MVR - VanEck Resources ETF | Australian Equities | Index
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VanEck Vectors Australian Resources ETF MVR

Fund description: VanEck Vectors Australian Resources ETF (MVR) 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 Resources Index (MVMVRTRG). 

Index description: MVMVRTRG 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 resources sector.

Management style: Replication

 as at 18-Oct-19

  • Exchange

    ASX
  • ASX code

    MVR
  • Bloomberg index code

    MVMVRTRG
  • Index provider

    MV Index Solutions
  • NAV

    $28.43
  • Units outstanding

    2,152,041
  • Net assets

    $61.2M
  • Number of holdings

    25
  • Inception date1

    14-Oct-13
  • ASX commencement

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

as at 18-Oct-19

Key points

Underlying index:
MVIS Australia Resources Index (MVMVRTRG)

The Index comprises:
MVMVRTRG covers at least 90% of the free‑float market capitalisation of the investable universe. Individual Index components are determined using a stringent rules-based methodology focusing on liquidity, with a minimum 20 holdings and maximum weighting of 8%.

The investable universe includes companies which are focused on physical energy commodities (such as coal, oil, gas and uranium) related services and equipment (such as drilling, pipelines, storage and transportation), power generation and renewable energy, and also companies which are focused on mining and resources (such as iron ore, coal, precious metals and other minerals) and mining related services and equipment (such as drilling, explosives, transportation and producers of mining machinery). Also included are companies with the potential to generate 50% of their revenue from mining, when developed. 

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 MVR. For more information about MVIS, click here.

 

MVMVRTRG is the exclusive property of MVIS. MVIS makes no representation regarding the advisability of investing in MVR. 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 MVR and VanEck.

To go to MVIS website click here.
 

Index profile  

  • Bloomberg index code

    MVMVRTRG
  • Launch date

    21-Dec-12
  • Base date

    29-Dec-06
  • Rebalance Frequency

    Quarterly

Top ten index constituents (%) Download all daily index constituents as at 30-Sep-19

Total constituents: 25
Constituent name
ASX code
Weightings (%)
BHP BILLITON LTD
BHP AU
7.95
RIO TINTO LTD
RIO AU
7.92
WOODSIDE PETROLEUM LTD
WPL AU
6.93
NEWCREST MINING LTD
NCM AU
6.64
FORTESCUE METALS GROUP LTD
FMG AU
6.01
SANTOS LTD
STO AU
5.74
ORIGIN ENERGY LTD
ORG AU
5.16
AURIZON HOLDINGS LTD
AZJ AU
4.69
CALTEX AUSTRALIA LTD
CTX AU
4.61
ORICA LTD
ORI AU
4.57
Top ten total (%) 60.22
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 30-Sep-19

  • Country

    Weightings (%)
  • Australia

    100.0
  • Total

    100.0

Index industry weightings (%) as at 30-Sep-19

  • Industry

    Weightings (%)
  • Metals & Mining

    55.9
  • Oil, Gas & Consumable Fuels

    30.1
  • Road & Rail

    4.7
  • Chemicals

    4.6
  • Energy Equipment & Services

    3.6
  • Construction & Engineering

    1.2
  • Total

    100.1