ETFS EURO STOXX 50® ETF
ASX Code: ESTX
ETFS EURO STOXX 50® ETF (ASX Code: ESTX) offers investors exposure to 50 blue-chip companies across the eurozone.
About ESTX
ESTX aims to provide investors with a return that, before fees and expenses, tracks the performance of the EURO STOXX 50® Index. The EURO STOXX 50® Index is designed to provide a blue-chip representation of supersector leaders from the eurozone. The index covers 50 stocks from 12 eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain.
ESTX uses a full-replication strategy to track the index, meaning that it holds all of the shares that make up the index, in proportion to their weights in the index. The fund is not currency hedged and so offers exposure to currency exchange movements between the euro and the Australian dollar.
Why consider ESTX
1
Cost-effective and simple exposure to the 50 largest companies across the eurozone.
2
Diversification into one of the world’s largest equity markets.
3
Liquidity – the EURO STOXX 50® Index is one of the most traded indices in the world.
FAQs
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.
Product Information
| NAV/Unit (A$) | 76.4519 |
| Date (NAV) | 21 Jun 2021 |
| Currency (NAV) | AUD |
| Shares outstanding | 777,226 |
| AUM (A$) | 59,420,369.74 |
| Fund inception date | 19 Jul 2016 |
| Management Costs (% p.a.) | 0.35 |
| Distribution Frequency | Semi-Annually |
| Currency Hedged | No |
| Domicile | Australia |
| Legal Form | Managed Investment Scheme |
| SMSF Eligible | Yes |
Trading Information
| ASX Code | ESTX |
| Bloomberg Code | ESTX AU Equity |
| ISIN | AU00000ESTX4 |
| SEDOL | BD03FR1 |
| IRESS | ESTX.AXW |
| Trading hours | 10:00AM – 4:00PM |
Management & Administration
| Issuer | ETFS Management (AUS) Limited |
| Custodian | JPMorgan Chase Bank N.A. (Sydney Branch) |
| Registrar | Computershare Investor Services Pty Limited |
Benchmark Information
| Benchmark | EURO STOXX 50® |
| Provider | STOXX Limited |
| Ticker | SX5T |
Allocation
Performance
Distributions
| Announcement date | 4 Jan 2021 |
| Ex-date | 31 Dec 2020 |
| Record date | 4 Jan 2021 |
| Payment date | 18 Jan 2021 |
| Distribution per unit (A$ cents) | 58.976394 |
| 12-month yield | 1.87% |
| 12-month franking level | 0.00% |
Announcements
Resources
| Documents | Date |
|---|---|
| Portfolio composition file - ETFS EURO STOXX 50® ETF | 22 Jun 2021 |
| Factsheet ESTX | 08 Jun 2021 |
| Condensed Financial Report - For the half-year ended 31 December 2020 | 11 Mar 2021 |
| ETFS Product Disclosure Statement | 14 Feb 2021 |
| Annual Financial Report - 30 June 2020 | 23 Sep 2020 |
