Global Sustainability Leaders ETF – Currency Hedged
Overview
Fund objective
HETH aims to track the performance of an index (before fees and expenses) that includes a portfolio of large global stocks identified as “Climate Leaders” that have also passed screens to exclude companies with direct or significant indirect exposure to fossil fuels or engaged in activities deemed inconsistent with responsible investment considerations. HETH currently obtains its investment exposure by investing in the Betashares Global Sustainability Leaders ETF (ASX: ETHI), with the currency exposure hedged back to the Australian dollar.
Benefits
True-to-label
HETH combines positive climate leadership criteria with a broad set of ESG screens, offering investors a true-to-label ethical investment solution.
Diversified global exposure
HETH provides exposure to a diversified portfolio of large, sustainable, ethical companies from a range of global locations.
Currency-hedged
HETH is currency-hedged to the Australian dollar, which seeks to minimise the effect of currency fluctuations on returns.
Invest in HETH with Betashares Direct
RIAA
Certification
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Key facts
Profile
| Units outstanding* (#) | 38,969,473 |
|---|---|
| Management fee and cost** (p.a.) | 0.62% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | Link Market Services |
* As at 19 December 2024
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 19 December 2024 |
| NAV/Unit* | $14.54 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| Bloomberg code | HETH AU |
|---|---|
| IRESS code | HETH.AXW |
| Market makers | J.P. Morgan Securities Australia Limited |
Index information
| Index | NASDAQ Future Global Sustainability Leaders Currency Hedged AUD Index |
|---|---|
| Index provider | NASDAQ |
| Bloomberg index ticker | NQFGSLNH Index |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 5.04% | 5.09% |
| 3 months | 4.41% | 4.56% |
| 6 months | 9.95% | 10.31% |
| 1 year | 27.41% | 28.20% |
| 3 year p.a. | 7.03% | 7.73% |
| 5 year p.a. | - | 15.66% |
| 10 year p.a. | - | 14.08% |
| Since inception | 13.07% | 13.82% |
| Inception date | 20-Jul-20 | - |
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.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| APPLE INC | 5.7 |
| NVIDIA CORP | 5.7 |
| VISA INC | 4.4 |
| MASTERCARD INC | 4.2 |
| HOME DEPOT INC/THE | 3.9 |
| TOYOTA MOTOR CORP | 2.7 |
| ASML HOLDING NV | 2.0 |
| UNITEDHEALTH GROUP INC | 1.9 |
| SERVICENOW INC | 1.8 |
| AMERICAN EXPRESS CO | 1.8 |
Portfolio holdings information shows the direct investments of the Betashares Global Sustainability Leaders ETF (ETHI), the underlying fund into which HETH invests substantially all of its assets to obtain exposure to index constituents. It closely approximates HETH's percentage exposure to those investments. See the “Resources” section for HETH's direct holdings, which comprise holdings of units in ETHI, cash and forward currency positions.
Sector allocation
| Information Technology | 30.9% |
|---|---|
| Financials | 24.9% |
| Health Care | 14.7% |
| Consumer Discretionary | 14.3% |
| Industrials | 7.1% |
| Communication Services | 4.1% |
| Real Estate | 3.1% |
| Utilities | 0.4% |
| Materials | 0.3% |
| Consumer Staples | 0.2% |
* As of 29 November 2024
Country allocation
| United States | 81.7% |
|---|---|
| Japan | 6.9% |
| Netherlands | 3.0% |
| Denmark | 1.7% |
| Britain | 1.7% |
| Canada | 1.4% |
| Finland | 1.0% |
| Switzerland | 0.6% |
| France | 0.6% |
| Other | 1.4% |
* As of 29 November 2024
Distributions
Frequency and yield
| Distribution frequency | Semi-annual |
|---|---|
| 12 mth distribution yield* | 2.4% |
*As at 29 November 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 | $0.32979 | 3.11% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.037035 | 4.64% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.440339 | 4.51% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | $0.029631 | 0.21% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | - | 0.11% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | $0.017533 | 7.12% |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.7413 | 7.06% |
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.019516 | - |
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