MOTG
VanEck Morningstar Global Wide Moat ETF
MOTG
VanEck Morningstar Global Wide Moat ETF
-
NAV
$33.85
as of June 06, 2023 -
YTD RETURNS
5.44%
as of June 06, 2023 -
Total Net Assets
$20.31M
as of June 06, 2023 -
Gross Expense Ratio
0.96% -
Net Expense Ratio
0.52% -
Inception Date
10/30/2018
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.52% of the Fund's average daily net assets per year until at least February 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck Morningstar Global Wide Moat ETF (MOTG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global Wide Moat Focus IndexSM (MSGWMFNU), which is intended to track the overall performance of attractively priced global companies with sustainable competitive advantages according to Morningstar's equity research team.
Overview
Fund Highlights
- Wide Moat Companies
A focus on global companies Morningstar believes possess sustainable competitive advantages, or “moats”
- Focus on Valuations
Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value
- Morningstar’s Equity Research
Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally