MVA
VanEck Australian Property ETF
MVA
VanEck Australian Property ETF
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NAV$21.39
as at 16-Apr-24 -
Total Net Assets$557.22M
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Dividend Frequency2 each year
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Management fee (p.a.)0.35%
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Number of securities17
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Inception Date14-Oct-13
Overview
Fund Description
Our Australian Property ETF, MVA gives investors exposure to a diversified portfolio of Australian REITs. MVA holds a minimum of 10 Australian REITs, with a maximum weighting of 10% for each REIT. Our Australian Property ETF aims to provide investment returns, before fees and other costs, that closely track the returns of the Index.
Key benefits
Australian Real Estate Investment Trusts (A-REITs)
Invest in a diversified portfolio of A-REITs providing exposure to commercial, retail, office, specialised and industrial property in a single trade on ASX
Efficient access to property investing with low entry costs
Liquid form of "bricks & mortar" with low capital commitment compared to buying real estate directly
Relatively high and stable yields
A-REITs generally pay more dependable and higher distribution than other Australian listed companies.
Performance
Holdings & allocations
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.