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

Current share price for GMVW : $38.920 0.16 (0.41%)+

VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. VanEck Geared Australian Equal Weight Fund (Hedged Fund) (GMVW) gives investors geared exposure to the VanEck Australian Equal Weight ETF (MVW).

General Information

VanEck Geared Australian Equal Weight Hedged
VanEck Investments Limited
Equity Australia Large Geared
S&P/ASX 200 TR AUD
Not Rated
Not Rated
Investment Fund
28 Feb 2024
$13.41 million (as at 5 Nov 2024)
n/a
n/a

GMVW ETF performance (30 Sep 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 7.37 16.23 6.37 - - - - -
Growth return -3.2 3.91 3.72 - - - - -
Income return (Yield) 10.57 12.32 2.65 - - - - -

Market index (S&P/ASX 200 TR AUD)
Total return -1.31 2.1 8.44 24.89 13.39 8.01 8.17 8.32

Asset Allocation (30 Sep 2024)

Australian Equities 100%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

GMVW gives investors geared exposure to a portfolio of the largest and most liquid ASX-listed companies all equally weighted with diversification across both companies and sectors.
GMVW combines investor application money with borrowed funds and invests in the VanEck Australian Equal Weight ETF (MVW).

Offer information

Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.