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UCTMOTU VanEck Morningstar US Wide Moat UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
MOTU

Moat ETF
VanEck Morningstar US Wide Moat UCITS ETF

Marketing Communication
MOTU

Moat ETF
VanEck Morningstar US Wide Moat UCITS ETF

ISIN: IE0007I99HX7 copy-icon
WKN: A3ELCY copy-icon
research-link-icon Why invest in a Moat ETF?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Fund Description

The VanEck Morningstar US Wide Moat UCITS ETF invests in attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

  • NAV
    $22.24

    as of 19 Dec 2024
  • Performance since inception
    11.70%

    as of 19 Dec 2024
  • Total Net Assets
    $52.3 million

    as of 19 Dec 2024
  • Total Expense Ratio
    0.46%
  • Inception Date
    12 Jan 2024
  • SFDR Classification
    Article 6
research-link-icon Why invest in a Moat ETF?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Overview

Fund Description

The VanEck Morningstar US Wide Moat UCITS ETF invests in attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

  • A focus on U.S. companies Morningstar believes possess sustainable competitive advantages, or “moats”
  • “Moats” are expected to last for 20 years or longer (switching costs, intangible assets, network effect, cost advantage, efficient scale)
  • Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value
  • Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally


Main Risk Factors: Equity market risk, limited diversification risk. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

Morningstar®Wide Moat Focus Index™ (MWMFN)

Fund Highlights

  • A focus on U.S. companies Morningstar believes possess sustainable competitive advantages, or “moats”
  • “Moats” are expected to last for 20 years or longer (switching costs, intangible assets, network effect, cost advantage, efficient scale)
  • Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value
  • Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally


Risk Factors: Equity market risk, limited diversification risk. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

Morningstar®Wide Moat Focus Index™ (MWMFN)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Documents

Publications

Index

Index Description

The Morningstar®Wide Moat Focus Index provides exposure to companies with Morningstar®Economic Moat™ Ratings of wide that are trading at the lowest current market price/fair value ratios. Moat ratings and fair value estimates are determined through independent research conducted by the Morningstar Equity Research team.

Index Key Points

Underlying Index
Morningstar® Wide Moat Focus IndexTM 

Index composition

Companies eligible for inclusion in the Index

  • Derived from Morningstar® US Market IndexSM (Parent Index)
  • Assigned an Economic Moat rating of wide by Morningstar’s equity research team
  • Assigned a fair value estimate by Morningstar's equity research team

Methodology highlights

  • Staggered reconstitution:
    Index is divided into two equally-weighted sub-portfolios, and each is reconstituted and rebalanced semi-annually
  • Each sub-portfolio contains 40 equally-weighted securities at its semiannual reconstitution and weights varies with market prices until the next reconstitution date.
    Each sub-portfolio is reweighted to 50% of the total index every six months.
  • Buffer rule:
    At each review, current Index constituents ranked within the top 150% of the eligible universe based on current market price/fair value ratio are given preference for inclusion
  • Sector cap: The greater of 40% or corresponding weight in Parent Index + 10%

Index Provider
Morningstar Inc.

Download Index Methodology

Awards

Main Risks

Main Risk Factors of a Moat ETF

  • Limited Diversification Concentration Risk
  • Equity Market Risk
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The Fund may invest a relatively high percentage of its assets in a smaller number of issuers or may invest a larger proportion of its assets in a single issuer. As a result, the gains and losses on a single investment may have a greater impact on the Fund's Net Asset Value and may make the Fund more volatile than more diversified funds.

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The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money.

For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com.