First Sentier Global Listed Infrastructure (Hedged) Active ETF (PWER) Review & Analysis
- 🆕 New fund: listed in October 2026.
About PWER
PWER is a new property & infrastructure ETF from First Sentier, listed on the ASX on 15 October 2026. An active global listed infrastructure fund, hedged to the Australian dollar: toll roads, airports, pipelines, and power, gas and water utilities.
At the end of October 2026 it held $147m. Its size suggests an existing unlisted fund that has added an ETF version. Source: ASX monthly investment products report.
The management fee is 0.95% a year, about $95 on every $10,000 invested, dearer than the typical property & infrastructure ETF at 0.47%. It listed after our latest data (30 September 2026), so its size, flows and returns will appear once it's in the next TMX Australia funds report.
Compare PWER with
| Fee | 0.95% | 0.98% |
| 1 year | – | +6.1% |
| 5 yrs p.a. | – | – |
| Size | – | $3.0bn |
| Fee | 0.95% | 0.20% |
| 1 year | – | +5.3% |
| 5 yrs p.a. | – | +5.3% |
| Size | – | $2.1bn |
| Fee | 0.95% | 0.15% |
| 1 year | – | +5.7% |
| 5 yrs p.a. | – | – |
| Size | – | $1.9bn |
| Fee | 0.95% | 1.02% |
| 1 year | – | +10.5% |
| 5 yrs p.a. | – | – |
| Size | – | $1.4bn |
PWER price by TradingView
| Stock Code | PWER |
|---|---|
| Fund Manager | First Sentier |
| Asset Class | Property & infrastructure |
| AUM | – |
| MER (%) | 0.95% |
| Net flows (Sep) | – |
| Last Price | – |
| 52-Week Range | – |
| Bid/Ask Spread | – |
| Listing Date | 15/10/2026 |
| Exchange | ASX |
| Index | None: actively managed. See the PDS for its benchmark |
Performance (% return)
Not enough history yet.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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