Access an exceptional methodology
A core equity
holding
Extending the methodology overseas
Complete global equity exposure
Moat Investing Suite from VanEck
Access an exceptional methodology
While investing in top companies at attractive prices is not a new concept, VanEck’s Moat Investing Suite gives investors access to an exceptional methodology. Our forward-looking strategies seek to track Morningstar’s original ideas, uncovered through their proprietary equity research process — companies that possess long-term competitive advantages and are trading at attractive prices.
- Morningstar’s Economic Moat rating, which they instituted in 2002, is the foundation of its equity research process; they created the first index to track the success of that research in 2007.
- VanEck launched the first ETF tracking Morningstar’s proprietary moat methodology in 2012. Today three moat ETFs based on Morningstar research are available exclusively though VanEck.
- Unlike smart beta and factor strategies, which use
backward-looking, historical data, Morningstar’s research
is based on two long-term, forward-looking pillars:
- Economic moat ratings assess if a company can sustain a competitive advantage at least 10 or 20 years into the future
- Fair value estimates project future cash flows to arrive at a current intrinsic share value
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VanEck Vectors Morningstar Wide Moat ETF
(MOAT®) and
VanEck Morningstar Wide Moat Fund
(MWMZX;
MWMIX)
A core equity holding
Invests in U.S. companies with significant structural competitive advantages — wide economic moats — that are trading at attractive prices relative to fair value.
For more details and performance information, visit:
VanEck Vectors Morningstar International Moat ETF (MOTI®)
Extending the methodology overseas
International companies, particularly in certain sectors or on the local level, may encounter unique market, regulatory, or economic dynamics that can confer a competitive edge. MOTI invests in companies outside the U.S. with economic moats, providing exposure to over 15 countries, including emerging markets.
For more details and performance information, visit MOTI
VanEck Vectors Morningstar Global Wide Moat ETF (GOAT)
Complete global equity exposure
Our newest moat focused ETF invests in both U.S. and international companies with wide economic moats, providing full global coverage to companies with sustainable competitive advantages at attractive prices.
For more details and performance information, visit GOAT
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IMPORTANT DISCLOSURES
The Morningstar® Wide Moat Focus IndexSM, Morningstar® Global ex-US Moat Focus IndexSM, and Morningstar® Global Wide Moat Focus IndexSM were created and are maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote the VanEck Vectors Morningstar Wide Moat ETF, VanEck Vectors Morningstar International Moat ETF, or VanEck Vectors Morningstar Global Wide Moat ETF and bears no liability with respect to the ETFs or any security. Morningstar® is a registered trademark of Morningstar, Inc. Morningstar Wide Moat Focus Index, Morningstar Global ex-US Moat Focus Index, and Morningstar® Global Wide Moat Focus IndexSM are service marks of Morningstar, Inc. Effective June 20, 2016, Morningstar implemented several changes to the Morningstar Wide Moat Focus Index construction rules. Among other changes, the index increased its constituent count from 20 stocks to at least 40 stocks and modified its rebalance and reconstitution methodology. These changes may result in more diversified exposure, lower turnover, and longer holding periods for index constituents than under the rules in effect prior to this date. Past performance is no guarantee of future results.
The information herein represents the opinion of the author(s), but not necessarily those of VanEck, and these opinions may change at any time and from time to time. Non-VanEck proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.
Any indices listed are unmanaged indices and include the reinvestment of all dividends, but do not reflect the payment of transaction costs, advisory fees or expenses that are associated with an investment in a fund. Certain indices may take into account withholding taxes. An index's performance is not illustrative of a fund's performance. Indices are not securities in which investments can be made.
An investment in the VanEck Vectors Morningstar Wide Moat ETF (MOAT®), VanEck Vectors Morningstar International Moat ETF (MOTI®), VanEck Vectors Morningstar Global Wide Moat ETF (GOAT) and VanEck Morningstar Wide Moat Fund, (the “Funds”) may be subject to risks which include, among others, investing in the health care, consumer discretionary, consumer staples, industrials, telecommunications, information technology, financial services, medium-capitalization companies, equity securities, market, operational, high portfolio turnover, index tracking and data, emerging market issuers, special risk considerations of investing in European and Asian issuers, depositary receipts, cash transactions, underlying fund, new fund, market, operational, high portfolio turnover, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, replication management, passive management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified, and concentration risks, which may make these investments volatile in price or difficult to trade. Medium-capitalization companies may be subject to elevated risks. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and changes in currency exchange rates which may negatively impact the Fund's returns.
MOAT, MOTI and GOAT Fund shares are not individually redeemable and will be issued and redeemed at their net asset value (NAV) only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results.
Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Funds carefully before investing. To obtain a prospectus and summary prospectus for VanEck Funds and VanEck Vectors ETFs, which contains this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing for VanEck Funds and VanEck Vectors ETFs.
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New York, NY 10017
800.826.2333