VanEck Vectors Australian Banks ETF MVB
Fund description: MVB gives investors exposure to a diversified portfolio of ASX-listed securities with the aim to provide investment returns before fees and other costs which track the performance of the Index.
Index description: The MVIS Australia Banks Index 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 21-Sep-20
-
Exchange
ASX -
ASX code
MVB -
Bloomberg index code
MVMVBTRG -
Index provider
MV Index Solutions -
NAV
$19.25 -
Units outstanding
4,522,326 -
Net assets
$87.1M -
Number of holdings
7 -
Inception date1
14-Oct-13 -
ASX commencement
16-Oct-13
as at 21-Sep-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
4,522,326 -
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 21-Sep-20
$-0.26 / -1.34% 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 | 1.37 | 5.20 | -21.05 | -24.64 | -8.65 | -4.29 | -- | -2.81 |
| Income return | 0.00 | 0.77 | 0.58 | 2.28 | 4.24 | 4.78 | -- | 5.08 |
| Total return | 1.37 | 5.97 | -20.47 | -22.36 | -4.41 | 0.49 | -- | 2.27 |
| Index (MVMVBTRG) | 1.40 | 6.05 | -20.35 | -22.12 | -4.10 | 0.81 | 7.45 | 2.60 |
| S&P/ASX 200 Financials ex A-REIT Index | 1.04 | 4.33 | -18.36 | -20.76 | -4.43 | 0.26 | -- | 1.73 |
| 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 31-Aug-20
| Security name |
ASX code
|
No. of securities held | Market value | % of Fund net assets |
|
|---|---|---|---|---|---|
| COMMONWEALTH BANK OF AUSTRALIA |
CBA AU
|
368,079 | 25,132,434 | 20.65 | |
| WESTPAC BANKING CORP |
WBC AU
|
1,337,790 | 23,464,837 | 19.28 | |
| NATIONAL AUSTRALIA BANK LTD |
NAB AU
|
1,307,265 | 23,439,261 | 19.26 | |
| AUSTRALIA & NEW ZEALAND BANKING GROUP L |
ANZ AU
|
1,269,483 | 23,206,149 | 19.07 | |
| MACQUARIE GROUP LTD |
MQG AU
|
180,160 | 23,006,432 | 18.90 | |
| BENDIGO & ADELAIDE BANK LTD |
BEN AU
|
272,399 | 1,781,489 | 1.46 | |
| BANK OF QUEENSLAND LTD |
BOQ AU
|
271,125 | 1,661,996 | 1.37 | |
| OTHER/CASH |
--
|
12,477 | 0.01 | ||
| Top ten total (%) | 100.00 | ||||
Country weightings (%) as at 31-Aug-20
-
Country
Weightings (%) -
Australia
100.0 -
Other/Cash
0.0 -
Total
100.0
Industry weightings (%) as at 31-Aug-20
-
Industry
Weightings (%) -
Commercial Banks
81.1 -
Capital Markets
18.9 -
Other/Cash
0.0 -
Total
100.0