MVIS Australia Banks (AUD) Index
The MVIS Australia Banks Index (MVMVB) tracks the performance of the largest and most liquid companies in the banking industry that are incorporated in Australia and listed on the Australian Stock Exchange (ASX). This is a modified market cap-weighted index, and also includes non-local companies incorporated outside Australia which are listed on the ASX that generate at least 50% of their revenue from the Australian banking sector. MVMVB covers at least 90% of the investable universe and is calculated in Australian Dollars
Country and Sector Weightings
MVIS Sector Indices are pure-play sector indices. Companies must generate at least 50% of their revenues in the target sector to be eligible for index inclusion. Country and Sector weightings are based on the weightings of all index components in a certain country or sector.
| Country | Components | Weight |
| Australia | 7 | 100.00% |
| Total | 7 | 100.00% |
| Sector | Components | Weight |
| Financials | 7 | 100.00% |
| Total | 7 | 100.00% |
Size Weightings
- Large-Cap: companies with a market capitalisation above 6,000 mln AUD
- Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln AUD
- Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln AUD
- Micro-Cap: companies with a market capitalisation up to 200 mln AUD
| Size | Market Cap | Components | Weight |
| Large-Cap | 478,883,410,000 AUD | 5 | 97.36% |
| Mid-Cap | 9,831,548,700 AUD | 2 | 2.64% |
| Small-Cap | - | - | - |
| Micro-Cap | - | - | - |
| Total | 488,714,958,700 AUD | 7 | 100.00% |
