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VanEck Geared Australian Equal Weight Fund (Hedged Fund) (ASX: GMVW) - Share Price and Research

Current share price for GMVW : $36.340 0.12 (0.33%)+

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) gives investors geared exposure to the VanEck Australian Equal Weight ETF (MVW).

GMVW General Information +

ASX Code GMVW
Website http://www.vaneck.com.au/etf/equity/gmvw/snapshot
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 9
GMVW Share Price $36.340
Day High $36.340
Day Low $36.340
Last Close $36.460
GMVW Share Price Movement $0.12 ( 0.33% )
Prices as at 16:40, 29 Aug 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

GMVW Related Research

Exchange Traded Fund Description

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) gives investors geared exposure to the VanEck Australian Equal Weight ETF (MVW).

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult $1.52 45% 1 Jul 2024 25 Jul 2024 $36.340 $36.710 -

See all dividends from VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW)
VANECK GEARED AUST. EQUAL WEIGHT FUND (HEDGE FUND)
 Financials $9 Issued Units Outstanding as at 31 July 2024 7 Aug 2024 1:23PM $33.430 $36.340 risen by 8.70%
VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW)
VANECK GEARED AUST. EQUAL WEIGHT FUND (HEDGE FUND)
 Financials $9 Monthly Disclosure Information as at 31 July 2024 6 Aug 2024 3:05PM $33.000 $36.340 risen by 10.12%
VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW)
VANECK GEARED AUST. EQUAL WEIGHT FUND (HEDGE FUND)
 Financials $9 Dividend component details 11 Jul 2024 3:43PM $34.940 $36.340 risen by 4.01%

GMVW Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) $9M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Magellan Financial Group (MFG) $1,668M 0.0198 -0.0581 0.0145 9.0464 9.6046 9.4676 7.05% 6.03% 5.38%
Netwealth Group (NWL) $5,485M 0.2382 0.1821 0.2429 65.8358 55.6934 44.8104 1.25% 1.50% 1.84%
Pinnacle Investment Management Group (PNI) $3,502M 0.1667 0.1969 0.1911 37.8901 31.6563 26.5762 2.44% 2.84% 3.39%
Perpetual (PPT) $2,359M -0.2217 0.0903 0.0134 12.3217 11.3015 11.1519 7.51% 6.78% 6.78%

GMVW Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.00 0.00
Market 0.32 14.00 1.06 0.86
Sector 0.00 0.00 0.00 0.00

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) Changes in Directors' Interest & Trades

There are no directors' trades from VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

FAQs about VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW)

VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) current share price is $36.34. This constitutes a price movement of 1.01% when compared to the share price 7 days ago and is -6.46% below GMVW's 12-month high of $38.85 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $36.46, VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) current share price of $36.34 constitutes a movement of -$0.12 or -0.33%. VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) share price movement is -1.01% when compared to 7 days ago and is -6.46% below GMVW's 52-week high of $38.85.

VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) 52-week high is $38.85 which was reached on 28 Mar 2024. Relative to this, GMVW's current share price of $36.34 constitutes a -$2.51 or -6.46% drop since that high of $38.85 per GMVW share.

VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) 52-week low is $32.99 which was reached on 5 Aug 2024. Relative to this, GMVW's current share price of $36.34 constitutes a $3.35 or 10.15% gain since that low of $32.99 per GMVW share.

VanEck Geared Australian Equal Weight Fund (Hedged Fund)'s (GMVW) current market capitalisation is $9,097,138. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) last distribution or dividend was $1.52 per share and was paid on 25 Jul 2024. This last GMVW distribution or dividend included 45% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 25 Jul 2024

ETFs, such as VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) has a current dividend yield of n/a this year. Last year's dividend yield was n/a. The dividend yield for GMVW is a ratio that tells you the percentage of VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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