MVB
VanEck Australian Banks ETF
MVB
VanEck Australian Banks ETF
-
NAV$28.39
as at 01-Dec-23 -
Total Net Assets$166.09M
-
Dividend Frequency3 each year
-
Management fee (p.a.)0.28%
-
Number of securities7
-
Inception Date14-Oct-13
Overview
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.
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
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”.
Documents & insights
Information about