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

Key Features

Size and Liquidity Requirements 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.
Pure-Play Index includes non-local companies.
Diversification Company weightings are capped at 20%.
Review Quarterly.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
1,278.07 1,278.07 --8.64%677.68 - 1,470.85
3,153.94 3,153.94 --37.57%1,442.54 - 3,375.88
3,130.68 3,130.68 --37.57%1,431.90 - 3,350.98
Symbol IndexName
MVMVB MVIS® Australia Banks (AUD) Price Index
MVMVBTRG MVIS® Australia Banks (AUD) Total Return Gross Index
MVMVBTR MVIS® Australia Banks (AUD) Total Return Net Index