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 125.86 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 (as of latest close) is available below.

Items 1-7 of total 7
ComponentCountryWeight
COMMONWEALTH BANK OF AUSTRALIAAU20.89%
WESTPAC BANKING CORPORATIONAU20.45%
NATIONAL AUSTRALIA BANK LTDAU19.68%
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITEDAU18.77%
MACQUARIE GROUP LTD ORDAU16.81%
BANK OF QUEENSLAND LTDAU1.75%
BENDIGO AND ADELAIDE BANKAU1.65%
Items 1-7 of total 7
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