Fund description: VanEck Vectors Australian Banks ETF (MVB) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the Market Vectors Australia Banks Index (MVMVBTRG).Index description: MVMVBTRG is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian banking sector. [Less]