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MVR

VanEck Australian Resources ETF

1 day chart

About MVR

VanEck Australian Resources ETF (MVR, formerly VanEck Vectors Australian Resources ETF) is an Australian exchange-traded fund. MVR 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 Energy & Mining Index. VanEck Investments Limited is a responsible entity of the MVR.

Buy Australian shares starting with MVR. Invest today with a CHESS-sponsored investing platform!

Sector

Financials

CEO

-

Industry

Capital Markets

Market Capitalisation

$408M

Price-earnings ratio

-30.72

Dividend yield

4.66%

High today

$35.10

Low today

$34.87

Open price

$35.00

52-week high

$40.00

52-week low

$34.37


Announcements





What is the VanEck Australian Resources ETF (MVR)?

MVR gives investors a resourceful addition to their portfolios. Invest across Australia's powerhouse resource companies in one trade.

MVR ETF includes a diverse range of Australia’s top resource and energy companies including BHP, Rio, Woodside, Newcrest and more.

This ETF offers a targeted investment position in one of the pillars of the Australian economy.

Global demand for energy is pushing Australia’s resource and energy export revenues to new highs with an ongoing surge in demand for materials needed for low-emissions technology such as batteries, solar panels and electric vehicles.

What are the benefits of the MVR ETF?

Find the main benefits of the MVR ETF here:

  • Resource companies leverage off other trade partners including India and more developed nations such as the USA and Japan.

  • During times of inflation, there are some companies that tend to do better than others. These tend to be assets backed by something physical, sometimes these are called ‘real’ assets including commodities. The miners of these commodities also tend to do better

  • Australian resources companies have performed relatively well so far in 2022. As the Australian market is dominated by resources, our own market has been resilient compared to many other major markets. Many of these companies recently posted results that were generally strong. That will come as no surprise, because a company previously selling something for $100, which is now getting $400 for it, will make more money, assuming input costs do not rise.

Does MVR pay dividends?

Yes, MVR ETF pays dividends twice a year.

What are the risks of the VanEck Australian Resources ETF?

An investment in the MVR 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 Resources ETF.


MVR FAQs

Yes, the Stake platform allows you to buy MVR shares and over 8,000 stocks and ETFs across the ASX and Wall St.

One share of VanEck Australian Resources ETF is valued at $34.99.

The ticker symbol for VanEck Australian Resources ETF is MVR.

To buy MVR stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake AUS
  3. Deposit directly into your Stake wallet and you're ready to invest in MVR

The VanEck Australian Resources ETF 52-week high stock price is $40.00.

The VanEck Australian Resources ETF 52-week low stock price is $34.37.

As of 24/02/2024 VanEck Australian Resources ETF has a market cap of $408M.


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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.


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