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ASX Code: | MVW |
Name: | Market Vectors Australian Equal Weight ETF |
Sector: | Australian Equity |
Benchmark: | Market Vectors Australia Equal Weight Index |
Management Fee: | 0.35% |
Here's something a little different. While most indexes are weighted by market capitalization (the current price of all of their shares), The Market Vectors Australian Equal Weight ETF fund is comprised of about 60 to 70 or Australia's largest listed companies all with equal weightings - regardless of size.
You can find out more about the fund here.
See also:
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