BetaShares FUEL ETF (ASX:FUEL)
The BetaShares FUEL ETF provides investors with exposure to the performance of the largest energy companies around the world, hedged into Australian dollars.
What does the FUEL invest in?
The BetaShares FUEL ETF invests in a portfolio of more than 50 large-cap global energy companies. Think big names in the energy space such as Chevron, Exxon Mobil, BP, and Royal Dutch Shell. You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process. ETFs are an effective way to invest in a specific investment strategy through a single trade.
What do investors use FUEL for?
FUEL could be used by investors looking for tactical exposure to the performance of the largest and most significant global energy companies, while reducing currency risk through hedging strategies.
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