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
Country of domicile: Australia
as at 22-Jan-21
-
Exchange
ASX -
ASX code
MVW -
Bloomberg index code
MVMVWTRG -
Index provider
MV Index Solutions -
NAV1
$31.11 -
Units outstanding1
46,067,579 -
Net assets1
$1.4B -
Number of holdings1
102 -
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 22-Jan-21
-
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
46,067,579 -
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 22-Jan-21
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 | -0.77 | 12.41 | 12.65 | -1.86 | 2.87 | 6.75 | -- | 6.26 |
Income return | 1.37 | 1.56 | 1.56 | 3.25 | 3.49 | 3.69 | -- | 3.13 |
Total return | 0.60 | 13.97 | 14.21 | 1.39 | 6.36 | 10.44 | -- | 9.39 |
Index (MVMVWTRG) | 0.64 | 14.08 | 14.53 | 1.78 | 6.77 | 10.87 | 9.70 | 9.76 |
S&P/ASX 200 Index | 1.21 | 13.70 | 13.20 | 1.40 | 6.73 | 8.73 | 7.84 | 7.27 |
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 | -0.77 | 12.41 | 12.65 | -1.86 | 2.87 | 6.75 | -- | 6.26 | |
Income return | 1.37 | 1.56 | 1.56 | 3.25 | 3.49 | 3.69 | -- | 3.13 | |
Total return | 0.60 | 13.97 | 14.21 | 1.39 | 6.36 | 10.44 | -- | 9.39 | |
Index (MVMVWTRG) | 0.64 | 14.08 | 14.53 | 1.78 | 6.77 | 10.87 | 9.70 | 9.76 | |
S&P/ASX 200 Index | 1.21 | 13.70 | 13.20 | 1.40 | 6.73 | 8.73 | 7.84 | 7.27 |
Top ten holdings (%) View all daily holdings » as at 31-Dec-20
Security name |
ASX code
|
No. of securities held | Market value | % of Fund net assets |
|
---|---|---|---|---|---|
AFTERPAY LTD |
APT AU
|
143,293 | 16,908,574 | 1.20 | |
NIB HOLDINGS LTD/AUSTRALIA |
NHF AU
|
2,718,157 | 16,227,397 | 1.15 | |
JB HI-FI LTD |
JBH AU
|
321,202 | 15,616,841 | 1.11 | |
ILUKA RESOURCES LTD |
ILU AU
|
2,387,011 | 15,491,701 | 1.10 | |
FORTESCUE METALS GROUP LTD |
FMG AU
|
647,119 | 15,161,998 | 1.08 | |
CHALLENGER LTD |
CGF AU
|
2,351,206 | 15,141,767 | 1.08 | |
MINERAL RESOURCES LTD |
MIN AU
|
402,261 | 15,064,674 | 1.07 | |
MEDIBANK PVT LTD |
MPL AU
|
4,932,599 | 14,847,123 | 1.06 | |
SEEK LTD |
SEK AU
|
518,457 | 14,791,578 | 1.05 | |
GOODMAN GROUP |
GMG AU
|
776,401 | 14,681,743 | 1.04 | |
Top ten total (%) | 10.94 |
Country weightings (%) as at 31-Dec-20
-
Country
Weightings (%) -
Australia
98.2 -
Malaysia
0.9 -
New Zealand
0.9 -
Other/Cash
0.0 -
Total
100.0
Sector weightings (%) as at 31-Dec-20
-
Sector
Weightings (%) -
Materials
18.8 -
Financials
17.7 -
Industrials
12.5 -
Consumer Discretionary
9.0 -
Real Estate
8.8 -
Energy
7.7 -
Information Technology
7.0 -
Communication Services
5.0 -
Consumer Staples
4.9 -
Health Care
4.8 -
Utilities
3.8 -
Other/Cash
0.0 -
Total
100.0