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
as at 27-Jan-21
-
Dividend frequency
2 each year -
Management costs p.a.
0.45% - Investment management team »
- Market Announcements
- MVE Fact Sheet
- MVE Fund Flyer
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
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 |
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