VanEck Vectors Australian Resources ETF MVR
Fund description: MVR gives investors exposure to a diversified portfolio of ASX-listed securities with the aim of providing investment returns before fees and other costs which track the performance of the Index.
Index description: The MVIS Australia Resources Index is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian resources sector.
Management style: Replication
Country of domicile: Australia
as at 27-Jan-21
-
Exchange
ASX -
ASX code
MVR -
Bloomberg index code
MVMVRTRG -
Index provider
MV Index Solutions -
NAV
$30.51 -
Units outstanding
3,906,886 -
Net assets
$119.2M -
Number of holdings
26 -
Inception date1
14-Oct-13 -
ASX commencement
16-Oct-13
as at 27-Jan-21
-
Dividend frequency
2 each year -
Management costs p.a.
0.35% - Investment management team »
- Market Announcements
- MVR Fact Sheet
Key points
Underlying index:
MVIS Australia Resources Index (MVMVRTRG)
The Index comprises:
MVMVRTRG covers at least 90% of the free‑float market capitalisation of the investable universe. Individual Index components are determined using a stringent rules-based methodology focusing on liquidity, with a minimum 20 holdings and maximum weighting of 8%.
The investable universe includes companies which are focused on physical energy commodities (such as coal, oil, gas and uranium) related services and equipment (such as drilling, pipelines, storage and transportation), power generation and renewable energy, and also companies which are focused on mining and resources (such as iron ore, coal, precious metals and other minerals) and mining related services and equipment (such as drilling, explosives, transportation and producers of mining machinery). Also included are companies with the potential to generate 50% of their revenue from mining, when developed.
Companies eligible for inclusion in Index:
- Market cap exceeding US$150 million
- Three-month average-daily-trading volume of at least US$1 million
- At least 250,000 securities traded per month
Index provider:
MV Index Solutions (MVIS), a related body corporate of VanEck Investments Limited, the responsible entity and issuer of MVR.
For more information about MVIS, click here.
MVMVRTRG is the exclusive property of MVIS. MVIS makes no representation regarding the advisability of investing in MVR. MVIS has contracted with Solactive AG (‘Solactive’) to maintain and calculate the Index. Solactive uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MVIS, Solactive has no obligation to point out errors in the Index to third parties. The PDS contains a more detailed description of the limited relationship MVIS and Solactive have with MVR and VanEck.
Index profile
-
Bloomberg index code
MVMVRTRG -
Launch date
21-Dec-12 -
Base date
29-Dec-06 -
Rebalance Frequency
Quarterly
Top ten index constituents (%) as at 31-Dec-20
| Constituent name |
ASX code
|
Weightings (%) | |
|---|---|---|---|
| BHP BILLITON LTD |
BHP AU
|
8.17 | |
| RIO TINTO LTD |
RIO AU
|
8.11 | |
| FORTESCUE METALS GROUP LTD |
FMG AU
|
7.79 | |
| WOODSIDE PETROLEUM LTD |
WPL AU
|
6.64 | |
| NEWCREST MINING LTD |
NCM AU
|
5.70 | |
| SANTOS LTD |
STO AU
|
5.43 | |
| SOUTH32 LTD |
S32 AU
|
4.83 | |
| NORTHERN STAR RESOURCES LTD |
NST AU
|
4.39 | |
| ORIGIN ENERGY LTD |
ORG AU
|
4.29 | |
| EVOLUTION MINING LTD |
EVN AU
|
4.22 | |
| Top ten total (%) | 59.57 | ||
Index country weightings (%) as of 31-Dec-20
-
Country
Weightings (%) -
Australia
100.0 -
Total
100.0
Index industry weightings (%) as at 31-Dec-20
-
Industry
Weightings (%) -
Metals & Mining
63.9 -
Oil, Gas & Consumable Fuels
25.1 -
Road & Rail
4.2 -
Chemicals
3.3 -
Energy Equipment & Services
2.7 -
Construction & Engineering
0.8 -
Total
100.0