VanEck Vectors Australian Property ETF MVA
Fund description: MVA gives investors exposure to a diversified portfolio of ASX-listed securities with the aim of providing investment returns before fees and other costs that closely track the returns of the Index.
Index description: MVIS Australia A-REITs Index is a pure-play rules-based Australian sector index, designed to capture the performance of the property sector of the Australian economy. The Index tracks the performance of the largest and most liquid ASX-listed Real Estate Investment Trusts (A-REITs).
Management style: Replication
as at 18-Sep-20
-
Exchange
ASX -
ASX code
MVA -
Bloomberg index code
MVMVATRG -
Index provider
MV Index Solutions -
NAV
$19.83 -
Units outstanding
12,809,479 -
Net assets
$254.1M -
Number of holdings
14 -
Inception date1
14-Oct-13 -
ASX commencement
16-Oct-13
as at 18-Sep-20
-
Dividend frequency
2 each year -
Management costs p.a.
0.35% - Investment management team »
- Market Announcements
- MVA Fact Sheet
Key points
Underlying index:
MVIS Australia A-REITs Index (MVMVATRG)
The Index comprises:
MVMVATRG covers at least 90% of the free‑float market capitalisation of the investable universe to track the performance of the largest and most liquid local and offshore ASX-listed Australian real estate investment trusts (A-REITs). Individual Index components are determined using a stringent rules-based methodology, focusing on liquidity, with a minimum 10 holdings and maximum weighting of 10%.
The investable universe includes local companies that are incorporated in Australia with an ASX listing as well as offshore companies that are incorporated outside of Australia but have an ASX listing and generate at least 50% of their revenues (or, where applicable, have at least 50% of their assets) in Australia.
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 MVA. For more information about MVIS, click here.
MVMVATRG is the exclusive property of MVIS. MVIS makes no representation regarding the advisability of investing in MVA. 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 MVA and VanEck.
Index profile
-
Bloomberg index code
MVMVATRG -
Launch date
21-Dec-12 -
Base date
29-Dec-06 -
Rebalance Frequency
Quarterly
Top ten index constituents (%) Download all daily index constituents as at 31-Aug-20
| Constituent name |
ASX code
|
Weightings (%) | |
|---|---|---|---|
| GOODMAN GROUP |
GMG AU
|
13.05 | |
| STOCKLAND |
SGP AU
|
10.40 | |
| CHARTER HALL GROUP |
CHC AU
|
10.07 | |
| DEXUS |
DXS AU
|
9.20 | |
| MIRVAC GROUP |
MGR AU
|
8.72 | |
| GPT GROUP |
GPT AU
|
8.66 | |
| SCENTRE GROUP |
SCG AU
|
8.55 | |
| VICINITY CENTRES |
VCX AU
|
8.25 | |
| CHARTER HALL LONG WALE REIT |
CLW AU
|
4.82 | |
| BWP TRUST |
BWP AU
|
4.70 | |
| Top ten total (%) | 86.42 | ||
Index country weightings (%) as of 31-Aug-20
-
Country
Weightings (%) -
Australia
100.0 -
Total
100.0
Index industry weightings (%) as at 31-Aug-20
-
Industry
Weightings (%) -
Equity Real Estate Investment
100.0 -
Total
100.0