VanEck Vectors Morningstar Global Wide Moat UCITS ETF

Issuer: Van Eck

Asset Class: Equity

TER: 52bps

Trading Currency: USD

Pays Income: False

Listing Date: 09 Jul 2020

Ticker: GOAT

ISIN: IE00BL0BMZ89

This fund provides exposure to a portfolio of global companies that possess sustainable competitive advantages, often referred to as 'economic moats.' The investment philosophy is rooted in the idea that companies with wide moats are better positioned to fend off competition and generate long-term value for shareholders. The selection process, guided by a reputable research firm's equity research team, identifies businesses with durable structural advantages, such as intangible assets, cost advantages, switching costs, network effects, or efficient scale. This focus on high-quality companies aims to deliver consistent performance over various market cycles.

The underlying index is composed of companies that are not only high-quality but also trading at attractive prices relative to their intrinsic value. The methodology employs a forward-looking, fundamental approach to assess a company's fair value. Only companies whose stock prices are deemed to be at a discount to this calculated fair value are included in the portfolio. This dual focus on quality and value results in a concentrated yet globally diversified portfolio of attractively priced, wide-moat businesses.

This strategy is designed for investors seeking long-term capital appreciation by investing in a curated selection of global leaders. By combining the principles of quality and value investing, the fund offers a potential buffer during market downturns while participating in upside growth. It serves as a core holding for those who believe that investing in well-managed companies with strong competitive positions and fair valuations is a prudent path to building wealth over time. The portfolio offers exposure across various sectors and geographic regions, providing broad diversification within a focused, high-conviction strategy.