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VanEck Vectors 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

 as at 07-Aug-20

  • Exchange

    ASX

  • ASX code

    MVW

  • Bloomberg index code

    MVMVWTRG

  • Index provider

    MV Index Solutions

  • NAV1

    $27.47

  • Units outstanding1

    41,039,684

  • Net assets1

    $1.1B

  • Number of holdings1

    93

  • 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.

Key benefits

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

Trading information

  • ASX code

    MVW

  • IRESS code

    MVW.AXW

  • ASX iNAV code

    YMVW

  • IRESS iNAV code

    YMVW.ASX

  • Units outstanding

    41,039,684

  • 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  07-Aug-20

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
MVW $27.47
$27.52		 140,436
105,739		 $-0.12 / -0.45%
$-0.05 / -0.18%		 -9.30%
-9.28%
 $0.05
+0.18%

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 0.23 6.29 -15.97 -13.72 1.66 3.70 -- 4.76
Income return 0.00 2.02 1.59 3.37 3.64 3.29 -- 3.06
Total return 0.23 8.31 -14.38 -10.35 5.30 6.99 -- 7.82
Index (MVMVWTRG) 0.35 8.42 -14.21 -10.01 5.71 7.40 9.31 8.18
S&P/ASX 200 Index 0.50 7.62 -14.25 -9.87 5.37 5.15 -- 5.78
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 0.30 19.84 -12.88 -10.92 1.38 4.60 -- 4.79
Income return 1.91 2.28 1.65 3.49 3.63 3.32 -- 3.10
Total return 2.21 22.12 -11.23 -7.43 5.01 7.92 -- 7.89
Index (MVMVWTRG) 2.17 22.15 -11.13 -7.16 5.39 8.33 9.66 8.23
S&P/ASX 200 Index 2.61 16.48 -10.42 -7.68 5.19 5.95 -- 5.77
The tables above show past performance of the ETF from its Inception Date and of the Index from its Base Date. Index performance shown prior to its Launch Date is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. 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. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.

Top ten holdings (%) View all daily holdings » as at 31-Jul-20

No. of holdings: 93
Security name
ASX code
 No. of securities held Market value % of Fund net
assets
SARACEN MINERAL HOLDINGS LTD
SAR AU
 2,638,730 15,832,380 1.48
NEXTDC LTD
NXT AU
 1,366,907 15,569,071 1.46
AFTERPAY LTD
APT AU
 222,640 15,259,746 1.43
NEWCREST MINING LTD
NCM AU
 427,099 15,025,343 1.41
APPEN LTD
APX AU
 418,125 14,906,156 1.39
MINERAL RESOURCES LTD
MIN AU
 578,006 14,877,874 1.39
NORTHERN STAR RESOURCES LTD
NST AU
 932,988 14,423,994 1.35
FORTESCUE METALS GROUP LTD
FMG AU
 809,747 14,097,695 1.32
ALS LTD
ALQ AU
 1,646,967 13,982,750 1.31
GOODMAN GROUP
GMG AU
 825,720 13,979,440 1.31
Top ten total (%) 13.85
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-Jul-20

  • Country

    Weightings (%)

  • Australia

    97.6

  • New Zealand

    1.2

  • United Kingdom

    1.2

  • Other/Cash

    0.0

  • Total

    100.0

Sector weightings (%) as at 31-Jul-20

  • Sector

    Weightings (%)

  • Materials

    18.5

  • Financials

    16.4

  • Industrials

    11.5

  • Real Estate

    9.0

  • Information Technology

    8.5

  • Consumer Discretionary

    7.5

  • Energy

    6.9

  • Communication Services

    5.9

  • Health Care

    5.7

  • Consumer Staples

    5.7

  • Utilities

    4.4

  • Other/Cash

    0.0

  • Total

    100.0