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GOAT
VanEck Morningstar Global Wide Moat UCITS ETF

Fund Description

The VanEck Morningstar Global Wide Moat UCITS ETF invests in global equities with powerful competitive advantages and attractive valuations. This concept has delivered successful long-term investment returns.

  • Based on Warren Buffett´s “economic moats” concept
  • Strategy with proven record of outperformance1
  • Transparent indexing model from Morningstar, a renowned research partner
  • Companies with long-term competitive advantages (switching costs, intangible assets, network effect, cost advantage, efficient scale)
  • Targets companies trading at relatively attractive prices
  • Could be the core of a global equity portfolio


1Past performance is not a reliable indicator for future performance. Risk Factors: Equity Market Risk, Limited Diversification Risk, Foreign Currency Risk



Underlying Index

Morningstar Global Wide Moat Focus Index

Fund Details
 

  • Fund Ticker

    GOAT

  • Management Company

    VanEck Asset Management B.V.

  • Custodian

    State Street Custodial Services (Ireland) Limited

  • Domicile

    Ireland

  • UCITS Compliant

    Yes

  • Index Ticker

    MSGWMFNU

  • Index Provider

    Morningstar

  • Rebalance Frequency

    Semi-Annually, Staggered quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 26 Jan 2023

  • NAV1

    25.21

  • Shares Outstanding

    3,250,000

  • Number of Holdings

    69

  • Base Currency

    USD

  • Net Assets

    $81.9M

  • Product Structure

    Physical (Full Replication)

  • Income Treatment

    Reinvestment

  • Distribution Frequency

    None

  • Total Expense Ratio

    0.52%

  • SFDR Classification

    Article 6
  • Fact Sheet
  • Fund Holiday Calendar

Trading Information as of 26 Jan 2023

Deutsche
Börse
EUR
Exchange Ticker VVGM
ISIN IE00BL0BMZ89
SEDOL BMZ6BR0
Bloomberg VVGM GY
Reuters (RIC) VVGM.DE
Valor 55781390
Bloomberg iNAV VVGMIV
Reuters iNAV GOATEURINAV=IHSM
WKN A2P6EP
Trading Currency EUR
Last Traded Price 23.19
Day's Move 0.25
Volume 2,017
30 Day Volume 3,652
VWAP Volume 2,017

NAVs as of 26 Jan 2023

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
GOAT USD $25.21 $0.12 / +0.49% +6.44%
0.52

Performance History* (%)

View All ETFs View All Indices
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -2.56 13.65 -11.40 -11.40 -- -- -- 7.04
MSGWMFNU (Index) -2.50 13.75 -11.05 -11.05 5.94 7.80 10.46 7.46
Performance differential (ETF – Index) -0.06 -0.10 -0.35 -0.35 -- -- -- -0.42
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -2.56 13.65 -11.40 -11.40 -- -- -- 7.04
MSGWMFNU (Index) -2.50 13.75 -11.05 -11.05 5.94 7.80 10.46 7.46
Performance differential (ETF – Index) -0.06 -0.10 -0.35 -0.35 -- -- -- -0.42
  2018 2019 2020 2021 2022
ETF -- -- -- 14.47 -11.40
MSGWMFNU (Index) -4.64 28.35 16.31 14.94 -11.05

Past performance does not predict future returns.

ETF returns not available if there is less than one year’s performance data.

*Periods greater than one year are annualised.

Investing is subject to risk, including the possible loss of principal. You must read the Prospectus and KID before investing, which are available at the Document section of the fund on www.vaneck.com.

ETF performance: Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12-month performance for each of the last 10 years where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

Performance data for the Irish domiciled ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply.

Returns may increase or decrease as a result of currency fluctuations.

Index performance: Performance quoted represents past performance of the underlying Index. An index performance is not illustrative of the Product's performance. It is not possible to invest directly in an index: indices are not securities in which investments can be made.
For more information on the Index performance, please consult the Index Provider´s website.

The Morningstar® Global Wide Moat Focus IndexSM was created and is maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote the VanEck Morningstar Global Wide Moat UCITS ETF and bears no liability with respect to that ETF or any security. Morningstar is a registered trademark of Morningstar, Inc. Morningstar Global Wide Moat Focus Index is a service mark of Morningstar, Inc.

Market Makers

Top 10 Holdings (%) as of 31 Dec 2022 View All Holdings »

Total Holdings: 68
Swipe<br>to view <br> full data
Holding Name
Ticker
 Shares Market Value
(USD) 		% of Net
Assets
AIRBUS SE AIR FP 14,657 1,736,650 2.29
BLACKBAUD INC BLKB US 29,235 1,720,772 2.27
SAFRAN SA SAF FP 13,521 1,687,188 2.23
EMERSON ELECTRIC CO EMR US 17,179 1,650,215 2.18
ANHEUSER-BUSCH INBEV SA/NV ABI BB 27,432 1,647,405 2.17
ROPER TECHNOLOGIES INC ROP US 3,655 1,579,289 2.08
ZIMMER BIOMET HOLDINGS INC ZBH US 12,360 1,575,900 2.08
BLACKROCK INC BLK US 2,221 1,573,867 2.08
SANOFI SAN FP 16,320 1,564,789 2.06
IMPERIAL BRANDS PLC IMB LN 62,700 1,561,987 2.06
Top 10 Total (%) 21.50
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 Dec 2022

  • Country

    % of Net Assets
  • ■

    United States

    51.46
  • ■

    United Kingdom

    9.90
  • ■

    France

    6.58
  • ■

    China

    6.11
  • ■

    Switzerland

    5.93
  • ■

    Japan

    4.06
  • ■

    Other/Cash

    15.95

Currency Exposure (%)
as of 31 Dec 2022

  • U.S. Dollar

    56.29

  • Euro

    13.59

  • British Pound

    8.85

  • Swiss Franc

    5.93

  • Japanese Yen

    4.06

  • Hong Kong Dollar

    3.17

  • Australian Dollar

    3.00

  • Canadian Dollar

    1.98

  • Taiwan Dollar

    1.87

  • Chinese Renminbi

    0.88

  • Other/Cash

    0.37

Sector Weightings (%) as of 31 Dec 2022

  • Sector

    % of Net Assets
  • ■

    Consumer Staples

    20.7
  • ■

    Information Technology

    18.6
  • ■

    Industrials

    17.8
  • ■

    Financials

    16.9
  • ■

    Health Care

    13.1
  • ■

    Consumer Discretionary

    6.5
  • ■

    Communication Services

    3.0
  • ■

    Materials

    1.9
  • ■

    Utilities

    1.1
  • ■

    Other/Cash

    0.4

Technology

Sustainable

Crypto

Metal

Real Estate

Dividend

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You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key information document ("KID") before subscribing to any fund. The prospectus, the key information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIDs, are only available in English and certain other languages as applicable.

Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KID contain this and other information. Please read the sales prospectus and KID carefully before investing.

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