BetaShares EEU ETF (ASX:EEU)

The BetaShares EEU ETF provides investors with exposure to the change in price of the Euro, relative to the Australian dollar.

EEU share price & data

Ticker code: EEU
Yearly fee (MER): 0.45%
FUM: $10.60 million
Monthly spread: 0.16%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the EEU invest in?

EEU invests in Euro-denominated bank deposit accounts, held by JP Morgan Chase Bank. Any interest earned on the deposits will accrue to the benefit of the ETF. An investor would expect to profit from the EEU ETF, when the AUD/EUR exchange rate goes down (i.e. when the Australian dollar falls in value against the Euro).

What do investors use EEU for?

Investors could use the BetaShares EEU ETF to profit from a view that the Euro will strengthen relative to the Australian dollar, or to hedge against Euro currency risk for those who are exposed to movements in AUD/Euro exchange rates.

EEU dividend information

Distributions

Fund Issuer

BetaShares is one of Australia’s largest ETF issuers, by the number of ETFs issued on the ASX and total funds under management (FUM).

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

FUM

If an ETF has a small amount of funds under management or FUM (meaning, the amount of money invested in the ETF), it risks being closed by the fund manager.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Link Market Services is the second-largest share registry in Australia and operates from offices in 11 countries throughout Australasia, Asia, Africa, the Middle East and Europe.

Sector Information

Best ETFs Australia buckets all Euro ETFs in this sector.

Looking for something better?

This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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