Overview
Description
The VanEck Morningstar Wide Moat Fund is an exchange-traded fund (ETF) designed to track the performance of companies that possess sustainable competitive advantages, commonly referred to as an economic moat. This ETF focuses on investing in businesses identified by Morningstar's equity research team, which are believed to have strong and durable competitive edges over their peers. These companies typically feature attributes such as high barriers to entry, strong pricing power, or recognizable brand loyalty.
The primary purpose of the VanEck Morningstar Wide Moat Fund is to provide investors with exposure to firms that can maintain consistent profitability and resilience against competition over the long term. It covers various industries, offering diversification across sectors while focusing on quality stocks with a significant economic moat.
Market significance of this ETF stems from its strategic approach to invest in companies that can sustain above-average returns on invested capital. Investors seeking long-term growth often find this ETF appealing due to its methodology of selecting high-quality companies with intrinsic strengths, aligning it closely with defensive investing strategies. Overall, the VanEck Morningstar Wide Moat Fund serves as a crucial tool for capturing potential solid performance of well-positioned businesses within the global marketplace.
About
Address
—
Phone
888-658-8287
Website
—
Instrument type
ETF
Country
Mexico
MIC code
XMEX