MVE - VanEck MidCap ETF | Australian Mid-Caps
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VanEck S&P/ASX MidCap ETF MVE

Fund description: MVE gives investors exposure to a diversified portfolio of ASX-listed securities. MVE aims to provide investment returns before fees and other costs which track the returns of the Index.

Index description: The S&P/ASX Midcap 50 Index represents the mid cap universe for Australia. The index is comprised of all the members of the S&P/ASX 100 excluding those in the S&P/ASX 50.

Management style: Replication

Country of domicile: Australia

 as at 05-Jul-22

  • Exchange

    ASX

  • ASX code

    MVE

  • Bloomberg index code

    ASA34

  • Index provider

    SPDJI

  • NAV

    $32.19

  • Units outstanding

    4,841,068

  • Net assets

    $155.8M

  • Number of holdings

    51

  • Inception date1

    14-Oct-13

  • ASX commencement

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

as at 05-Jul-22

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Key benefits

Australia's only dedicated Mid-Caps ETF
Access Australia's only portfolio that tracks the S&P/ASX MidCap 50 Index
  
Long-term performance potential
Australian Mid-Caps are the 'sweet spot' of the Australian equity universe and represent companies with the spirit of small companies combined with the maturity of large companies
 
Diversified across a range of Australian sectors
A portfolio that includes a wide range of emerging large companies across sectors including healthcare, industrials, resources, technology, energy and more - all with one trade on ASX

Trading information

  • ASX code

    MVE

  • IRESS code

    MVE.AXW

  • ASX iNAV code

    YMVE

  • IRESS iNAV code

    YMVE.ASX

  • Units outstanding

    4,841,068

  • ISIN

    AU000000MVE6

Fees and other costs  

  • Management costs p.a.

    0.45%

Key risks

An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, fund operations and tracking an index. See the PDS for details.

Prices as at  05-Jul-22

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
MVE $32.19
$32.29		 17,331
37,829		 $0.06 / +0.17%
$0.19 / +0.59%		 -17.24%
-16.97%
 $0.10
+0.30%

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 -3.45 1.73 -4.71 3.13 9.23 7.24 -- 2.13
Income return 0.00 0.00 1.08 2.01 2.73 3.09 -- 2.48
Total return -3.45 1.73 -3.63 5.14 11.96 10.33 -- 4.61
Index* -3.41 1.85 -3.40 5.66 12.52 10.89 0.21 4.85
S&P/ASX MidCap 50 Index -3.41 1.85 -3.40 5.66 12.52 10.89 13.08 12.69
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 7.02 -2.66 1.68 15.18 11.93 8.86 -- 2.79
Income return 0.00 0.00 1.15 2.24 2.79 3.13 -- 2.54
Total return 7.02 -2.66 2.83 17.42 14.72 11.99 -- 5.33
Index* 7.06 -2.54 3.10 18.03 15.31 12.57 -0.99 5.57
S&P/ASX MidCap 50 Index 7.06 -2.54 3.10 18.03 15.31 12.57 12.88 13.62

Past performance is not a reliable indicator of current or future performance which may be lower or higher.
The table above shows past performance of the ETF (Price Return, Income Return and Total Return) from the ETF Inception Date. The Blended Index* shows the relevant index performance from the ETF Inception Date. The current Index (S&P/ASX MidCap 50 Index) performance history is shown for the previous 10 years. Blended Index* performance is shown from the ETF Inception Date.
Results are calculated to the last business day of the month and assume immediate reinvestment of dividends. 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. Index performance excludes cost of investing in the ETF. Performance data for periods longer than one year are annualised.
*Since 26 July 2016, the fund operates as VanEck S&P/ASX MidCap ETF, and aims to track the S&P/ASX MidCap 50 Index (current investment objective). Prior to 26 July 2016 the fund operated under the name VanEck Australian Emerging Resources ETF and aimed to track the MVIS Australia Junior Energy & Mining Index (old investment objective). In the Blended Index, performance data from 26 July 2016 onwards reflects the fund’s current investment objective, while performance data prior to 26 July 2016 reflects the old investment objective.

Top ten holdings (%) View all daily holdings » as at 31-May-22

No. of holdings: 51
Security name
ASX code
 No. of securities held Market value % of Fund net
assets
MINERAL RESOURCES LTD
MIN AU
 109,914 7,018,009 3.95
LYNAS RARE EARTHS LTD
LYC AU
 596,840 5,878,874 3.31
IGO LTD
IGO AU
 445,751 5,634,293 3.17
ALLKEM LTD
AKE AU
 392,133 5,376,143 3.02
OZ MINERALS LTD
OZL AU
 221,170 5,330,197 3.00
AMPOL LTD
ALD AU
 157,609 5,257,836 2.96
PILBARA MINERALS LTD
PLS AU
 1,712,858 5,052,931 2.84
AURIZON HOLDINGS LTD
AZJ AU
 1,217,410 4,893,988 2.75
VICINITY CENTRES
VCX AU
 2,559,177 4,836,845 2.72
EVOLUTION MINING LTD
EVN AU
 1,212,320 4,655,309 2.62
Top ten total (%) 30.34
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-May-22

  • Country

    Weightings (%)

  • Australia

    100.0

  • Other/Cash

    0.0

  • Total

    100.0

Sector weightings (%) as at 31-May-22

  • Industry

    Weightings (%)

  • Materials

    31.4

  • Industrials

    16.2

  • Consumer Discretionary

    10.8

  • Financials

    10.7

  • Energy

    7.3

  • Information Technology

    5.7

  • Communication Services

    5.5

  • Real Estate

    5.1

  • Consumer Staples

    2.9

  • Health Care

    2.2

  • Utilities

    2.1

  • Other/Cash

    0.0

  • Total

    99.9