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Betashares Geared Australian Equity Fund (ASX: GEAR) - Share Price and Research

Current share price for GEAR : $30.220 0.9 (2.89%)+

Betashares Geared Australian Equity Fund (GEAR) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Betashares Geared Australian Equity Fund (GEAR) provides investors with cost-effective geared exposure to the returns of the broad Australian sharemarket.

GEAR General Information +

ASX Code GEAR
Website http://www.betashares.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 442
GEAR Share Price $30.220
Day High $30.820
Day Low $30.050
Last Close $31.120
GEAR Share Price Movement $0.90 ( 2.89% )
Prices as at 16:40, 20 Dec 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

GEAR Fund Information

Equity Australia Large Geared
S&P/ASX 200 TR AUD
starstarstarstarstar
starstarstar (as at 30 Nov 2024)
Investment Fund
29 Apr 2014
$478.58 million (as at 16 Dec 2024)

GEAR ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 8.26 10.14 21.59 46.66 18.49 15.06 10.43 12.55
Growth return 8.26 10.14 21.25 43.3 14.12 6.9 3.66 5.83
Income return (Yield) 0 0 0.34 3.36 4.37 8.16 6.77 6.72

Market index (S&P/ASX 200 TR AUD)
Total return 3.79 5.47 11.53 23.42 11.9 9.55 8.28 9.08

GEAR Related Research

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 8.07¢ 789.09% 1 Jul 2024 16 Jul 2024 $30.220 $32.330 -
Result 55.51¢ 195.29% 2 Jan 2024 17 Jan 2024 $30.220 $32.330 -
HFResult 25.08¢ 284.12% 3 Jul 2023 18 Jul 2023 $30.220 $32.330 -

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

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Units on Issue Disclosure - November 2024 5 Dec 2024 11:21AM $34.150 $30.220 fallen by 11.51%
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Units on Issue Disclosure - October 2024 6 Nov 2024 11:54AM $31.390 $30.220 fallen by 3.73%
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Units on Issue Disclosure - September 2024 4 Oct 2024 12:54PM $31.230 $30.220 fallen by 3.23%
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Annual Report 27 Sep 2024 4:20PM $31.870 $30.220 fallen by 5.18%
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Units on Issue Disclosure - August 2024 5 Sep 2024 2:39PM $29.820 $30.220 risen by 1.34%
Betashares Geared Australian Equity Fund (GEAR) Financials $443 Units on Issue Disclosure - July 2024 6 Aug 2024 5:25PM $27.320 $30.220 risen by 10.61%

GEAR Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $86.72 $549.30 -18.30% 4.70 63.60 2.50% 178.5%
2023A $112.54 $672.30 -292.80% 3.50 118.50 5.00% 167.0%
2022A -$51.28 -$348.70 -130.00% 0.00 336.80 12.30% 73.8%

GEAR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
Betashares Geared Australian Equity Fund (GEAR) $456M -0.1829 0.0000 0.0000 5.6651 0.0000 0.0000 2.04% 0.00% 0.00%
HMC Capital (HMC) $3,967M 0.0191 0.0000 0.0000 46.1170 0.0000 0.0000 1.25% 0.00% 0.00%
Insignia Financial (IFL) $2,415M 0.6567 -0.2226 0.0203 7.5821 9.7535 9.5592 2.58% 2.22% 6.67%
Netwealth Group (NWL) $6,930M 0.2382 0.2487 0.2325 83.0205 66.4866 53.9444 0.99% 1.25% 1.51%
Pinnacle Investment Management Group (PNI) $5,133M 0.1667 0.1969 0.1911 50.3297 42.0492 35.3014 1.83% 2.14% 2.55%

GEAR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 5.50 1.07 0.00
Market 0.26 13.50 1.06 0.85
Sector 0.29 13.00 1.04 0.74

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 $30.22. This constitutes a price movement of 6.53% when compared to the share price 7 days ago and is -11.71% below GEAR's 12-month high of $34.23 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $31.12, Betashares Geared Australian Equity Fund's (GEAR) current share price of $30.22 constitutes a movement of -$0.90 or -2.89%. Betashares Geared Australian Equity Fund's (GEAR) share price movement is -6.53% when compared to 7 days ago and is -11.71% below GEAR's 52-week high of $34.23.

Betashares Geared Australian Equity Fund's (GEAR) 52-week high is $34.23 which was reached on 3 Dec 2024. Relative to this, GEAR's current share price of $30.22 constitutes a -$4.01 or -11.71% drop since that high of $34.23 per GEAR share.

Betashares Geared Australian Equity Fund's (GEAR) 52-week low is $24.82 which was reached on 18 Jan 2024. Relative to this, GEAR's current share price of $30.22 constitutes a $5.40 or 21.76% gain since that low of $24.82 per GEAR share.

Betashares Geared Australian Equity Fund's (GEAR) current market capitalisation is $442,781,597. 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 $0.08 per share and was paid on 16 Jul 2024. This last GEAR distribution or dividend included 789.09% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 16 Jul 2024

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 franking level of 178.50%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

Betashares Geared Australian Equity Fund (GEAR) has a current dividend yield of 2.20% this year. Last year's dividend yield was 4.80%. 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.

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