MOAT Profile
The VanEck Morningstar Wide Moat ETF (MOAT) functions as an exchange-traded fund designed to replicate the performance of the Morningstar Wide Moat Focus Index. Launched on April 25, 2012, MOAT aims to provide investors with exposure to a diversified portfolio of 40 US companies identified by Morningstar as possessing substantial and sustainable competitive advantages, or economic moats. This strategic focus on moat-driven companies underscores the ETF's objective of investing in businesses that Morningstar believes exhibit robust fundamentals and strong growth potential.
MOAT's index methodology employs a staggered, equal-weighted approach, ensuring that each of the 40 constituent companies contributes proportionately to the fund's overall performance. This approach enhances diversification within the portfolio while maintaining a focus on companies deemed by Morningstar to be undervalued relative to their intrinsic worth. By tracking the index's performance, MOAT seeks to outperform broader market benchmarks by capitalizing on the competitive strengths and market leadership of its constituent firms.
The ETF's portfolio includes a range of sectors such as technology, healthcare, consumer goods, and financial services, selected based on rigorous qualitative and quantitative analysis conducted by Morningstar's equity research team. MOAT's investment strategy emphasizes identifying companies with durable competitive advantages that are poised to generate superior shareholder returns over the long term. This methodology aligns with VanEck's commitment to offering investors access to innovative and strategically curated investment solutions.
Managed by VanEck, a leading provider of ETFs and investment management services, MOAT leverages the firm's expertise in thematic investing and index tracking. As part of VanEck's suite of ETF offerings, MOAT caters to investors seeking exposure to high-quality US companies recognized for their competitive resilience and long-term growth prospects. By investing in MOAT, investors gain access to a portfolio constructed to capture the potential benefits of investing in companies with wide economic moats, reflecting VanEck's commitment to delivering value through focused and disciplined investment strategies.
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