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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 07-Aug-20

  • Exchange

    ASX

  • ASX code

    MVB

  • Bloomberg index code

    MVMVBTRG

  • Index provider

    MV Index Solutions

  • NAV

    $20.03

  • Units outstanding

    6,201,819

  • Net assets

    $124.2M

  • Number of holdings

    7

  • Inception date1

    14-Oct-13

  • ASX commencement

    16-Oct-13
1The date the ETF was seeded prior to quotation on ASX.

as at 07-Aug-20

Key benefits

Diversify across Australian banks
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  07-Aug-20

NAV/
Last trade		 Volume:
30-day avg/
Previous day		 Daily change: NAV/
Last trade		 YTD change:
NAV/
Last trade		 Premium/
Discount		 Premium/
Discount
Distribution charts		 NAV &
Premium /Discount
History		 NAV
Chart
MVB $20.03
$20.08		 43,271
27,413		 $-0.03 / -0.14%
$0.11 / +0.55%		 -22.32%
-22.02%
 $0.05
+0.26%

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 -1.34 9.40 -25.46 -27.82 -9.45 -6.79 -- -3.04
Income return 0.25 0.80 0.55 2.19 4.20 4.66 -- 5.14
Total return -1.09 10.20 -24.91 -25.63 -5.25 -2.13 -- 2.10
Index (MVMVBTRG) -1.07 10.28 -24.80 -25.40 -4.94 -1.83 6.86 2.42
S&P/ASX 200 Financials ex A-REIT Index -1.11 8.58 -23.16 -23.59 -5.46 -2.17 -- 1.60
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
The tables above show past performance of the ETF from its Inception Date and of the Index from its Base Date. Index performance shown prior to its Launch Date is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.

Top ten holdings (%) View all daily holdings » as at 31-Jul-20

No. of holdings: 7
Security name
ASX code
 No. of securities held Market value % of Fund net
assets
COMMONWEALTH BANK OF AUSTRALIA
CBA AU
 384,417 27,370,490 21.72
NATIONAL AUSTRALIA BANK LTD
NAB AU
 1,365,288 24,110,986 19.13
WESTPAC BANKING CORP
WBC AU
 1,397,168 23,877,601 18.95
AUSTRALIA & NEW ZEALAND BANKING GROUP L
ANZ AU
 1,325,829 23,811,889 18.89
MACQUARIE GROUP LTD
MQG AU
 188,157 23,235,508 18.44
BENDIGO & ADELAIDE BANK LTD
BEN AU
 284,489 1,957,284 1.55
BANK OF QUEENSLAND LTD
BOQ AU
 283,158 1,684,790 1.34
OTHER/CASH
--
 -13,305 -0.01
Top ten total (%) 100.01
These are not recommendations to buy or to sell any security.

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

  • Country

    Weightings (%)

  • Australia

    100.0

  • Other/Cash

    0.0

  • Total

    100.0

Industry weightings (%) as at 31-Jul-20

  • Industry

    Weightings (%)

  • Commercial Banks

    81.6

  • Capital Markets

    18.4

  • Other/Cash

    0.0

  • Total

    100.0