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

Investors access a portfolio that only includes the largest and most liquid ASX-listed companies that generate revenues from
the Australian resources sector, including, for example,
mining services and transport companies. 


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

FUND SIZE MVIS Australia A-REITs Index
FEES 0.35% p.a




  • Reference Index strategy: In a single trade on ASX, each Fund gives investors a diversified portfolio of Australian listed companies, selected according to the Fund’s Reference Index.

  • Exchange Traded Fund: Each Fund is an ETF. ETFs provide investors with the best attributes of both a managed fund and listed shares. When you invest in the Fund, you gain
    access to a portfolio of investments, constructed
    using professional skills and knowledge that you
    may not have access to if you invest on your own.
    ETFs can be traded on ASX like listed shares, with
    live pricing throughout the ASX Trading Day. The
    difference between ETF Units and company
    shares is that when you buy units in each Fund you
    acquire exposure to the performance of an entire
    portfolio of securities not just a single company,
    saving you money and time.

  • Liquidity: You can buy and sell ETF Units on ASX. Liquidity in each Fund is facilitated by a Market Maker. The
    Market Maker’s role is to match buy and sell orders
    for ETF Units from ASX Investors. 

  • Trading on ASX: As the ETF Units are quoted on ASX, you have the ability to trade the ETF Units in each Fund
    throughout the day, like trading shares, with
    immediate access to the prices at which you have

  • Transparency of the portfolio holdings, pricing and
    performance: Each Fund’s portfolio holdings will be published daily at www.vaneck.com.au

  • Diversify across Australian Resources: Invest across the range of Australia's resource companies including BHP, Rio Tinto, Woodside and more, in one trade on ASX.

  • Benefit from Australia's international trade: Resource companies leverage off Australia's international trade partners including growing nations such as China and India and more developed countries such as USA and Japan.

  • Tactical Exposure: Targeted investment position to one of the pillars of Australia's economy and our major exports.

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.



Key Features

Key Features

Investment 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: 

  • Passive physical replication: Each Fund employs a passive management strategy of physically replicating the Reference Index by investing directly in the securities that
    comprise the Reference Index, in proportion to their
    relative weightings in the Reference Index. The Funds may also hold other securities determined by us as appropriate to achieve its investment objective. When a security is either added to or removed from the Fund’s Reference Index, the Fund’s portfolio is typically altered to track the
    Reference Index. See sections 8 to 11 for more information on the Funds’ Reference Indexes.

  • Derivatives: Futures traded on a licensed exchange may be
    used by the Funds in extraordinary circumstances to
    gain market exposure without investing directly in
    underlying securities in the Reference Index, or for
    the purpose of short term management of certain
    cash flows with the intention of reducing tracking
    error risk. This allows VanEck to maintain the Fund’s
    liquidity without being under-invested. Derivatives
    are not used in the Funds for speculation or to
    leverage the Fund’s portfolio.


Performance information: Performance information up to the most recent month end, is available at www.vaneck.com.au.
Neither the return of capital invested nor the performance of the Funds is guaranteed. Past performance is not an indicator of current or future returns, which may be higher or lower. 


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
Asset Value is calculated by subtracting the total value of all the liabilities and provisions of the Fund from the total value of all the assets of the respective Fund. The NAV of a Fund is calculated daily based on the closing prices of the securities in
the Fund’s portfolio for that day. The valuation methods applied by VanEck to value the Fund’s assets and liabilities are consistent with the range of ordinary commercial practices for valuations. 


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:

  • Dividend equitisation due to the Reference
    Index assuming that dividends are reinvested
    on the ex-date
  • Corporate actions due to the Reference Index
    assuming that corporate actions are implemented on the ex-date.

Changes to the Fund’s investment objective
or strategy: We may from time to time vary a Fund’s investment
objective or strategy. We will notify Unitholders of any such changes. We provide notices of any updates or changes to information that are not materially adverse to investors by publishing a notice at www.vaneck.com.au on the Fund’s page
or by an announcement via the ASX Market Announcements Platform. 


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
standards or environmental, social or ethical considerations when selecting securities. Accordingly those Funds do not take such matters into consideration when acquiring or realising
investments. The exception is VanEck MSCI Australian Sustainable Equity ETF (‘GRNV’) whose Reference Index takes into account environmental, social and ethical considerations (which may include labour standards) in its selection process
and eligibility criteria. Please refer to section 10 for more information.


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
proxy. The proxy services include conducting indepth company research including ESG (environmental, social and governance)
considerations, providing voting recommendations and vote execution, based on specified guidelines in the best interests of preserving shareholder value. For GRNV, we vote to promote ESG outcomes.

Securities lending: The Funds will not engage in securities lending


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 MVIS Australia Resources Index is a pure-play Australian sector index that combines benchmark with blue-chip characteristics designed to capture the performance of the resources 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 resources sector, including, for example, mining services and transport companies.
Individual Index components are determined using a stringent rules-based methodology focusing on liquidity, with a minimum of 20 holdings, each with a maximum weighting of 8%.

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%