QSML - Snapshot

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VanEck MSCI International Small Companies Quality ETF QSML

Fund description: QSML gives investors a diversified portfolio of 150 international developed market small-cap quality growth securities. QSML aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MSCI World ex Australia Small Cap Quality 150 Index measures the performance of the 150 largest international quality small-cap growth companies selected from the MSCI World ex Australia Small Cap Index at rebalance.

Management style: Replication

Country of domicile: Australia

 as at 25-May-22

  • Exchange

    ASX

  • ASX code

    QSML

  • Bloomberg index code

    NA735934

  • Index provider

    MSCI Inc.

  • NAV1

    $19.46

  • Units outstanding1

    1,600,043

  • Net assets1

    $31.1M

  • Number of holdings1

    149

  • 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 25-May-22

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.
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Key benefits

150 of the world's highest quality small companies
Access a diversified portfolio containing some of the world's highest quality small companies based on three key fundamentals: (i) high return on equity; (ii) earnings stability; and (iii) low financial leverage.

Outperformance potential in growing companies
Investments focusing on quality small companies have delivered outperformance over the long term relative to other global small companies benchmarks and also relative to large- and mid-cap benchmarks.

Diversified across countries, sectors and companies
Offering investors a portfolio of 150 companies across a range of geographies, sectors and economies.

Trading information

  • ASX code

    QSML

  • IRESS code

    QSML.AXW

  • Units outstanding

    1,600,043

  • ISIN

    AU0000137804

Fees and other costs  

  • Management costs p.a.

    0.59%

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  25-May-22

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
QSML $19.46
$19.22		 3,101
3,696		 $0.30 / +1.56%
$-0.03 / -0.16%		 -19.06%
-19.82%
 $-0.24
-1.25%

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 -1.72 -10.15 -13.31 -7.74 -- -- -- 0.22
Income return 0.00 0.00 0.00 0.21 -- -- -- 0.20
Total return -1.72 -10.15 -13.31 -7.53 -- -- -- 0.42
MSCI World ex Australia Small Cap Quality 150 Index -1.69 -10.06 -13.15 -7.09 9.57 12.27 17.16 0.88
MSCI World ex Australia Small Cap Index -2.63 -8.00 -10.48 -5.07 7.07 -- -- -0.23
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 -4.86 -14.79 -9.71 -3.01 -- -- -- 1.88
Income return 0.00 0.00 0.00 0.22 -- -- -- 0.22
Total return -4.86 -14.79 -9.71 -2.79 -- -- -- 2.10
MSCI World ex Australia Small Cap Quality 150 Index -4.82 -14.69 -9.53 -2.33 12.64 13.87 17.38 2.57
MSCI World ex Australia Small Cap Index -2.78 -9.73 -8.44 -0.21 9.48 -- -- 2.28
The tables above show past performance of the ETF from 8 March 2021. Index performance shown prior to 15 February 2021 ("Launch Date") is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.
The MSCI World ex Australia Small Cap Index (“MSCI World ex Aus”) is shown for comparison purposes as it is the widely recognised benchmark used to measure the performance of developed market small-cap companies, weighted by market capitalisation.

Top ten holdings (%) View all daily holdings » as at 30-Apr-22

No. of holdings: 149
Security name
Ticker
 No. of securities held Market value % of Fund net
assets
AVIS BUDGET GROUP INC
CAR US
 1,464 551,423 1.83
QUANTA SERVICES INC
PWR US
 3,305 539,385 1.79
FIRST HORIZON NATIONAL CORP
FHN US
 15,847 499,058 1.65
ASPEN TECHNOLOGY INC
AZPN US
 2,126 474,292 1.57
RELIANCE STEEL & ALUMINUM CO
RS US
 1,561 435,472 1.44
WILLIAMS-SONOMA INC
WSM US
 2,181 400,446 1.33
MANHATTAN ASSOCIATES INC
MANH US
 2,120 389,455 1.29
TEXAS PACIFIC LAND CORP
TPL US
 192 369,221 1.22
WATSCO INC
WSO US
 932 349,875 1.16
HUBBELL INC
HUBB US
 1,268 348,577 1.15
Top ten total (%) 14.43
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 30-Apr-22

  • Country

    Weightings (%)

  • United States

    77.6

  • United Kingdom

    9.2

  • Sweden

    4.3

  • Netherlands

    1.7

  • Switzerland

    1.1

  • Denmark

    1.0

  • Finland

    0.7

  • Japan

    0.7

  • Czech Republic

    0.6

  • Canada

    0.6

  • Norway

    0.6

  • France

    0.4

  • Thailand

    0.4

  • Italy

    0.3

  • Other/Cash

    0.7

  • Total

    99.9

Sector weightings (%) as at 30-Apr-22

  • Sector

    Weightings (%)

  • Industrials

    32.4

  • Financials

    20.1

  • Consumer Discretionary

    15.6

  • Information Technology

    13.8

  • Health Care

    7.0

  • Materials

    4.6

  • Communication Services

    2.9

  • Consumer Staples

    1.7

  • Energy

    1.2

  • Other/Cash

    0.7

  • Total

    100.0