GOAT
•
Equity
VANECK MORNINGSTAR GLOBAL WIDE MOAT UCITS ETF
TER (bps):
52
AUM (USD m):
62
ISIN:
IE00BL0BMZ89
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
18 Apr 2024
Climate Fund:
No
Benchmark
Morningstar Global Wide Moat Focus IndexTM tracks the overall performance of attractively priced global companies with sustainable competitive advantages. The index is composed of the most undervalued (trading at the lowest current market price/fair value ratios), highest-quality companies in our coverage universe. The companies in this index must have an economic moat rating of wide (meaning we think they have advantages that will fend off competitors), and their shares must be trading below their fair value estimates, which are determined through independent research conducted by the Morningstar Equity Research team.
PERFORMANCE
