Vaneck Australian Banks ETF company info

What does Vaneck Australian Banks ETF do?
VanEck Australian Banks ETF (ASX:MVB) is a passive exchange-traded fund (ETF) that tracks the MVIS Australia Banks Index. The index is made up of the top 10 Australian bank stocks by market capitalization. The ETF provides investors with a convenient and cost-effective way to invest in a diversified portfolio of Australian bank stocks. The ETF's operations are straightforward. It invests in the same stocks as the index, in the same proportions. This means that the ETF's performance will closely follow the performance of the index.
Vaneck Australian Banks ETF company media
Company Snapshot

Is Vaneck Australian Banks ETF a public or private company?

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Ownership
Public

How many people does Vaneck Australian Banks ETF employ?

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Employees
28

What sector is Vaneck Australian Banks ETF in?

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Sector
ETF

Where is the head office for Vaneck Australian Banks ETF?

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Head Office
Sydney, Australia

What year was Vaneck Australian Banks ETF founded?

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Year Founded
2013
What does Vaneck Australian Banks ETF specialise in?
/ETF /Investment /Fund /Managed fund /Wealth /Financials

What are the products and/or services of Vaneck Australian Banks ETF?

Overview of Vaneck Australian Banks ETF offerings
Access to a diversified portfolio of the 15 largest Australian financial companies: VanEck Australian Banks ETF provides investors with access to a diversified portfolio of the 15 largest Australian financial companies listed on the ASX. This allows investors to invest in a wide range of financial companies and reduce their risk.
Tracks the MCSI Australia Select Financials Index: VanEck Australian Banks ETF tracks the MCSI Australia Select Financials Index, which is a market-cap-weighted index of the 15 largest Australian financial companies listed on the ASX. This means that the ETF invests in the largest and most well-established financial companies in Australia.
Low fees and high liquidity: VanEck Australian Banks ETF has low fees and high liquidity, which means that it is a cost-effective and easy-to-trade ETF.
Suitable for investors with a long-term investment horizon and a risk tolerance for investing in the stock market: VanEck Australian Banks ETF is suitable for investors with a long-term investment horizon and a risk tolerance for investing in the stock market. The ETF provides investors with exposure to the Australian banking sector, which is a cyclical sector that can be volatile in the short term, but has historically delivered strong returns over the long term.