GMVW - VanEck Geared Australian Equal Weight Fund (Hedge Fund)tsheet

30 June 2024

GMVW

VanEck Geared Australian Equal Weight Fund (Hedge Fund)

Fund Description

GMVW gives investors geared exposure to the VanEck Australian Equal Weight ETF (ASX: MVW)..

Performance

Month End as at 30-Jun-24	1 Mth	3 Mths	6 Mths	1 Yr	3 Yrs p.a.	5 Yrs p.a.	Inception p.a.
Price return	-6.51%	-12.39%	-- %	-- %	-- %	-- %	-4.30%
Income return	4.17%	3.91%	-- %	-- %	-- %	-- %	4.27%
Total return	-2.34%	-8.48%	-- %	-- %	-- %	-- %	-0.03%
Quarter End as at 30-Jun-24	1 Mth	3 Mths	6 Mths	1 Yr	3 Yrs p.a.	5 Yrs p.a.	Inception p.a.
Price return	-6.51%	-12.39%	-- %	-- %	-- %	-- %	-4.30%
Income return	4.17%	3.91%	-- %	-- %	-- %	-- %	4.27%
Total return	-2.34%	-8.48%	-- %	-- %	-- %	-- %	-0.03%

The tables above show past performance of the ETF from 27 February 2024. Results are calculated to the last business day of the month and assume immediate reinvestment of dividends. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.

Fund Details

Inception date	27/02/2024
Shares outstanding	250,000
NAV	$35.62
Net assets	$8.9M
Management fees p.a.¹	0.35%
Dividend frequency	Two times each year

All figures in Australian dollars unless otherwise noted.

The Fund charges a nil management fee. This is the indirect cost represented as a percentage of the gross asset value. If the average gearing level is 50%, the indirect cost will be 0.70% of the net asset value. Other fees and costs may apply. Please refer to the PDS.

Trading Information

Exchange	ASX
ASX code	GMVW
IRESS code	GMVW.AXW
ISIN	AU0000269961

GMVW

VanEck Geared Australian Equal Weight Fund (Hedge Fund)

Fundamentals

No. of Securities	74
Price/Earnings Ratio*	19.45
Price/Book Ratio*	1.85
Dividend Yield	3.71
Weighted Avg. Market Cap (M)	$30198.00

* Last 12 Months

Sector Weightings

Financials	20.8%
Materials	17.8%
Industrials	16.2%
Real Estate	9.3%
Health Care	5.6%
Consumer Staples	5.6%
Consumer Discretionary	5.5%
Communication Services	5.4%
Energy	5.4%
Utilities	4.2%
Information Technology	4.1%
Other/Cash	0.0%

For more information visit
vaneck.com.au

Top 10 Fund Holdings (Weightings)

STEADFAST GROUP LTD	1.55%
ORIGIN ENERGY LTD	1.48%
INSURANCE AUSTRALIA GROUP LTD	1.48%
ARISTOCRAT LEISURE LTD	1.45%
MACQUARIE GROUP LTD	1.44%
AGL ENERGY LTD	1.43%
REA GROUP LTD	1.43%
ATLAS ARTERIA LTD	1.43%
SUNCORP GROUP LTD	1.43%
SONIC HEALTHCARE LTD	1.43%
SUBTOTAL - TOP 10	14.56%
REMAINING HOLDINGS	85.42%
OTHER/CASH	0.02%
TOTAL	100.00%
For a complete up to date listing of Fund holdings, please visit vaneck.com.au.

These are not recommendations to buy or sell any security.

Market capitalisation

Large (>$5.0B)	78.59%
Mid ($1.0 - $5.0B)	21.39%
Small (<$1.0B)	0.00%

Disclaimer: This information is issued by VanEck Investments Limited ABN 22 146 596 116 AFSL 416755 (‘VanEck’) as responsible entity of the VanEck Geared Australian Equal Weight Fund (Hedge Fund) (‘Fund’). This is general information only and not financial advice. It does not take into account any person’s individual objectives, financial situation nor needs. Before making an investment decision in relation to the Fund, you should read the PDS and with the assistance of a financial adviser and consider if it is appropriate for your circumstances. The PDS and TMD are available at www.vaneck.com.au or by calling 1300 68 38 37. The Fund is subject to investment risk, including possible loss of capital invested. Past performance is not a reliable indicator of future performance. No member of the VanEck group of companies gives any guarantee or assurance as to the repayment of capital, the payment of income, the performance, or any particular rate of return from the Fund.