QHAL - VanEck World ex Australia Quality (Hedged) ETF | International equities

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VanEck Vectors MSCI World ex Australia 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

 as at 03-Jun-20

  • Exchange

    ASX
  • ASX code

    QHAL
  • Bloomberg index code

    HA724440
  • Index provider

    MSCI Inc.
  • NAV1

    $29.65
  • Units outstanding1

    6,360,034
  • Net assets1

    $188.6M
  • Number of holdings1

    300
  • Inception date2

    21-Mar-19
  • ASX commencement

    25-Mar-19
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 03-Jun-20

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 3pm next business day.

Key points

  • Seeks to identify quality stocks by screening based on MSCI quality scores for 1) high return on equity,  2) stable annual earnings growth, and 3) low financial leverage
   
  • Potential for greater diversification while seeking to reduce volatility in international portfolios

  • Based on an MSCI index, a leader in international equity indexing  
  
  • Hedged to Australian dollars

Trading information

  • ASX code

    QHAL
  • IRESS code

    QHAL.AXW
  • Units outstanding

    6,360,034
  • ISIN

    AU0000041204

Fees and other costs  

  • Management costs p.a.

    0.43%

Prices as at  03-Jun-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
QHAL $29.65
$29.54
48,894
40,615
$0.33 / +1.12%
$0.19 / +0.65%
+0.02%
-1.14%
$-0.11
-0.38%

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 10.35 -7.29 -0.10 2.94 -- -- -- 5.79
Income return 0.00 0.00 0.00 1.56 -- -- -- 1.45
Total return 10.35 -7.29 -0.10 4.50 -- -- -- 7.24
Index (HA724440) 10.40 -7.13 0.18 4.98 10.66 10.36 13.42 7.72
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 -8.88 -15.56 -6.95 -3.24 -- -- -- -3.43
Income return 0.00 0.00 0.00 1.47 -- -- -- 1.42
Total return -8.88 -15.56 -6.95 -1.77 -- -- -- -2.01
Index (HA724440) -8.77 -15.42 -6.71 -1.35 7.74 8.41 12.33 -1.58

Top ten holdings (%) View all daily holdings » as at 30-Apr-20

No. of holdings: 299
Security name
Ticker
% of Fund net
assets
MICROSOFT CORP
MSFT US
5.75
APPLE INC
AAPL US
5.32
FACEBOOK INC
FB US
3.06
JOHNSON & JOHNSON
JNJ US
2.96
VISA INC
V US
2.68
ALPHABET INC
GOOG US
2.50
ALPHABET INC
GOOGL US
2.39
ROCHE HOLDING AG
ROG SW
2.37
MASTERCARD INC
MA US
2.24
NESTLE SA
NESN SW
1.97
Top ten total (%) 31.24
These are not recommendations to buy or to sell any security.
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 30-Apr-20

  • Country

    Weightings (%)
  • United States

    68.5
  • United Kingdom

    5.7
  • Switzerland

    5.4
  • Japan

    3.1
  • France

    2.1
  • Denmark

    1.8
  • Ireland

    1.4
  • Netherlands

    1.3
  • Canada

    1.3
  • Germany

    0.8
  • Sweden

    0.6
  • China

    0.6
  • Finland

    0.4
  • Spain

    0.4
  • Italy

    0.3
  • Singapore

    0.1
  • New Zealand

    0.1
  • Israel

    0.1
  • Portugal

    0.0
  • Norway

    0.0
  • Belgium

    0.0
  • Other/Cash

    6.0
  • Total

    100.0

Sector weightings (%) as at 30-Apr-20

  • Sector

    Weightings (%)
  • Information Technology

    32.6
  • Health Care

    19.8
  • Consumer Staples

    10.9
  • Industrials

    9.4
  • Communication Services

    8.7
  • Consumer Discretionary

    8.3
  • Financials

    2.7
  • Materials

    1.3
  • Real Estate

    0.3
  • Other/Cash

    6.0
  • Total

    100.0