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VanEck Vectors MSCI Australian Sustainable Equity ETF GRNV

Fund description: GRNV gives investors access to a diversified portfolio of sustainable Australian companies selected on the basis of in-depth analysis by world leading research agency MSCI ESG Research. GRNV aims to provide investment returns, before fees and other costs, which track the performance of the Index. 

Index description: MSCI Australia IMI Select SRI Screened Index aims to represent the performance of a diversified portfolio of Australian companies that have high Environmental, Social and Governance (ESG) performance by:

  1. Excluding companies that own any fossil fuel reserves or derive revenue from mining thermal coal or from oil and gas related activities;
  2. Excluding companies with business activities that are not socially responsible investments (SRI); and
  3. Targeting companies with high ESG ratings.

Management style:  Replication

Country of domicile: Australia

 as at 15-Jan-21

  • Exchange

    ASX

  • ASX code

    GRNV

  • Bloomberg index code

    GA726304

  • Index provider

    MSCI Inc.

  • NAV

    $25.38

  • Units outstanding

    3,048,841

  • Net assets

    $77.4M

  • Number of holdings

    79

  • Inception date1

    27-Apr-16

  • ASX commencement

    02-May-16

1The date the ETF was seeded prior to quotation on ASX.

as at 15-Jan-21

The Certification Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations. The Symbol also signifies that VanEck Vectors MSCI Australian Sustainable Equity ETF (GRNV) adheres to the strict operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product Provider. The Certification Symbol is a Registered Trade Mark of the Responsible Investment Association Australasia (RIAA). Detailed information about RIAA, the Symbol and ESGI's methodology, performance and stock holdings can be found at www.responsiblereturns.com.au, together with details about other responsible investment products certified by RIAA.

The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.

Fundamentals as at 31-Dec-20

  • Weighted avg. market cap
    (AUD)

    $74.4B

  • Price/earnings ratio
    (last 12 months)*

    20.7

  • Price/book ratio
    (last 12 months)*

    2.2
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Dec-20

  • Capitalisation ranges

    Weightings (%)

  • Large (>$5.0B)

    83.51

  • Mid ($1.0 - $5.0B)

    16.03

  • Small (<$1.0B)

    0.17
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures
as at 31-Dec-20

  • Beta vs. MSCI World ex
    Australia

    0.98

  • Correlation vs. MSCI World
    ex Australia

    0.97

  • Volatility (standard deviation)

    17.71

  • Sharpe ratio

    0.24

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Dec-20

  • Country

    Weightings (%)

  • Australia

    95.5

  • New Zealand

    3.1

  • United States

    1.0

  • South Africa

    0.2

  • Other/Cash

    0.3

  • Total

    100.1

Portfolio composition (%)
as at 15-Jan-21

  • Asset classes

    % of Fund net assets

  • Stocks

    99.97

  • Bonds

    0.00

  • Other

    0.00

  • Cash

    0.03

  • Total

    100.00

Sector weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)

  • Materials

    22.0

  • Financials

    16.8

  • Real Estate

    16.5

  • Industrials

    14.1

  • Health Care

    10.2

  • Communication Services

    8.5

  • Information Technology

    7.9

  • Consumer Discretionary

    2.4

  • Consumer Staples

    0.7

  • Utilities

    0.6

  • Other/Cash

    0.3

  • Total

    100.0