VanEck Morningstar Wide Moat ETF (MOAT)
|Beyond the Benchmark|
|Moats, Goats and Dividends|
|Why Moats Matter|
About this Fund
|FUND MANAGER||VanEck Investments|
|ASSET CLASS||EXCHANGE TRADED FUNDS|
|INVESTMENT STYLE||MOAT gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages.|
|INVESTMENT PROFILE||MOAT aims to provide investment returns before fees and other costs which track the performance of the Benchmark.|
|BENCHMARK||Morningstar Wide Moat Focus NR AUD Index|
|FUND SIZE||Morningstar Wide Moat Focus NR AUD Index|
|NO. OF HOLDINGS||40-80|
Benefits of investing in VanEck ETFs
Each Fund provides investors with:
Compared to unlisted actively managed funds, investors benefit from:
About the Fund
MOAT gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages according to Morningstar's equity research team. MOAT aims to provide investment returns before fees and other costs which track the performance of the Index.
The Morningstar Wide Moat Focus NR AUD Index is a rules-based, equal-weighted index intended to offer exposure to attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.
How we invest your money
The Fund employs a high conviction US strategy that gives investors exposure to securities that comprise the Morningstar Wide Moat Focus Index (Wide Moat Index). The Wide Moat Index comprises between 40 to 80 wide moat companies in the US that Morningstar considers are the most attractively priced based on Morningstar's proprietary methodology that considers quantitative and qualitative factors.
The Wide Moat Index is derived from the Morningstar US Market Index, a broad market index representing 97% of US Market Capitalisation.
Wide moat companies are those in which Morningstar has very high confidence excess returns will remain for 10 years, with excess returns more likely than not to remain for at least 20 years.