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MVE

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1d
1w
1m

Analysis and statistics

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About

MVE.AU represents the VanEck MSCI International Value ETF. This exchange-traded fund is listed on the Australian Securities Exchange (ASX) and seeks to replicate the performance of the MSCI World ex Australia Value Index (AUD). The fund provides investors with exposure to a diversified portfolio of international developed market companies, excluding Australia, that exhibit value characteristics. These value characteristics are based on factors such as low price-to-book ratios, low price-to-earnings ratios, and high dividend yields, aiming to capture potential upside from undervalued stocks.
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Factors

MVE.AU price is influenced by various factors. Market Demand: Higher demand drives prices up, lower demand pushes them down. Investor sentiment greatly impacts this. Net Asset Value (NAV): MVE.AU aims to track underlying asset performance, so NAV changes due to constituents' price fluctuations impact the ETF price. Supply of ETF Units: Creation/redemption mechanisms by market makers adjust unit supply based on demand, influencing price toward NAV. Index Performance: MVE.AU tracks an index; therefore the index's performance directly affects the ETF's value. Components driving index value will impact the ETF.

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