Benefits of investing in VanEck ETFs

Each Fund provides investors with:

• Cost effective and easy access to a portfolio of Australian equities via a single trade on ASX

• Transparency of holdings, pricing and performance, and

• Flexibility of intraday ASX trading capability.

Compared to unlisted actively managed funds, investors benefit from:

• trading via live prices on ASX;

• potentially lower costs and lower tax liabilities;

• liquidity;

• transparency; and

• intraday trading.

About the Fund

GRNV gives investors access to a diversified portfolio of sustainable Australian companies selected on the basis of in-depth analysis by world leading research agency MSCI ESG Research. GRNV aims to provide investment returns, before fees and other costs, which track the performance of the Index. 

Index description

MSCI Australia IMI Select SRI Screened Index aims to represent the performance of a diversified portfolio of Australian companies that have high Environmental, Social and Governance (ESG) performance by:

1. Excluding companies that own any fossil fuel reserves or derive revenue from mining thermal coal or from oil and gas related activities;
2. Excluding companies with business activities that are not socially responsible investments (SRI); and
3. Targeting companies with high ESG ratings.

How we invest your money

Eligible universe

Securities in the MSCI Australia Domestic IMI Index.

Business involvement screening

Securities are screened for exclusion based on the following business activities:

• Adult entertainment

• Alcohol

• Animal welfare

• Civilian Firearms

• Conventional weapons

• Controversial weapons

• Fossil fuels

• Gambling

• Genetically modified organisms (GMO)

• Nuclear power

• Nuclear weapons

• Tobacco

Controversies exclusion

Companies are excluded based on MSCI flags in respect of Environmental, Social and Governance (ESG) controversies.

Nutrition screening

• Soft drinks

• Nutrition and health

ESG ratings exclusion

All companies with ESG ratings lower that A' (based on MSCI's scale from AAA' to CCC') are excluded. Only companies with rating A', AA' and AAA' are included.

Size select

Threshold for inclusion:

• New constituents - US$750m

• Existing constituents - US$500m

Component weighting and capping

The remaining securities are then weighted by their Free Float Market Capitalisation subject to a 5% weighting cap.