VanEck Australian Banks ETF
1 day chart
VanEck Australian Banks ETF (MVB, formerly VanEck Vectors Australian Banks 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 Banks Index
Buy Australian shares starting with MVB. Invest today with a CHESS-sponsored investing platform!
What is the VanEck Australian Banks ETF (MVB)?
Over the past seven calendar years to 2022, each of the four ‘big’ banks have been the best performer at least once. It’s challenging to pick which bank will perform best.
Are you banking on it? MVB ETF allows you to invest in all of Australia’s largest banks in one ASX ETF giving you broad exposure to the sector.
What are the benefits of the MVB ETF?
Find the main benefits of the MVB ETF here:
Why invest? If you are bullish on Aussie banks this is the play for you.
The big banks have typically paid high franked income relative to other sectors and are one of the pillars of the economy. Investors often see this as a great trade to set and forget.
Does MVB pay dividends?
Yes, the MVB ETF pays dividends three times a year.
What are the risks of the VanEck Australian Banks ETF?
An investment in the MVB ETF carries risks associated with financial markets generally, individual company management, industry sectors, stock and sector concentration, fund operations and tracking an index.
Find out more about the VanEck Australian Banks ETF.
To do so follow these steps:
- Sign up in minutes, all you need is some I.D.
- Choose Stake AUS
- Deposit directly into your Stake wallet and you're ready to invest in MVB
This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.