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The discovery of 2.4 million metric tons of lithium carbonate equivalent led to a standout month for Morningstar Wide Moat Focus Index constituent Compass Minerals in July.
Biogen led the Morningstar Wide Moat Focus Index's performance, followed by tech names. Following June's Index review, growth, value and core style exposure now represent nearly equal weightings.
With the next quarterly review coming up for the Morningstar Wide Moat Focus Index, here's a look at the leaders and laggards from the last review.
Valuation is a major part of an investor's decision to buy or sell an investment. Why not let a fund do this work for you?
The Morningstar Wide Moat Focus Index has faced modest headwinds from factor risk exposure since its inception, but favorable stock selection remains the dominant driver of relative outperformance versus the broad U.S. equity market.