VLUE - VanEck MSCI International Value ETF
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VanEck MSCI International Value ETF VLUE

Fund description: VLUE gives investors a diversified portfolio of 250 international developed market large- and mid-cap companies, with high value scores as calculated by MSCI at each rebalance. VLUE aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MSCI World ex Australia Enhanced Value Top 250 Select Index measures the performance of 250 international large- and mid-cap companies selected from the MSCI World ex Australia Index with high value scores relative to their peers at rebalance. Exclusions apply for weapons and tobacco.

Management style: Replication

Country of domicile: Australia

 as at 17-Sep-21

  • Exchange

    ASX
  • ASX code

    VLUE
  • Bloomberg index code

    NA736924
  • Index provider

    MSCI Inc.
  • NAV1

    $22.23
  • Units outstanding1

    3,000,106
  • Net assets1

    $66.7M
  • Number of holdings1

    250
  • Inception date2

    08-Mar-21
  • ASX commencement

    10-Mar-21
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 17-Sep-21

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 12 noon next business day.
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Key points

International companies exhibiting value characteristics
Access a portfolio of international companies that are selected for their high value score relative to sector peers as measured by MSCI based on:
(i) price to book value; (ii) price to forward earnings; and (iii) enterprise value to cash flow from operations


Long term focus, capturing value across the market cycle
The index is designed to capture a high level of exposure to value while minimising unintended and unwanted sector bets 

Diversified across countries, sectors and companies
Offering investors a portfolio of 250 companies across a range of geographies, sectors and economies

Trading information

  • ASX code

    VLUE
  • IRESS code

    VLUE.AXW
  • Units outstanding

    3,000,106
  • ISIN

    AU0000137796

Fees and other costs  

  • Management costs p.a.

    0.40%

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, country or sector concentration, political, regulatory and tax risks, fund operations, liquidity and tracking an index. See the PDS for details.

Prices as at  17-Sep-21

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
VLUE $22.23
$22.42
11,156
5,084
$-0.13 / -0.60%
$0.04 / +0.18%
+11.31%
--
$0.19
+0.87%

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 1.92 4.52 -- -- -- -- -- 10.55
Income return 0.00 0.48 -- -- -- -- -- 0.52
Total return 1.92 5.00 -- -- -- -- -- 11.07
Index (NA736924) 1.95 5.07 15.67 35.21 4.84 8.53 -- 11.24
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 0.98 3.29 -- -- -- -- -- 6.81
Income return 0.47 0.48 -- -- -- -- -- 0.50
Total return 1.45 3.77 -- -- -- -- -- 7.31
Index (NA736924) 1.47 3.88 19.91 25.81 4.96 9.17 -- 7.43

Top ten holdings (%) View all daily holdings » as at 31-Aug-21

No. of holdings: 249
Security name
Ticker
No. of securities held Market value % of Fund net
assets
INTEL CORP
INTC US
34,398 2,544,375 3.82
AT&T INC
T US
57,533 2,158,521 3.24
TOYOTA MOTOR CORP
7203 JP
13,485 1,610,988 2.42
CISCO SYSTEMS INC/DELAWARE
CSCO US
17,055 1,377,282 2.07
INTERNATIONAL BUSINESS MACHINES CORP
IBM US
6,416 1,232,020 1.85
MICRON TECHNOLOGY INC
MU US
11,711 1,180,955 1.78
BROADCOM INC
AVGO US
1,688 1,148,376 1.73
PFIZER INC
PFE US
15,664 987,399 1.48
HITACHI LTD
6501 JP
12,157 921,338 1.38
ABBVIE INC
ABBV US
5,569 920,331 1.38
Top ten total (%) 21.15
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-Aug-21

  • Country

    Weightings (%)
  • United States

    42.2
  • Japan

    25.9
  • France

    7.2
  • United Kingdom

    6.2
  • Germany

    4.3
  • Netherlands

    4.0
  • China

    2.5
  • Spain

    1.8
  • Canada

    1.6
  • Switzerland

    1.1
  • Italy

    1.1
  • Luxembourg

    0.5
  • Finland

    0.5
  • Denmark

    0.3
  • Ireland

    0.3
  • Israel

    0.2
  • Sweden

    0.2
  • Bermuda

    0.1
  • Belgium

    0.1
  • Austria

    0.0
  • Other/Cash

    0.1
  • Total

    100.2

Sector weightings (%) as at 31-Aug-21

  • Sector

    Weightings (%)
  • Information Technology

    21.9
  • Financials

    13.5
  • Health Care

    12.7
  • Consumer Discretionary

    12.1
  • Industrials

    11.4
  • Communication Services

    8.2
  • Consumer Staples

    7.4
  • Materials

    4.2
  • Energy

    3.1
  • Utilities

    2.8
  • Real Estate

    2.7
  • Other/Cash

    0.1
  • Total

    100.1