VanEck MSCI International Quality (Hedged) ETF QHAL
Fund description: QHAL gives investors exposure to a diversified portfolio of quality international companies from developed markets (ex Australia) with returns hedged into Australian dollars. QHAL aims to provide investment returns before fees and other costs which track the performance of the Index.
Index description: The MSCI World ex Australia Quality 100% Hedged to AUD Index aims to capture the performance of quality stocks selected from the Parent Index, MSCI World ex Australia, by identifying companies with high quality scores determined by MSCI based on three key fundamental variables: high return on equity; stable year-on-year earnings growth; and low financial leverage.
Management style: Replication
Country of domicile: Australia
as at 12-Aug-22
-
Exchange
ASX -
ASX code
QHAL -
Bloomberg index code
HA724440 -
Index provider
MSCI Inc. -
NAV1
$36.08 -
Units outstanding1
12,786,449 -
Net assets1
$461.3M -
Number of holdings1
301 -
Inception date2
21-Mar-19 -
ASX commencement
25-Mar-19
2The date the ETF was seeded prior to quotation on ASX.
as at 12-Aug-22
-
Dividend frequency
1 each year -
Management costs p.a.
0.43% - Investment management team »
- Market Announcements
- QHAL Fact Sheet
- Research: The long term case for Quality
- Learn about the Quality Factor
- Brochure: Quality Investing
1Other fees and costs apply. Please see the PDS for more details.
The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.Key benefits
Access the world's highest quality companies based on key fundamentals including (i) high return on equity, (ii) earnings stability and (iii) low financial leverage
Outperformance potential
Investments focusing on companies with quality characteristics have delivered outperformance over the long term relative to global equity benchmarks
Diversified across countries, sectors and companies
Offering investors a portfolio of approximately 300 companies across a range of geographies, sectors and economies
Australian dollar currency hedged
Trading information
-
ASX code
QHAL -
IRESS code
QHAL.AXW -
Units outstanding
12,786,449 -
ISIN
AU0000041204
Fees and other costs
-
Management costs p.a.
0.43%
1Other fees and costs apply. Please see the PDS for more details.
Key risks
An investment in the ETF carries risks associated with: ASX trading time differences, financial markets generally, individual company management, industry sectors, foreign currency, currency hedging, country or sector concentration, political, regulatory and tax risks, fund operations and tracking an index. See the PDS for details.
Prices as at 12-Aug-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 | 8.59 | -2.35 | -11.00 | -12.42 | 9.37 | -- | -- | 9.55 |
Income return | 0.00 | 1.11 | 1.01 | 0.99 | 1.17 | -- | -- | 1.54 |
Total return | 8.59 | -1.24 | -9.99 | -11.43 | 10.54 | -- | -- | 11.09 |
MSCI World ex Australia Quality 100% Hedged to AUD Index | 8.63 | -1.16 | -9.85 | -11.12 | 11.01 | 11.94 | 13.62 | 11.56 |
MSCI World ex Australia 100% Hedged to AUD Index | 7.96 | -0.98 | -8.31 | -7.18 | 8.70 | 8.66 | 12.00 | 8.95 |
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 | -8.66 | -17.39 | -24.56 | -16.53 | 7.17 | -- | -- | 7.08 | |
Income return | 1.04 | 0.94 | 0.86 | 0.95 | 1.14 | -- | -- | 1.54 | |
Total return | -7.62 | -16.45 | -23.70 | -15.58 | 8.31 | -- | -- | 8.62 | |
MSCI World ex Australia Quality 100% Hedged to AUD Index | -7.59 | -16.39 | -23.59 | -15.29 | 8.77 | 10.33 | 12.92 | 9.08 | |
MSCI World ex Australia 100% Hedged to AUD Index | -8.10 | -15.10 | -19.37 | -12.51 | 6.36 | 7.33 | 11.29 | 6.67 |
Top ten holdings (%) View all daily holdings » as at 31-Jul-22
Security name |
Ticker
|
% of Fund net assets |
|
---|---|---|---|
APPLE INC |
AAPL US
|
5.52 | |
MICROSOFT CORP |
MSFT US
|
5.17 | |
NVIDIA CORP |
NVDA US
|
2.95 | |
JOHNSON & JOHNSON |
JNJ US
|
2.86 | |
UNITEDHEALTH GROUP INC |
UNH US
|
2.75 | |
ALPHABET INC |
GOOGL US
|
2.52 | |
META PLATFORMS INC |
META US
|
2.42 | |
ALPHABET INC |
GOOG US
|
2.39 | |
VISA INC |
V US
|
2.37 | |
NESTLE SA |
NESN SW
|
2.09 | |
Top ten total (%) | 31.04 |
Holdings: Holdings data shows the direct investments of the VanEck Vectors MSCI World ex Australia Quality ETF (QUAL), the underlying fund into which QHAL primarily invests to obtain exposure to the securities in the index. Accordingly the percentage holdings of QHAL will vary slightly to those shown above because of its cash and forward positions.
Country weightings (%) as at 31-Jul-22
-
Country
Weightings (%) -
United States
73.8 -
Switzerland
6.0 -
Japan
3.9 -
United Kingdom
3.7 -
Netherlands
2.5 -
Denmark
2.0 -
Ireland
1.6 -
Canada
1.2 -
France
1.1 -
Sweden
0.9 -
China
0.5 -
Finland
0.3 -
Italy
0.3 -
Germany
0.2 -
Spain
0.2 -
Israel
0.1 -
New Zealand
0.1 -
Singapore
0.1 -
Norway
0.0 -
Belgium
0.0 -
Jordan
0.0 -
Other/Cash
1.4 -
Total
99.9
Sector weightings (%) as at 31-Jul-22
-
Sector
Weightings (%) -
Information Technology
36.3 -
Health Care
21.2 -
Industrials
10.0 -
Consumer Staples
9.8 -
Communication Services
9.0 -
Financials
5.0 -
Consumer Discretionary
4.7 -
Materials
2.1 -
Real Estate
0.3 -
Energy
0.1 -
n/a
0.1 -
Utilities
0.0 -
Other/Cash
1.4 -
Total
100.0