The VanEck Geared Australian Equal Weight Fund ETF, trading under the ticker AU:GMVW, is a distinctive financial instrument tailored for investors seeking exposure to large-cap equities within the Australian market. As a Size and Style focused ETF, it strategically emphasizes large-cap stocks, providing a robust platform for investors aiming to capitalize on the stability and growth potential of well-established companies. The fund's unique approach lies in its equal weight methodology, ensuring that each constituent in the portfolio holds an equivalent influence, thereby mitigating the concentration risk often associated with traditional market-cap weighted indices.
This broad-based niche ETF is designed to appeal to those looking for a balanced investment strategy that leverages the inherent strengths of Australia's largest companies while maintaining a diversified exposure. The equal weight strategy also positions the fund as an attractive option for investors who wish to benefit from the potential upside of lesser-known large-cap stocks that may not dominate traditional indices. By incorporating a geared, or leveraged, component, the VanEck Geared Australian Equal Weight Fund ETF offers the potential for amplified returns, appealing to more adventurous investors seeking enhanced performance.
Overall, AU:GMVW serves as a compelling choice for investors desiring a sophisticated blend of size and style, offering a well-rounded, strategic investment vehicle in the Australian large-cap equity space.
Asset Class
Equity
Region
Asia-Pacific
Issuer
VanEck
Index Tracked
Ticker Symbol
AU:GMVW
VanEck Geared Australian Equal Weight Fund ETF (GMVW) Fund Flow Chart
VanEck Geared Australian Equal Weight Fund ETF (GMVW) 1 year Net Flows: 2M
GMVW ETF FAQ
What was AU:GMVW’s price range in the past 12 months?
AU:GMVW lowest ETF price was 31.72 and its highest was 42.29 in the past 12 months.
What is the AUM of AU:GMVW?
As of Jan 28, 2025 The AUM of AU:GMVW is 14.11M.
Is AU:GMVW overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does AU:GMVW pay dividends?
AU:GMVW does not currently pay dividends.
How many shares outstanding does AU:GMVW have?
Currently, no data Available
Which hedge fund is a major shareholder of AU:GMVW?
Currently, no hedge funds are holding shares in AU:GMVW