VanEck Vectors Australian Property ETF (ASX:MVA)

VanEck Vectors Australian Property ETF is an exchange traded fund launched by Market Vectors Investments Limited. The fund is managed by Van Eck Associates Corporation. It invests in the public equity markets of Australia. The fund seeks to invest in the stocks of companies operating in the property sector, which include real estate investment trusts (REIT’s). The fund invests in the stocks of large-cap companies, with market capitalization of more than US $150 million. It seeks to replicate the performance of the Market Vectors Australia A-REITs Index, by investing in the stocks of companies as per their weightings in the index. The fund was formerly known as Market Vectors Australian Property ETF. VanEck Vectors Australian Property ETF was formed on October 14, 2013 and is domiciled in Australia.