MVW
VanEck Australian Equal Weight ETF
Overview
Fund description
Our Australian equal weight ETF, MVW gives investors exposure to a diversified portfolio of Australian equities. The holdings in MVW are equally weighted.
MVW aims to provide investment returns, before fees and other costs, which track the performance of the Index.
Why consider MVW?
Core Australian equity strategy
An award winning Australian equity strategy backed by significant research investing in the largest and most liquid Australian listed companies.
Diversification across companies and sectors
A portfolio which offers true diversification by equally weighting across companies and reducing sector concentration.
Outperformance potential
Equally weighting has been proven to produce long-term outperformance compared to a market capitalisation approach.
Who is TICKER suitable for?
Performance
Holdings & allocations
- Sector weightings (%)
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.
Documents & insights
Research and resources
Documents
-
Name
Update schedule - As required
- As required
-
NZ investors - Warning statements
As required - As required
- Annually
- Annually
- Annually
-
NAV & premium/discount history
Daily - Daily
- As required
- As required
- As required
- As required
-
Notice updating the fees and costs information
As required
Market announcements
Frequently asked questions
An Australian equal weight ETF is an exchange traded fund that gives the same importance or “weight” to each company within the portfolio. Equal weighting each company means an investment in the portfolio is spread equally across each company. For example, if there are ten companies in an equally weighted portfolio, each would have a 10% weighting. If $1000 was invested in this portfolio, $100 would be allocated to each company.
The VanEck Australian Equal Weight ETF (ASX: MVW) is an Australian equal weight equities ETF. Learn more about equal weighting Australian companies.
MVW invests in the largest and most liquid ASX-listed companies with each company given the same weight within the portfolio. When investing in this equal weight ETF, your money is spread equally across each stock in the portfolio.
MVW is the only broad-based Australian equities ETF that takes an equal weighted approach. MVW is around 2.5 times more diversified than ETFs that track the S&P/ASX 200, as measured by the Herfindahl Index. An equal weighted ETF like MVW also typically provides more exposure to mid-sized companies compared to ETFs that track the S&P/ASX 200 which allocates more to the largest companies. Mid-sized and smaller companies tend to offer increased growth potential compared to larger companies. Compare MVW to the S&P/ASX 200.
MVW may be used in portfolios as a:
- Core allocation – up to 50% of a portfolio;
- Minor allocation – up to 25% of a portfolio; or a
- Satellite allocation – up to 10% of a portfolio.
MVW is often used to gain broad-based exposure to listed Australian companies. This Australian equities ETF provides a more balanced exposure to the Australian economy compared to ETFs that track the S&P/ASX 200, which is dominated by banks and miners.
Read more about MVW’s suitability in portfolios in the Target Market Determination.
An equal weight ETF, MVW has outperformed the S&P/ASX 200 since the equal weight ETF’s inception. View MVW’s up-to-date performance compared to the S&P/ASX 200 over various time periods.
MVW and ETFs that track S&P/ASX 200 are examples of Australian equities ETFs.
MVW is listed on the ASX under the ASX code MVW. You can invest in this Australian equities ETF the same way you buy shares, through your financial adviser or broker, or via an online trading platform. View a list of advisers, brokers and investment apps.
Past performance is not indicative of future performance.
