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VanEck Vectors S&P/ASX MidCap ETF MVE

Fund description: VanEck Vectors S&P/ASX MidCap ETF (MVE) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the S&P/ASX Midcap 50 Index (ASA34)

Index description: ASA34 represents the mid cap universe for Australia. The index is comprised of all the members of the S&P/ASX 100 excluding those in the S&P/ASX 50.

Management style: Replication

Country of domicile: Australia

 as at 27-Jan-21

  • Exchange

    ASX

  • ASX code

    MVE

  • Bloomberg index code

    ASA34

  • Index provider

    Standard & Poors

  • NAV

    $33.23

  • Units outstanding

    5,338,621

  • Net assets

    $177.4M

  • Number of holdings

    50

  • Inception date1

    14-Oct-13

  • ASX commencement

    16-Oct-13
1The date the ETF was seeded prior to quotation on ASX.

as at 27-Jan-21

Key points

Underlying index:
S&P/ASX Midcap 50 Index (ASA34)

The Index comprises:
The S&P/ASX MidCap 50 represents the mid cap universe for Australia. The index is comprised of all the members of the S&P/ASX 100 excluding those in the S&P/ASX 50. Index constituents are drawn from eligible companies listed on the Australian Securities Exchange.

Index provider:
S&P Dow Jones Indices LLC. The "S&P/ASX MidCap 50 Index" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and ASX Limited (“ASX”) and licensed for use by VanEck.

Index profile  

  • Bloomberg index code

    ASA34

  • Launch date

    23-Aug-00

  • Base date

    03-Apr-00

  • Rebalance Frequency

    Quarterly

Top ten index constituents (%) as at 31-Dec-20

Total constituents: 50
Constituent name
ASX code
 Weightings (%)
SEEK LTD
SEK AU
 3.90
NORTHERN STAR RESOURCES LTD
NST AU
 3.57
RESMED INC-CDI
RMD AU
 3.56
TABCORP HOLDINGS LTD
TAH AU
 3.43
BLUESCOPE STEEL LTD
BSL AU
 3.40
EVOLUTION MINING LTD
EVN AU
 3.29
MAGELLAN FINANCIAL GROUP LTD
MFG AU
 3.00
REA GROUP LTD
REA AU
 2.87
CHARTER HALL GROUP
CHC AU
 2.71
OIL SEARCH LTD
OSH AU
 2.60
Top ten total (%) 32.33
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 31-Dec-20

  • Country

    Weightings (%)

  • Australia

    92.3

  • United States

    3.6

  • Papua N.Guinea

    2.6

  • New Zealand

    1.5

  • Total

    100.0

Index industry weightings (%) as at 31-Dec-20

  • Industry

    Weightings (%)

  • Materials

    23.4

  • Industrials

    12.6

  • Consumer Discretionary

    11.6

  • Communication Services

    11.0

  • Financials

    9.8

  • Information Technology

    7.8

  • Health Care

    6.8

  • Energy

    6.6

  • Real Estate

    5.2

  • Utilities

    2.7

  • Consumer Staples

    2.5

  • Total

    100.0