Fund Description: The VanEck Vectors Morningstar Global Wide Moat UCITS ETF (GOAT) is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity securities with the aim of providing investment returns that closely track the performance of the Morningstar® Global Wide Moat Focus IndexSM (MSGWMFNU).
Index Description: The Morningstar® Global Wide Moat Focus IndexSM tracks the overall performance of attractively priced global companies with sustainable competitive advantages according to Morningstar’s equity research team. The rules-based index is reviewed quarterly. Please consult http://indexes.morningstar.com for detailed index information.
Management Style: Replication