MVIS Australia Banks Index (AUD)

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 29.77 million in assets under management.

Components

The MVIS Australia Banks Index (AUD) counts currently 7 components. The full list of the components with the respective weights is available below.

Items 1-7 of total 7
ComponentCountryWeight
COMMONWEALTH BANK OF AUSTRALIAAU21.68%
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITEDAU19.44%
NATIONAL AUSTRALIA BANK LTDAU18.97%
MACQUARIE GROUP LTD ORDAU18.50%
WESTPAC BANKING CORPORATIONAU17.92%
BENDIGO AND ADELAIDE BANKAU2.18%
BANK OF QUEENSLAND LTDAU1.31%
Items 1-7 of total 7
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