The VanEck Vectors Morningstar US Wide Moat UCITS ETF invests in US equities with long-term competitive advantages and an attractive valuation.
- Strategy based on a proven and transparent indexing model from Morningstar, the renowned research partner
- Companies with long-term competitive advantages for 20 years or longer (switching costs, intangible assets, network effect, cost advantage, efficient scale)
- Based on Warren Buffett´s “Economic Moats” concept
- Targets companies trading at attractive prices relative to Morningstar’s estimate of fair value
Morningstar Wide Moat Focus Index (MWMFTR)