$Global Energy Companies ETF(FUEL.AU)$ aims to track the performance of an index that comprises of the largest global energy companies, hedged into Australian dollars.
In just 1 trade you gain access to the world's largest energy companies like Exxon Mobil, Chevron, Shell and many others.
The Top 10 holdings include Exxon Mobil, Chevron Corp, Shell, ConocoPhillips, Total Energies, Enbridge Inc, BP, EOG Resources, Occidental Petroleum and TC Energy.
Country Allocation
USA at 54%, Canada at 14%, Netherlands at 8%, France at 7%, UK at 4%, China at 3%, Brazil at 3%, Norway at 2%, Italy at 2% and Others at 4%.
Management Costs is 0.57% per annum.
Dividends are paid half yearly. The current dividend yield is 4.14%.
$Global Energy Companies ETF(FUEL.AU)$ is diversified and minimises your risk on single stocks. Best of all it is a simple, low cost way to invest in this hot commodity and get paid dividends every 6 months as well.
With the ongoing Ukraine war, the ban by US and its allies on Russian oil, the demand for oil far exceeds its supply.
$Global Energy Companies ETF(FUEL.AU)$ is a defensive play and a great hedge against high inflation too.
@Daily_Discussion@TigerStars@CaptainTiger@MillionaireTiger@Tiger_AU@ASX_Stars
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