- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Indepth analysis of ASX listed shares
- BUY, Hold and Sell Recommendations
- Ideas Lab
- Special Reports
- Alan Kohler’s Weekend Briefing
- Interviews with CEO’s & top influencers
- Money Cafe and Talking Finance
- Super Advice and Q&A with Ask Alan
Betashares Geared Australian Equity Fund (ASX: GEAR) - Share Price and Research
Current share price for GEAR : $23.780 0.49 (2.10%)
Betashares Geared Australian Equity Fund (GEAR) is a hedge fund managing investment fund whose units will trade on the ASX, much like ordinary shares. The investment objective of the Fund is to provide investors with a simple way to obtain cost-effective geared exposure to the returns of the Australian share market. The responsible entity of the fund is BetaShares Capital Ltd.
GEAR General Information +
| ASX Code | GEAR |
| Website | http://www.betashares.com.au |
| Industry/Sector | Asset Management & Custody Banks |
| Market Cap ($M) | 444 |
| GEAR Share Price | $23.780 |
| Day High | $23.780 |
| Day Low | $23.430 |
| Last Close | $23.290 |
| GEAR Share Price Movement | $0.49 ( 2.10% ) |
GEAR Related Research
Exchange Traded Fund Description
Betashares Geared Australian Equity Fund (GEAR) Upcoming Dividends & Yields
| Distribution Type | Dividend | Franking | Ex-dividend date | Payment date | Current Price+ | Price 7D Avg | Dividend Yield |
|---|---|---|---|---|---|---|---|
| HFResult | 25.08¢ | 284.12% | 3 Jul 2023 | 18 Jul 2023 | $23.780 | $22.950 | - |
| Result | 94.69¢ | 83.66% | 3 Jan 2023 | 18 Jan 2023 | $23.780 | $22.950 | - |
| HFResult | $2.07 | 66.38% | 1 Jul 2022 | 18 Jul 2022 | $23.780 | $22.950 | - |
See all dividends from Betashares Geared Australian Equity Fund (GEAR) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.
Betashares Geared Australian Equity Fund (GEAR) Recent ASX Announcements
| Headline | Annoucement date/time+ | Price at announcement+ | Current price+ | Price 7D Avg | Gain/Loss |
|---|---|---|---|---|---|
| Units on Issue Disclosure - October 2023 | 6 Nov 2023 3:54PM | $22.700 | $23.780 | $22.950 | risen by 4.76% |
| Units on Issue Disclosure - Sep 2023 | 5 Oct 2023 3:25PM | $22.380 | $23.780 | $22.950 | risen by 6.26% |
| Annual Report | 28 Sep 2023 5:48PM | $23.110 | $23.780 | $22.950 | risen by 2.90% |
- + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.
See all ASX announcements from Betashares Geared Australian Equity Fund (GEAR) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.
GEAR Financial Summary
| Year to Jun | NPAT | EPS | EPS chg (%) | PER | DPS | Yield (%) | Franking (%) |
|---|---|---|---|---|---|---|---|
| 2022A | -$51.28 | -$348.70 | -130.00% | 0.00 | 336.80 | 12.30% | 73.8% |
| 2021A | $132.81 | $1,162.20 | -1,599.90% | 1.90 | 108.60 | 4.90% | 76.5% |
| 2020A | -$8.89 | -$77.50 | -112.50% | 0.00 | 125.90 | 5.40% | 77.2% |
GEAR Peer Comparison
| Company | Mkt Cap | EPS Growth (%) | P/E (%) | Dividend Yield (%) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 A | 2021 A | 2022 A | 2020 A | 2021 A | 2022 A | 2020 A | 2021 A | 2022 A | ||
| Betashares Geared Australian Equity Fund (GEAR) | $445M | -1.3000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 14.14% | 0.00% | 0.00% |
| Insignia Financial (IFL) | $1,447M | -0.1203 | -0.0900 | 0.1530 | 7.5715 | 8.3206 | 7.2165 | 8.57% | 7.60% | 8.76% |
| Netwealth Group (NWL) | $3,619M | 0.1948 | 0.1638 | 0.2087 | 53.8489 | 46.2715 | 38.2808 | 1.62% | 1.88% | 2.31% |
| Pinnacle Investment Management Group (PNI) | $1,851M | -0.0127 | -0.0136 | 0.1739 | 23.3846 | 23.7068 | 20.1949 | 3.95% | 3.80% | 3.96% |
| Perpetual (PPT) | $2,578M | -0.2217 | 0.1503 | 0.0842 | 13.5813 | 11.8065 | 10.8899 | 5.27% | 6.15% | 7.03% |
GEAR Market Comparison
| Earnings | P/E Ratio | P/B Ratio | P/E Growth | |
