VanEck Blog & Insights

VanEck Vectors Australian Property ETF MVA

Fund description: MVA invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns before fees and other costs that closely track the returns of the Index. 

Index description: MVIS Australia A-REITs Index is a pure-play rules-based Australian sector index, designed to capture the performance of the property sector of the Australian economy. The Index tracks the performance of the largest and most liquid ASX-listed Real Estate Investment Trusts (A-REITs). 

Management style: Replication

 as at 14-Jun-19

  • Exchange

    ASX
  • ASX code

    MVA
  • Bloomberg index code

    MVMVATRG
  • Index provider

    MV Index Solutions
  • NAV

    $25.62
  • Units outstanding

    9,011,159
  • Net assets

    $230.9M
  • Number of holdings

    11
  • Inception date1

    14-Oct-13
  • ASX commencement

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

as at 14-Jun-19

Key points

Underlying index:
MVIS Australia A-REITs Index (MVMVATRG)

The Index comprises:
MVMVATRG covers at least 90% of the free‑float market capitalisation of the investable universe to track the performance of the largest and most liquid local and offshore ASX-listed Australian real estate investment trusts (A-REITs). Individual Index components are determined using a stringent rules-based methodology, focusing on liquidity, with a minimum 10 holdings and maximum weighting of 10%.

Companies eligible for inclusion in Index:  

  • Market cap exceeding US$150 million
  • Three-month average-daily-trading volume of at least US$1 million 
  • At least 250,000 securities traded per month

 

Index provider:
MV Index Solutions (MVIS), a related body corporate of VanEck Investments Limited, the responsible entity and issuer of MVA. For more information about MVIS, click here.

 

MVMVATRG is the exclusive property of MVIS. MVIS makes no representation regarding the advisability of investing in MVA. MVIS has contracted with Solactive AG (‘Solactive’) to maintain and calculate the Index. Solactive uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MVIS, Solactive has no obligation to point out errors in the Index to third parties. The PDS contains a more detailed description of the limited relationship MVIS and Solactive have with MVA and VanEck.

To go to MVIS website click here.
 

Index profile  

  • Bloomberg index code

    MVMVATRG
  • Base date

    21-Dec-12

Top ten index constituents (%) Download all daily index constituents as at 31-May-19

Total constituents: 11
Constituent name
ASX code
Weightings (%)
STOCKLAND
SGP AU
11.59
MIRVAC GROUP
MGR AU
10.88
CHARTER HALL GROUP
CHC AU
10.55
CENTRO RETAIL AUSTRALIA
VCX AU
9.77
GOODMAN GROUP
GMG AU
9.76
DEXUS PROPERTY GROUP
DXS AU
9.75
SCENTRE GROUP
SCG AU
9.23
GPT GROUP
GPT AU
9.01
SHOPPING CENTRES AUSTRALASIA
SCP AU
7.94
BWP TRUST
BWP AU
6.68
Top ten total (%) 95.16
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 31-May-19

  • Country

    Weightings (%)
  • AUSTRALIA

    100.0
  • OTHERS

    0.0
  • Total

    100.0

Index industry weightings (%) as at 31-May-19

  • Industry

    Weightings (%)
  • Equity Real Estate Investment

    100.0
  • OTHERS

    0.0
  • Total

    100.0