VanEck Australian Equal Weight ETF MVW
Fund description: MVW gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.
Index description: The MVIS Australia Equal Weight Index is a pure-play rules-based index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies across all sectors, including offshore companies which generate at least 50% of their revenues or assets from the Australian market. Companies in the Index are weighted equally.
Management style: Replication
Country of domicile: Australia
as at 26-May-22
-
Exchange
ASX -
ASX code
MVW -
Bloomberg index code
MVMVWTRG -
Index provider
MarketVector Indexes -
NAV1
$32.92 -
Units outstanding1
51,382,765 -
Net assets1
$1.7B -
Number of holdings1
90 -
Inception date2
04-Mar-14 -
ASX commencement
06-Mar-14
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.
as at 26-May-22
-
Dividend frequency
2 each year -
Management costs p.a.
0.35% - Investment management team »
- Market Announcements
- MVW Fact Sheet
- MVW Fund Flyer
- White Paper: Why Equal Weighting Outperforms: The Mathematical Explanation
- New Research: The road to recovery
Key benefits
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
Trading information
-
ASX code
MVW -
IRESS code
MVW.AXW -
ASX iNAV code
YMVW -
IRESS iNAV code
YMVW.ASX -
Units outstanding
51,382,765 -
ISIN
AU000000MVW8
Fees and other costs
-
Management costs p.a.
0.35%
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 26-May-22
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 | 0.43 | 8.29 | 2.69 | 8.64 | 5.52 | 5.82 | -- | 6.96 |
Income return | 0.00 | 0.00 | 1.55 | 2.79 | 3.43 | 3.37 | -- | 2.97 |
Total return | 0.43 | 8.29 | 4.24 | 11.43 | 8.95 | 9.19 | -- | 9.93 |
Index (MVMVWTRG) | 0.46 | 8.39 | 4.37 | 11.76 | 9.33 | 9.59 | 11.66 | 10.30 |
S&P/ASX 200 Index | -0.85 | 8.24 | 3.59 | 10.16 | 9.42 | 8.81 | 9.90 | 8.31 |
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 | 5.40 | 0.47 | 1.94 | 11.62 | 6.30 | 5.93 | -- | 6.98 | |
Income return | 0.00 | 0.00 | 1.55 | 2.87 | 3.45 | 3.37 | -- | 3.00 | |
Total return | 5.40 | 0.47 | 3.49 | 14.49 | 9.75 | 9.30 | -- | 9.98 | |
Index (MVMVWTRG) | 5.44 | 0.56 | 3.61 | 14.84 | 10.14 | 9.70 | 11.69 | 10.35 | |
S&P/ASX 200 Index | 6.89 | 2.24 | 4.38 | 14.97 | 10.59 | 9.22 | 10.15 | 8.52 |
Top ten holdings (%) View all daily holdings » as at 30-Apr-22
Security name |
ASX code
|
No. of securities held | Market value | % of Fund net assets |
|
---|---|---|---|---|---|
RAMSAY HEALTH CARE LTD |
RHC AU
|
311,164 | 25,238,512 | 1.42 | |
AMP LTD |
AMP AU
|
20,722,443 | 24,038,034 | 1.35 | |
MINERAL RESOURCES LTD |
MIN AU
|
398,253 | 23,313,731 | 1.31 | |
ALLKEM LTD |
AKE AU
|
1,902,017 | 23,299,708 | 1.31 | |
COMPUTERSHARE LTD |
CPU AU
|
899,463 | 22,783,398 | 1.28 | |
QANTAS AIRWAYS LTD |
QAN AU
|
4,024,411 | 22,536,702 | 1.27 | |
AMPOL LTD |
ALD AU
|
661,513 | 22,392,215 | 1.26 | |
QBE INSURANCE GROUP LTD |
QBE AU
|
1,810,213 | 22,301,824 | 1.25 | |
AGL ENERGY LTD |
AGL AU
|
2,558,497 | 22,207,754 | 1.25 | |
STEADFAST GROUP LTD |
SDF AU
|
4,262,231 | 21,993,112 | 1.24 | |
Top ten total (%) | 12.94 |
Country weightings (%) as at 30-Apr-22
-
Country
Weightings (%) -
Australia
99.9 -
Other/Cash
0.1 -
Total
100.0
Sector weightings (%) as at 30-Apr-22
-
Sector
Weightings (%) -
Financials
19.0 -
Materials
18.4 -
Industrials
11.3 -
Consumer Discretionary
10.6 -
Real Estate
10.0 -
Health Care
6.0 -
Energy
5.7 -
Communication Services
5.4 -
Consumer Staples
5.4 -
Information Technology
4.5 -
Utilities
3.7 -
Other/Cash
0.1 -
Total
100.1