VanEck Vectors Australian Banks ETF MVB
Fund description: VanEck Vectors Australian Banks ETF (MVB) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the MVIS Australia Banks Index (MVMVBTRG).
Index description: MVMVBTRG is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian banking sector.
Management style: Replication
as at 04-Aug-20
-
Exchange
ASX -
ASX code
MVB -
Bloomberg index code
MVMVBTRG -
Index provider
MV Index Solutions -
NAV
$20.05 -
Units outstanding
6,201,819 -
Net assets
$124.4M -
Number of holdings
7 -
Inception date1
14-Oct-13 -
ASX commencement
16-Oct-13
as at 04-Aug-20
-
Dividend frequency
2 each year -
Management costs p.a.
0.28% - Investment management team »
- Market Announcements
- MVB Fact Sheet
- MVB Fund Flyer
Key benefits
Invest in all the banks and remove single bank risk with one trade on ASX
Tactical exposure
Targeted investment position to one of the pillars of Australia's economy
Tax effective income
Australian banks have typically paid high franked income relative to other sectors
Trading information
-
ASX code
MVB -
IRESS code
MVB.AXW -
ASX iNAV code
YMVB -
IRESS iNAV code
YMVB.ASX -
Units outstanding
6,201,819 -
ISIN
AU000000MVB2
Fees and other costs
-
Management costs p.a.
0.28%
Key risks
An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, stock and sector concentration, fund operations and tracking an index. See the PDS for details.
Prices as at 04-Aug-20
$0.38 / +1.93% Performance history (%) View all ETFs » View all indices »
| 1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | |
|---|---|---|---|---|---|---|---|---|
| Price return | 5.18 | 14.48 | -20.68 | -27.22 | -8.55 | -6.10 | -- | -2.88 |
| Income return | 0.51 | 0.56 | 0.38 | 3.57 | 4.16 | 4.95 | -- | 5.17 |
| Total return | 5.69 | 15.04 | -20.30 | -23.65 | -4.39 | -1.15 | -- | 2.29 |
| Index (MVMVBTRG) | 5.72 | 15.13 | -20.17 | -23.41 | -4.08 | -0.84 | 7.72 | 2.62 |
| S&P/ASX 200 Financials ex A-REIT Index | 4.42 | 12.91 | -18.65 | -21.40 | -4.72 | -1.07 | -- | 1.79 |
| 1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | ||
|---|---|---|---|---|---|---|---|---|---|
| Price return | 5.18 | 14.48 | -20.68 | -27.22 | -8.55 | -6.10 | -- | -2.88 | |
| Income return | 0.51 | 0.56 | 0.38 | 3.57 | 4.16 | 4.95 | -- | 5.17 | |
| Total return | 5.69 | 15.04 | -20.30 | -23.65 | -4.39 | -1.15 | -- | 2.29 | |
| Index (MVMVBTRG) | 5.72 | 15.13 | -20.17 | -23.41 | -4.08 | -0.84 | 7.72 | 2.62 | |
| S&P/ASX 200 Financials ex A-REIT Index | 4.42 | 12.91 | -18.65 | -21.40 | -4.72 | -1.07 | -- | 1.79 |
Top ten holdings (%) View all daily holdings » as at 30-Jun-20
| Security name |
ASX code
|
No. of securities held | Market value | % of Fund net assets |
|
|---|---|---|---|---|---|
| COMMONWEALTH BANK OF AUSTRALIA |
CBA AU
|
381,254 | 26,466,653 | 20.94 | |
| WESTPAC BANKING CORP |
WBC AU
|
1,385,675 | 24,872,866 | 19.68 | |
| NATIONAL AUSTRALIA BANK LTD |
NAB AU
|
1,354,057 | 24,670,919 | 19.52 | |
| AUSTRALIA & NEW ZEALAND BANKING GROUP L |
ANZ AU
|
1,314,922 | 24,510,146 | 19.39 | |
| MACQUARIE GROUP LTD |
MQG AU
|
186,608 | 22,131,709 | 17.51 | |
| BENDIGO & ADELAIDE BANK LTD |
BEN AU
|
282,149 | 1,977,864 | 1.57 | |
| BANK OF QUEENSLAND LTD |
BOQ AU
|
280,829 | 1,732,715 | 1.37 | |
| OTHER/CASH |
--
|
16,074 | 0.01 | ||
| Top ten total (%) | 99.99 | ||||
Country weightings (%) as at 30-Jun-20
-
Country
Weightings (%) -
Australia
100.0 -
Other/Cash
0.0 -
Total
100.0
Industry weightings (%) as at 30-Jun-20
-
Industry
Weightings (%) -
Commercial Banks
82.5 -
Capital Markets
17.5 -
Other/Cash
0.0 -
Total
100.0