MVB - VanEck Banks ETF | Australian Equities
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VanEck Vectors Australian Banks ETF MVB

Fund description: MVB gives investors exposure to a diversified portfolio of ASX-listed securities with the aim to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MVIS Australia Banks Index is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian banking sector.

Management style: Replication

 as at 28-Sep-20

  • Exchange

    ASX
  • ASX code

    MVB
  • Bloomberg index code

    MVMVBTRG
  • Index provider

    MV Index Solutions
  • NAV

    $20.11
  • Units outstanding

    4,522,326
  • Net assets

    $91.0M
  • Number of holdings

    7
  • Inception date1

    14-Oct-13
  • ASX commencement

    16-Oct-13
1The date the ETF was seeded prior to quotation on ASX.

as at 28-Sep-20

Key benefits

Diversify across Australian banks
Invest in all the banks and remove single bank risk with one trade on ASX
 

Tactical exposure
Targeted investment position to one of the pillars of Australia's economy  

Tax effective income
Australian banks have typically paid high franked income relative to other sectors  

Trading information

  • ASX code

    MVB
  • IRESS code

    MVB.AXW
  • ASX iNAV code

    YMVB
  • IRESS iNAV code

    YMVB.ASX
  • Units outstanding

    4,522,326
  • ISIN

    AU000000MVB2

Fees and other costs  

  • Management costs p.a.

    0.28%

Key risks

An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, stock and sector concentration, fund operations and tracking an index. See the PDS for details.

Prices as at  28-Sep-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
MVB $20.11
$20.14
79,493
27,501
$-0.17 / -0.83%
$-0.92 / -4.37%
-21.79%
-21.60%
$0.03
+0.14%

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 1.37 5.20 -21.05 -24.64 -8.65 -4.29 -- -2.81
Income return 0.00 0.77 0.58 2.28 4.24 4.78 -- 5.08
Total return 1.37 5.97 -20.47 -22.36 -4.41 0.49 -- 2.27
Index (MVMVBTRG) 1.40 6.05 -20.35 -22.12 -4.10 0.81 7.45 2.60
S&P/ASX 200 Financials ex A-REIT Index 1.04 4.33 -18.36 -20.76 -4.43 0.26 -- 1.73
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 5.18 14.48 -20.68 -27.22 -8.55 -6.10 -- -2.88
Income return 0.51 0.56 0.38 3.57 4.16 4.95 -- 5.17
Total return 5.69 15.04 -20.30 -23.65 -4.39 -1.15 -- 2.29
Index (MVMVBTRG) 5.72 15.13 -20.17 -23.41 -4.08 -0.84 7.72 2.62
S&P/ASX 200 Financials ex A-REIT Index 4.42 12.91 -18.65 -21.40 -4.72 -1.07 -- 1.79

Top ten holdings (%) View all daily holdings » as at 31-Aug-20

No. of holdings: 7
Security name
ASX code
No. of securities held Market value % of Fund net
assets
COMMONWEALTH BANK OF AUSTRALIA
CBA AU
368,079 25,132,434 20.65
WESTPAC BANKING CORP
WBC AU
1,337,790 23,464,837 19.28
NATIONAL AUSTRALIA BANK LTD
NAB AU
1,307,265 23,439,261 19.26
AUSTRALIA & NEW ZEALAND BANKING GROUP L
ANZ AU
1,269,483 23,206,149 19.07
MACQUARIE GROUP LTD
MQG AU
180,160 23,006,432 18.90
BENDIGO & ADELAIDE BANK LTD
BEN AU
272,399 1,781,489 1.46
BANK OF QUEENSLAND LTD
BOQ AU
271,125 1,661,996 1.37
OTHER/CASH
--
12,477 0.01
Top ten total (%) 100.00
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-Aug-20

  • Country

    Weightings (%)
  • Australia

    100.0
  • Other/Cash

    0.0
  • Total

    100.0

Industry weightings (%) as at 31-Aug-20

  • Industry

    Weightings (%)
  • Commercial Banks

    81.1
  • Capital Markets

    18.9
  • Other/Cash

    0.0
  • Total

    100.0