Overview
Description
The VanEck Morningstar Wide Moat Fund is an exchange-traded fund (ETF) that aims to track the performance of the Morningstar Wide Moat Focus Index. Its primary function is to provide investors exposure to U.S. companies with sustainable competitive advantages, or "economic moats," which are identified based on Morningstar’s equity research. The ETF targets sectors such as technology, consumer goods, healthcare, and financials, focusing on firms with strong barriers to competition and the potential for long-term profits. The fund regularly rebalances holdings to maintain alignment with the index criteria, emphasizing value and quality in its selection process. Its role in the financial market includes offering a strategic component for portfolios seeking to capitalize on high-quality growth companies while managing risk through a diversified set of equity holdings across a multitude of sectors. With its focus on wide-moat stocks, this fund provides a unique approach to capturing sustainable business advantages in the U.S. equity landscape.
About
Address
—
Phone
888-658-8287
Website
—
Instrument type
ETF
Country
Germany
MIC code
XBER