VanEck MSCI Australian Sustainable Equity ETF (GRNV)
|Oils Ain’t Oils and Hydrogen Ain’t Hydrogen|
|Sometimes Facts Don’t Change Our Minds|
About this Fund
|FUND MANAGER||VanEck Investments|
|ASSET CLASS||EXCHANGE TRADED FUNDS|
|INVESTMENT STYLE||GRNV gives investors access to a diversified portfolio of sustainable Australian companies.|
|INVESTMENT PROFILE||GRNV aims to provide investment returns, before fees and other costs, which track the performance of the Benchmark.|
|BENCHMARK||MSCI Australia IMI Select SRI Screened Index|
|FUND SIZE||MSCI Australia IMI Select SRI Screened Index|
|NO. OF HOLDINGS|
Benefits of investing in VanEck ETFs
Each Fund provides investors with:
Compared to unlisted actively managed funds, investors benefit from:
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.
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:
How we invest your money
Securities in the MSCI Australia Domestic IMI Index.
Business involvement screening
Securities are screened for exclusion based on the following business activities:
Companies are excluded based on MSCI flags in respect of Environmental, Social and Governance (ESG) controversies.
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.
Threshold for inclusion:
Component weighting and capping
The remaining securities are then weighted by their Free Float Market Capitalisation subject to a 5% weighting cap.