Key Highlights

  • The fund physically replicates the MSCI World ex Australia Quality Index across 306 companies.
  • Technology (39.36%) and Healthcare (14.59%) are weighted above category averages.
  • The management fee is 0.40% and reported turnover is 24.70%.
  • The July 2026 distribution of $2.160 is lower than the $2.640 paid in July 2024.

VanEck MSCI International Quality ETF (ASX:QUAL) employs a passive strategy of physically replicating its reference index by investing directly in the underlying securities. The fund was admitted to the ASX on 31 October 2014 and last traded at $64.09 on 13 October 2026. It reports a fund size of $9.34 billion and tracks the MSCI World ex Australia Quality Index.

Detail

Information

Ticker

ASX:QUAL

Fund

VanEck MSCI International Quality ETF

Category

Equity World Large Blend

Benchmark

MSCI World ex Australia Quality NR AUD

Fund size

$9.34 billion

Management fee

0.40%

Total holdings

306

ASX admission date

31 October 2014

Holdings

The ten largest positions account for 39.10% of the fund. Microsoft leads at 5.89%, followed by Meta Platforms (5.46%), Apple (5.34%), NVIDIA (4.96%) and Broadcom (4.09%). Eli Lilly (3.47%), ASML Holding (2.85%), Visa (2.60%), Alphabet Class A (2.38%) and Johnson & Johnson (2.00%) complete the list.

Turnover is 24.70%, which is considerably higher than the figures reported by plain market-capitalisation index funds.

Sector and country positioning

Technology holds 39.36% against 30.99% for the category, Healthcare 14.59% against 10.20% and Communication Services 12.01% against 8.01%. Financial Services is 9.69%, well below the 16.98% category weighting, and Consumer Cyclical is 3.08% against 8.79%. Energy is 0.07%.

The United States accounts for 79.28% of the fund, followed by Switzerland at 4.21%, Japan at 3.79%, the Netherlands at 3.53% and the United Kingdom at 3.52%.

Fees and distributions

The management fee is 0.40% a year. The fund reports a beta of 1.00 and a standard deviation of 9.50. The final distribution of $2.160 per unit had an ex-date of 1 July 2026 and payment on 27 July, equal to an annual yield of 3.37%.

That amount is higher than the $1.230 paid in July 2025 but lower than the $2.640 paid in July 2024.

Category classification and liquidity

Morningstar places the fund in the Equity World Large Blend category, which covers funds investing primarily in large companies listed around the globe, with the portfolio not defined by a single sector or region and the blend style applied where neither growth nor value characteristics predominate.

Liquidity indicators add a further view. There are 145,685,882 units on issue, and average daily trading volume is 137,383 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 86,400 to 121,600 units, with 86,446 recorded on 13 October while the market was still open. The bid-offer range stood at $64.00 to $64.19, and the day range at $64.03 to $64.29. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged Issued Units Outstanding as at 30 September 2026 on 7 October, the Annual Report for the year ended 30 June 2026 on 28 September, and a Replacement Product Disclosure Statement on 20 July.

Closing Perspective

QUAL screens developed-market stocks for quality characteristics, producing sector tilts toward Technology and Healthcare and away from Financial Services and Energy. The 0.40% fee and 24.70% turnover are higher than for plain index funds. These features describe the construction of the fund and carry no forecast.