Vaneck MVR ETF (ASX:MVR)
The VanEck MVR ETF provides focused exposure to the Australian resources sector, which is a significant part of the Australian economy. This is a low-cost way to invest in the Australian resources industry through a single fund.
What does the MVR invest in?
MVR invests in the Australian resources sector, including blue chip companies like Rio Tinto, BHP, Fortescue and Woodside Petroleum. You could buy all of these companies yourself using a share brokerage account, but ETFs can be an effective way to invest in an entire sector through a single trade.
What do investors use MVR for?
The MVR ETF could be used by investors looking to invest in Australia’s resources sector. This ETF tracks the MVIS Australia Resources Index and uses a rules-based methodology focusing on liquidity.
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