Electric Vehicles and Future Mobility ETF
- International shares
Exposure to a portfolio of leading global innovators in automotive technology
Overview
Fund objective
DRIV aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of global companies at the forefront of innovation in automotive technology.
Benefits of DRIV
-
Access the growth potential of the automotive technology revolution
Sales of electric vehicles are projected to grow strongly in coming years, while the transition to smarter vehicles is likely to significantly increase the use of semi-conductors and high-tech componentry in cars.
-
Exposure to leading global automotive technology innovators
DRIV provides exposure to up to 50 of the world’s leading automotive technology companies, including Tesla, NIO, Aptiv and Volvo.
-
Convenient, cost-effective exposure to automotive technology innovation
With management costs of only 0.67% p.a. (or $67 for every $10,000 invested), DRIV provides cost-effective exposure to the growth potential of the electric vehicles and automotive technology thematic in a single ASX trade.*
* Certain additional costs apply. Please refer to PDS.
There are risks associated with an investment in DRIV, including market risk, sector risk, international investment risk and concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like any share on the ASX.
- Fund requires no minimum investment.
Key facts
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
* Data is delayed by at least 20 minutes.
| NAV | |
|---|---|
| NAV/Unit* | $8.23 |
* As at 20 November 2024
Profile
| Net assets* ($A) | $11,337,290 |
|---|---|
| Units outstanding* (#) | 1,377,790 |
| Management fee and cost** (p.a.) | 0.67% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | Link Market Services |
* As at 20 November 2024
* As of close of previous day**Certain additional costs apply. Please refer to PDS.
Trading information
| ASX code | DRIV |
|---|---|
| Bloomberg code | DRIV AU |
| IRESS code | DRIV.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Solactive Future Mobility Index |
|---|---|
| Index provider | Solactive AG |
| Index ticker | N/A |
| Bloomberg index ticker | SOLFMOBN Index |
Holdings & allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| TESLA INC | 11.9% |
| PACCAR INC | 8.9% |
| BYD CO LTD | 7.7% |
| VOLVO AB | 7.7% |
| DAIMLER TRUCK HOLDING AG | 4.9% |
| VOLKSWAGEN AG | 3.8% |
| APTIV PLC | 3.4% |
| SUMITOMO ELECTRIC INDUSTRIES L | 3.3% |
| LI AUTO INC | 3.3% |
| TEXAS INSTRUMENTS INC | 3.0% |
* As at 20 November 2024. Excludes cash
Sector allocation
| Automobile Manufacturers | 35.0% |
|---|---|
| Construction & Transport Machinery | 23.7% |
| Automotive Parts & Equipment | 14.2% |
| Semiconductors | 13.4% |
| Electrical Components & Equipment | 6.1% |
| Electronic Components | 2.8% |
| Commodity Chemicals | 2.6% |
| Heavy Electrical Equipment | 0.7% |
| Oil & Gas Refining & Marketing | 0.6% |
| Other | 0.9% |
* As of 31 October 2024
Country allocation
| United States | 37.1% |
|---|---|
| China | 19.8% |
| Germany | 14.4% |
| Sweden | 10.3% |
| South Korea | 8.6% |
| Japan | 3.8% |
| France | 2.5% |
| Singapore | 2.0% |
| Other | 1.4% |
* As of 31 October 2024
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 0.42% | 0.42% |
| 3 months | -1.21% | -1.20% |
| 6 months | -2.41% | -2.34% |
| 1 year | 0.96% | 1.57% |
| 3 year p.a. | - | -10.63% |
| 5 year p.a. | - | 8.87% |
| 10 year p.a. | - | - |
| Since inception (p.a.) | -11.11% | -10.63% |
| Inception date | 13-Dec-21 | - |
* As at 31 October 2024.
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.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| 12 mth distribution yield* | 1.6% |
|---|
*As at 31 October 2024. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select ‘Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.129699 | 1.38% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | - | 1.39% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.111701 | 1.34% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | - | 0.32% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | $0.042748 | - |
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. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.