VanEck Australian Resources ETF
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106792-2024-03-26-02:50.pdf |
FUND MANAGER | VanEck Investments |
ASX Code | MVR |
APIR | MVR |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | Investors access a portfolio that only includes the largest and most liquid ASX-listed companies that generate revenues from |
INVESTMENT PROFILE | The Fund is designed to capture the performance of the |
CURRENCY MANAGEMENT | |
INCEPTION DATE | 14-10-2013 |
BENCHMARK | MVIS Australia A-REITs Index |
FUND SIZE | MVIS Australia A-REITs Index |
DISTRIBUTION FREQUENCY | Semi-Annually |
NO. OF HOLDINGS | 29 |
FEES | 0.35% p.a |
STRUCTURE |
Benefits
Benefits | Benefits
|
RISK LEVEL | High |
INVESTOR SUITABILITY | MVR is likely to be appropriate for consumers who are comfortable with short and medium term fluctuations in capital value either because they have an investment timeframe of at least five years or because they are seeking a shorter-term tactical exposure to those fluctuations. |
Risks
Title | |
Detail |
Key Features
Key FeaturesInvestment objectives: Each Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars. The Funds do not necessarily aim to perfectly replicate the Reference Index on a oneto-one basis. Investment strategies:
Performance information: Performance information up to the most recent month end, is available at www.vaneck.com.au.
Valuations and pricing: Fund Net Asset Value by the number of ETF Units on issue at the time of the valuation. Each Fund’s Net
Borrowing arrangements: VanEck may maintain borrowing arrangements on behalf of each Fund if it believes it would be in the best interests of Unitholders. The main purposes for borrowing by the Funds are for the short term management of certain cash flows associated with:
Changes to the Fund’s investment objective
Environmental, social and ethical considerations: Each Fund aims to track the performance of its Reference Index. With one exception, the Reference Indexes do not take into account labour
Voting: We intend to exercise all voting rights in accordance with the best interests of Unitholders, without influence by real or apparent conflicts of interest. To assist in the voting process, we have engaged a third party voting specialist to act as our Securities lending: The Funds will not engage in securities lending |
Mandate
How we invest your money:
The VanEck Australian Resources 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 Resources Index. The Index includes the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian resources sector, including, for example, mining services and transport companies. An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, stock and sector concentration, fund operations and tracking an index. See the PDS for details. Asset Allocation:
Stocks: 99.98% Cash: 0.02% |