MOAT

📎 Investment Objective

The VanEck Morningstar Wide Moat ETF (MOAT) seeks to track the investment results of the Morningstar® Wide Moat Focus IndexSM, which is designed to measure the performance of attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

✨ Key Features

• Focuses on companies with sustainable competitive advantages, or 'wide moats'
• Quarterly reconstitution and rebalancing of the index
• Seeks to provide exposure to attractively valued, high-quality companies
• Passively managed to track the Morningstar Wide Moat Focus Index

⚠️ Primary Risks

• Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities in which it invests
• Concentration risk: The fund may be more susceptible to adverse developments affecting companies in its target industry or sector
• Indexing risk: The fund's performance may not match the performance of the index it seeks to track
• Liquidity risk: Certain securities may be difficult to sell at the time and price the fund desires

👤 Best For

The VanEck Morningstar Wide Moat ETF may be suitable for long-term investors seeking exposure to a portfolio of high-quality, attractively valued companies with sustainable competitive advantages. As with any equity investment, investors should have a higher risk tolerance and a longer investment horizon.