MVB gives investors exposure to a diversified portfolio of ASX-listed securities.

The Fund is designed to capture the performance of the banking sector of the Australian economy. 

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.

Therefore MVB is likely to be appropriate for consumer’s who are higher risk in nature, can accept higher potential losses in order to target a higher return or have a more aggressive or very high risk appetite, can accept higher potential losses and seek to maximise returns.

The VanEck Australia Banks ETF 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 Banks Index.

The MVIS Australia Banks Index is a pure-play Australian sector index that combines benchmark with blue-chip characteristics designed to capture the performance of the banking sector of the Australian economy.

The Index includes the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian banking sector.

Individual Index components are determined using a stringent rules based methodology focusing on liquidity, with a minimum of 6 holdings, each with a maximum weighting of 20%. 

How we invest your money

MVIS Australia Banks Index
At least 90% of the Free-float Market Capitalisation of the Investable Index Universe

1. Stocks covering the top 85% of the Free-float Market Capitalisation of the Investable Index Universe qualify for selection.
2. Existing components between the 85th and 98th percentiles also qualify for the Reference Index.
3. If the coverage is still below 90% or the number in the Reference Index is still below 7 companies, the largest remaining stocks will be selected until coverage of at least 90% is reached and the number of stocks equals