|---|---|---|---|---|
| Company | 0.00 | 0.00 | 1.20 | 0.00 |
| Market | 0.47 | 14.60 | 1.12 | 0.76 |
| Sector | 0.39 | 13.10 | 0.99 | 0.84 |
GEAR Directors
| Name | Position | Start Date |
|---|---|---|
| Mr David Nathanson | Executive Director | 21 Sep 2009 |
| Mr Alex Vynokur | Executive Director | 21 Sep 2009 |
| Mr Edward Sippel | Non-Executive Director | 5 Mar 2021 |
| Mr Jungho Rhee | Non-Executive Director | 1 Sep 2018 |
| Mr Young Hwan Kim | Non-Executive Director | 7 Feb 2020 |
| Mr Jason Gellert | Non-Executive Director | 5 Mar 2021 |
Betashares Geared Australian Equity Fund (GEAR) Changes in Directors' Interest & Trades
There are no directors' trades from Betashares Geared Australian Equity Fund (GEAR). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.
FAQs about Betashares Geared Australian Equity Fund (GEAR)
Betashares Geared Australian Equity Fund's (GEAR) current share price is $23.78. This constitutes a price movement of 3.62% when compared to the share price 7 days ago and is -11.70% below GEAR's 12-month high of $26.93 per share. Prices are delayed by at least 20 minutes.
Relative to the previous close share price of $23.29, Betashares Geared Australian Equity Fund's (GEAR) current share price of $23.78 constitutes a movement of $0.49 or 2.10%. Betashares Geared Australian Equity Fund's (GEAR) share price movement is 3.62% when compared to 7 days ago and is -11.70% below GEAR's 52-week high of $26.93.
Betashares Geared Australian Equity Fund's (GEAR) 52-week high is $26.93 which was reached on 3 Feb 2023. Relative to this, GEAR's current share price of $23.78 constitutes a -$3.15 or -11.70% drop since that high of $26.93 per GEAR share.
Betashares Geared Australian Equity Fund's (GEAR) 52-week low is $20.98 which was reached on 30 Oct 2023. Relative to this, GEAR's current share price of $23.78 constitutes a $2.80 or 13.35% gain since that low of $20.98 per GEAR share.
Betashares Geared Australian Equity Fund (GEAR) last distribution or dividend was $0.25 per share and was paid on 18 Jul 2023. This last GEAR distribution or dividend included 284.12% franking.
Upcoming ex-distribution date: 3 Jul 2023
Upcoming record date: 4 Jul 2023
Upcoming payment date: 18 Jul 2023
ETFs, such as Betashares Geared Australian Equity Fund (GEAR), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Betashares Geared Australian Equity Fund (GEAR), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Betashares Geared Australian Equity Fund (GEAR).
A distribution has three key dates:
Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.
Record date: Date someone must be on the unit registry to receive the distribution.
Payment date date: Date the distribution is paid to the unit holder.
Betashares Geared Australian Equity Fund (GEAR) has a current dividend yield of n/a this year. Last year's dividend yield was 15.70%. The dividend yield for GEAR is a ratio that tells you the percentage of Betashares Geared Australian Equity Fund (GEAR)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.
The "management expense ratio" (MER) for Betashares Geared Australian Equity Fund (GEAR) is 0.8%. This is the total expense for operating an ETF or managed fund like Betashares Geared Australian Equity Fund (GEAR). This includes management fees and other operating expenses which all come out of an investor's return.
DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.
Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate,
complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892)
and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and,
if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest.
No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser.
Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.
