GMVW
VanEck Geared Australian Equal Weight Complex ETF
GMVW
VanEck Geared Australian Equal Weight Complex ETF
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NAV$40.36
as at 19-Jan-26 -
Total Net Assets$40.46M
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Dividend Frequency2 each year
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Management fee (p.a.)0.35%*
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Number of securities76
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Inception Date27-Feb-24
Overview
Fund description
GMVW gives investors geared exposure to the VanEck Australian Equal Weight ETF (ASX: MVW).
Key benefits
Geared Australian equity strategy
An Australian equity strategy that combines investors' funds and borrowed funds to invest in the VanEck Australian Equal Weight ETF (MVW).
Simple and convenient
One trade diversified access on ASX that avoids the costs and complications of margin loans and CFDs, with no margin calls.
Enhanced return potential
The return potential, in both directions, is boosted by gearing.
Risks
An investment in the Fund carries risk. The Fund borrows money to increase the amount it can invest. While this can result in larger gains in a rising market, it can also magnify losses in a falling market. The greater the level of gearing in the Fund, the greater the potential loss of capital. The Fund is considered to have a higher investment risk than a comparable fund that is ungeared. Investors should actively monitor their investment as frequently as daily to ensure it continues to meet their investment objectives. See the VanEck Geared Australian Equal Weight Complex ETF PDS and TMD for more details.
Performance
Holdings & allocations
All holdings (%) as at 19-Jan-26 Download all holdings
| Security name |
ASX code
|
% of Fund net assets |
|---|---|---|
| Bluescope Steel Ltd | BSL AU | 1.71 |
| Lynas Rare Earths Ltd | LYC AU | 1.64 |
| South32 Ltd | S32 AU | 1.58 |
| Whitehaven Coal Ltd | WHC AU | 1.53 |
| Reece Ltd | REH AU | 1.51 |
| Mineral Resources Ltd | MIN AU | 1.49 |
| Perseus Mining Ltd | PRU AU | 1.46 |
| Als Ltd | ALQ AU | 1.44 |
| Pilbara Minerals Ltd | PLS AU | 1.43 |
| Evolution Mining Ltd | EVN AU | 1.43 |
| Bhp Group Ltd | BHP AU | 1.41 |
| Macquarie Group Ltd | MQG AU | 1.40 |
| Endeavour Group Ltd/Australia | EDV AU | 1.40 |
| Rio Tinto Ltd | RIO AU | 1.40 |
| Orica Ltd | ORI AU | 1.40 |
| Washington H Soul Pattinson & Co Ltd | SOL AU | 1.39 |
| Qantas Airways Ltd | QAN AU | 1.39 |
| Goodman Group | GMG AU | 1.37 |
| Steadfast Group Ltd | SDF AU | 1.37 |
| Anz Group Holdings Ltd | ANZ AU | 1.36 |
| Bendigo & Adelaide Bank Ltd | BEN AU | 1.35 |
| Scentre Group | SCG AU | 1.35 |
| Dyno Nobel Ltd | DNL AU | 1.35 |
| Seven Group Holdings Ltd | SGH AU | 1.34 |
| Vicinity Centres | VCX AU | 1.33 |
| Qbe Insurance Group Ltd | QBE AU | 1.33 |
| Gpt Group/The | GPT AU | 1.33 |
| Westpac Banking Corp | WBC AU | 1.33 |
| Woolworths Group Ltd | WOW AU | 1.33 |
| Ramsay Health Care Ltd | RHC AU | 1.32 |
| National Australia Bank Ltd | NAB AU | 1.32 |
| Northern Star Resources Ltd | NST AU | 1.32 |
| Computershare Ltd | CPU AU | 1.32 |
| Bank Of Queensland Ltd | BOQ AU | 1.32 |
| Brambles Ltd | BXB AU | 1.32 |
| Cochlear Ltd | COH AU | 1.32 |
| Worley Ltd | WOR AU | 1.32 |
| Qube Holdings Ltd | QUB AU | 1.31 |
| Aurizon Holdings Ltd | AZJ AU | 1.31 |
| Wesfarmers Ltd | WES AU | 1.31 |
| Atlas Arteria Ltd | ALX AU | 1.31 |
| Mirvac Group | MGR AU | 1.30 |
| Sigma Healthcare Ltd | SIG AU | 1.30 |
| Sonic Healthcare Ltd | SHL AU | 1.29 |
| Medibank Pvt Ltd | MPL AU | 1.29 |
| Commonwealth Bank Of Australia | CBA AU | 1.28 |
| Treasury Wine Estates Ltd | TWE AU | 1.28 |
| Fortescue Metals Group Ltd | FMG AU | 1.27 |
| Dexus | DXS AU | 1.27 |
| Jb Hi-Fi Ltd | JBH AU | 1.27 |
| Suncorp Group Ltd | SUN AU | 1.26 |
| Aristocrat Leisure Ltd | ALL AU | 1.26 |
| Charter Hall Group | CHC AU | 1.26 |
| Santos Ltd | STO AU | 1.25 |
| Telstra Group Ltd | TLS AU | 1.25 |
| Lottery Corp Ltd/The | TLC AU | 1.25 |
| Csl Ltd | CSL AU | 1.25 |
| Rea Group Ltd | REA AU | 1.25 |
| Coles Group Ltd | COL AU | 1.25 |
| Cleanaway Waste Management Ltd | CWY AU | 1.24 |
| Seek Ltd | SEK AU | 1.24 |
| Apa Group | APA AU | 1.24 |
| Nextdc Ltd | NXT AU | 1.24 |
| Woodside Energy Group Ltd | WDS AU | 1.24 |
| Origin Energy Ltd | ORG AU | 1.24 |
| Insurance Australia Group Ltd | IAG AU | 1.23 |
| Technology One Ltd | TNE AU | 1.23 |
| Agl Energy Ltd | AGL AU | 1.21 |
| Stockland | SGP AU | 1.21 |
| Transurban Group | TCL AU | 1.21 |
| Asx Ltd | ASX AU | 1.19 |
| Carsales.Com Ltd | CAR AU | 1.19 |
| Ampol Ltd | ALD AU | 1.18 |
| Wisetech Global Ltd | WTC AU | 1.13 |
| Telix Pharmaceuticals Ltd | TLX AU | 1.03 |
| Pro Medicus Ltd | PME AU | 1.02 |
| Other/Cash | -- | -0.01 |
| Total | 100.00 | |
Holdings: Holdings data shows the direct investments of the VanEck Australian Equal Weight ETF (MVW), the underlying fund into which GMVW primarily invests to obtain its exposure. The percentage holdings of MVW and GMVW may vary slightly because of the cash and gearing present in GMVW.
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.