In an investment environment marked by global uncertainty and structural shifts, some investors are turning to strategies that prioritise competitive advantage. Companies with durable economic moats such as strong brands, intellectual property or cost efficiency have demonstrated resilience across different market cycles and regions.
This strategy seeks to identify businesses with long-term defensibility and reasonable valuations. It is designed to offer diversified exposure to global equities with a focus on quality characteristics and fundamentals rather than short-term momentum or sector concentration.

Source: VanEck.
However, the ever-changing nature of global geopolitics means that unforeseen events or shifts in international relations makes it subject to volatility risk. The decision to invest in the ETF should take into account all the characteristics or objectives of the ETF as described in the KID, the prospectus, or related documents before making an investment decision.