The modified market cap-weighted index tracks the performance of the largest and most liquid companies of the Australian banking segment, incorporated in Australia and listed on the Australian Stock Exchange (ASX). Its unique pure-play approach expands local exposure to include non-local companies, incorporated outside Australia but with a listing on the ASX, that generate at least 50% of their revenues from the Australian banking sector. The MVIS Australia Banks Index (AUD) (MVMVB) is calculated in local currency (AUD) and has been licensed to underlie financial products with currently USD 130.88 million in assets under management.
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Index includes non-local companies.
Company weightings are capped at 20%.
677.68 - 1,353.30
1,431.90 - 2,992.87
1,442.54 - 3,015.10
MVIS Australia Banks (AUD) Price Index
MVIS Australia Banks (AUD) Total Return Net Index
MVIS Australia Banks (AUD) Total Return Gross Index
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