NEW MVW SQUARE
 

VanEck Blog & Insights

VanEck Vectors Australian Equal Weight ETF MVW

Fund description: VanEck Vectors Australian Equal Weight ETF (MVW) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the MVIS Australia Equal Weight Index (MVMVWTRG).

Index description: MVMVWTRG 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 18-Jan-19

  • Exchange

    ASX
  • ASX code

    MVW
  • Bloomberg index code

    MVMVWTRG
  • Index provider

    MV Index Solutions
  • NAV

    $27.02
  • Units outstanding

    23,499,749
  • Net assets

    $635.1M
  • Number of holdings

    86
  • Inception date1

    04-Mar-14
  • ASX commencement

    06-Mar-14

1The date the Fund was seeded prior to quotation on ASX.

Key points

  • Invest in over 60 of the largest and most liquid ASX-listed companies across all sectors in a single ASX trade   
  • True diversification across securities and market sectors reducing concentration risk     
  • Equal weight methodology is indifferent to market capitalisation     

Trading information

  • ASX code

    MVW
  • IRESS code

    MVW.AXW
  • ASX iNAV code

    YMVW
  • IRESS iNAV code

    YMVW.ASX
  • Units outstanding

    23,499,749
  • ISIN

    AU000000MVW8

Fees and other costs  

  • Management costs p.a.

    0.35%

Prices as at  18-Jan-19

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 $27.02
$27.02
73,851
74,876
$0.15 / +0.56%
$0.11 / +0.41%
+4.70%
+4.68%
--
-0.02%

View all indices » View all ETFs » Performance history (%)

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. Inception p.a.
Price return -2.68 -11.81 -8.97 -7.30 5.69 -- -- 5.41
Income return 2.11 1.92 1.97 2.78 3.56 -- -- 2.82
Total return -0.57 -9.89 -7.00 -4.52 9.25 -- -- 8.23
Index (MVMVWTRG) -0.54 -9.81 -6.83 -4.14 9.67 8.94 10.99 8.57
S&P/ASX 200 Index -0.12 -8.24 -6.83 -2.84 6.69 5.64 -- 5.42
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. Inception p.a.
Price return -2.68 -11.81 -8.97 -7.30 5.69 -- -- 5.41
Income return 2.11 1.92 1.97 2.78 3.56 -- -- 2.82
Total return -0.57 -9.89 -7.00 -4.52 9.25 -- -- 8.23
Index (MVMVWTRG) -0.54 -9.81 -6.83 -4.14 9.67 8.94 10.99 8.57
S&P/ASX 200 Index -0.12 -8.24 -6.83 -2.84 6.69 5.64 -- 5.42

Top ten holdings (%) View all daily holdings » as at 31-Dec-18

No. of holdings: 86
Security name
ASX code
No. of securities held Market value % of Fund net
assets
IOOF HOLDINGS LTD
IFL AU
1,584,731 8,193,059 1.34
EVOLUTION MINING LTD
EVN AU
2,154,469 7,949,991 1.30
NORTHERN STAR RESOURCES LTD
NST AU
857,126 7,919,844 1.30
NIB HOLDINGS LTD
NHF AU
1,514,075 7,873,190 1.29
MINERAL RESOURCES LTD
MIN AU
504,692 7,807,585 1.28
MEDIBANK PRIVATE LTD
MPL AU
3,021,734 7,765,856 1.27
DOWNER EDI LTD
DOW AU
1,137,367 7,688,601 1.26
RAMSAY HEALTH CARE LTD
RHC AU
131,695 7,602,752 1.24
BHP GROUP LTD
BHP AU
221,537 7,583,212 1.24
RIO TINTO LTD
RIO AU
96,239 7,551,874 1.24
Top ten total (%) 12.76
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-Dec-18

  • Country

    Weightings (%)
  • AUSTRALIA

    97.6
  • UNITED KINGDOM

    1.2
  • NEW ZEALAND

    1.2
  • Other/Cash

    0.0
  • Total

    100.0

Sector weightings (%) as at 31-Dec-18

  • Sector

    Weightings (%)
  • Financials

    21.4
  • Materials

    19.1
  • Industrials

    12.8
  • Real Estate

    8.9
  • Energy

    7.7
  • Health Care

    7.1
  • Consumer Discretionary

    7.0
  • Consumer Staples

    5.8
  • Communication Services

    4.4
  • Utilities

    3.5
  • Information Technology

    2.3
  • Other/Cash

    0.0
  • Total

    100.0