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 22-Feb-19
-
Exchange
ASX -
ASX code
MVR -
Bloomberg index code
MVMVRTRG -
Index provider
MV Index Solutions -
NAV
$28.08 -
Units outstanding
2,001,373 -
Net assets
$56.2M -
Number of holdings
25 -
Inception date1
14-Oct-13 -
ASX commencement
16-Oct-13
as at 22-Feb-19
-
Dividend frequency
2 each year -
Management costs p.a.
0.35% - Investment management team »
- Market Announcements
- MVR Fact Sheet
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.
Index profile
-
Bloomberg index code
MVMVRTRG -
Base date
29-Dec-06
Top ten index constituents (%) Download all daily index constituents as at 31-Jan-19
Constituent name |
ASX code
|
Weightings (%) | |
---|---|---|---|
WOODSIDE PETROLEUM LTD |
WPL AU
|
7.94 | |
BHP BILLITON LTD |
BHP AU
|
7.86 | |
RIO TINTO LTD |
RIO AU
|
7.54 | |
SOUTH32 LTD |
S32 AU
|
6.43 | |
SANTOS LTD |
STO AU
|
5.58 | |
ORIGIN ENERGY LTD |
ORG AU
|
5.53 | |
FORTESCUE METALS GROUP LTD |
FMG AU
|
5.37 | |
NEWCREST MINING LTD |
NCM AU
|
5.31 | |
ALUMINA LTD |
AWC AU
|
4.37 | |
AURIZON HOLDINGS LTD |
AZJ AU
|
4.11 | |
Top ten total (%) | 60.04 |
Index country weightings (%) as of 31-Jan-19
-
Country
Weightings (%) -
AUSTRALIA
100.0 -
Total
100.0
Index industry weightings (%) as at 31-Jan-19
-
Industry
Weightings (%) -
Metals & Mining
55.9 -
Oil, Gas & Consumable Fuels
31.6 -
Road & Rail
4.1 -
Chemicals
3.9 -
Energy Equipment & Services
3.4 -
Construction & Engineering
1.1 -
Total
100.0