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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% )
Prices as at 11:11, 6 Dec 2023
+Security prices are delayed by at least 20 minutes and are indicative only.

GEAR Related Research

Exchange Traded Fund Description

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.

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's (GEAR) current market capitalisation is $444,266,806. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

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.

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