ESTX

Companies in ESTX are weighted by free-float market capitalisation.

ESTX is not currency hedged and investors are exposed to the currency exchange movements between the euro and the Australian dollar.

Companies are identified for inclusion on the basis of free-float market capitalisation and listing in 12 specific eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The 50 largest companies by free-float market capitalisation are then selected for inclusion.

ESTX can be used within the core component of a portfolio as an exposure towards Europe. It can also be used in the satellite component as a tactical tilt towards the eurozone or towards European large-capitalisation stocks.

ESTX invests in companies within the eurozone only, excluding European countries such as the UK. Investing in the eurozone only means that ESTX is only exposed to a single currency; the movements of the euro to the Australian dollar. ESTX invests in blue-chip companies only and does not have any mid- or small-capitalisation exposure.

ESTX allows investors to diversify their portfolio internationally into a market significantly larger than Australia. Not only does investing in the eurozone provide international diversification, but it also provides significant sector diversification against the financial and resource-heavy Australian market. ESTX invests in 50 high-quality blue-chip companies with global revenue streams.

The EURO STOXX 50® Index is one of the most traded indices across global equity markets and is therefore highly liquid.

No. ESTX is an Australian domiciled fund and therefore does not require the completion of any W-8 BEN tax forms.

Yes. ESTX pays semi-annual distributions in June and December.