BetaShares’ Global Sectors Series – a family of ETFs designed to provide investors with exposure to some of the world’s most important industry sectors. The other funds, to be launched in the coming months, track leading global companies across agriculture, healthcare, gold and bank (ex-Australia) sectors, respectively.
Alex Vynokur, Managing Director of BetaShares said the comprehensive family of sector ETFs is being launched in response to strong investor demand for diversification through international exposure.
“According to the BetaShares / Investment Trends ETF Report 2015, access to overseas markets is the second most important reason individual investors seek out ETFs, after diversification domestically.
“FUEL answers this demand head on by allowing investors to tap into global energy powerhouses, and to access this key global sector in a convenient and cost effective way. The oil industry has been experiencing one of the deepest downturns in recent times. FUEL invests in the strongest global players in the energy sector, which may provide Australian investors with an opportunity to diversify their portfolios and benefit from an eventual recovery.
“The launch of our Global Sector ETFs, together with the recent funds developed in alliance with AMP Capital, which provide exposure to the global property and global infrastructure securities, means that BetaShares is well positioned to provide investors and their advisers with the broadest range of global sector funds available on ASX,” Mr Vynokur concluded.
|Cash & Fixed Income ETFs||Australian High Interest Cash ETF||AAA|
|Commodity ETFs||Agriculture ETF – Currency Hedged (Synthetic)||QAG|
|Commodities Basket ETF – Currency Hedged (Synthetic)||QCB|
|Crude Oil Index ETF – Currency Hedged (Synthetic)||OOO|
|Gold Bullion ETF – Currency Hedged||QAU|
|Currency ETFs||British Pound ETF||POU|
|U.S. Dollar ETF||USD|
|Equities ETFs||FTSE RAFI Australia 200 ETF||QOZ|
|Financials Sector ETF||QFN|
|Resources Sector ETF||QRE|
|Equity Income Funds||Australian Dividend Harvester Fund (managed fund)||HVST|
|Equity Yield Maximiser Fund (managed fund)||YMAX|
|Geared Funds||Geared Australian Equity Fund (hedge fund)||GEAR|
|Geared US Equity Fund – Currency Hedged (hedge fund)||GGUS|
|International Funds||FTSE RAFI U.S. 1000 ETF||QUS|
|Global Energy Companies – Currency Hedged||FUEL|
|NASDAQ 100 ETF||NDQ|
|S&P 500 Yield Maximiser Fund (managed fund)||UMAX|
|WisdomTree Europe ETF – Currency Hedged||HEUR|
|WisdomTree Japan ETF – Currency Hedged||HJPN|
|Managed Risk Funds||Managed Risk Australian Share Fund (managed fund)||AUST|
|Managed Risk Global Share Fund (managed fund)||WRLD|
|Short Funds||Australian Equities Bear Hedge Fund||BEAR|
|Australian Equities Strong Bear Hedge Fund||BBOZ|
|US Equities Strong Bear Hedge Fund – Currency Hedged||BBUS|
|Active||AMP Capital Global Infrastructure Securities Fund (Unhedged) (Managed Fund)||GLIN|
|AMP Capital Global Property Securities Fund (Unhedged) (Managed Fund)||RENT|