Bringing you live news and features since 2006 

VanEck licenses MVIS Global Video Gaming & eSports (AUD) Index for Australian ETF

RELATED TOPICS​

MV Index Solutions (MVIS) has licensed the MVIS Global Video Gaming & eSports (AUD) Index (MVESPOA) to VanEck Investments Limited for the use as an underlying for an exchange traded fund incorporated in Australia. The Fund aims to provide investment returns before fees and other costs.

The newly listed ETF is the third product issued by VanEck based on the MVIS Global Video Gaming & eSports Index. The index has been used as an underlying for a VanEck Vectors ETF listed in the US since October 2018, and for another VanEck Vectors ETF listed in Europe since June 2019. With MVIS’ index as underlying, VanEck now offers the first ETF in this innovative business segment on Australian Securities Exchange (ASX).

The MVIS Global Video Gaming & eSports (AUD) Index (ticker: MVESPOA) is a pure play index that tracks the performance of global companies that generate at least 50 per cent of their revenues (25 per cent for current components) from the video gaming and eSports sector. These companies may include those that develop video games and related software/hardware, streaming services, and are involved in eSports events.

“We are thrilled to support the launch of the third ETF tracking our Global Video Gaming & eSports (AUD) Index (MVESPOA) by VanEck Investments Limited in Australia, building on the success of European and US listed ETFs of tracking the index, which have gathered more than $1.2 billion globally in assets. The growth of Video Gaming and E-Sports is a powerful global phenomenon, and MVESPOA encompasses the cutting-edge companies from around the world which are driving innovation in this dynamic field,” says Steven Schoenfeld, CEO at MV Index Solutions.

The MVIS Global Video Gaming and eSports (AUD) Index is weighted by free float market capitalisation and is calculated in Australian Dollar as a price and a total return net index. Capping factors are applied to avoid overweighting of single index companies. The index is reviewed quarterly. Detailed information about the index including methodology details and index data are available on MV Index Solutions website.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by