Invest in the world's best Morningstar®equity research aims to identify attractively priced companies that have wide ‘economic moats™’, being structural and sustainable competitive advantages that in Morningstar’s view will deliver excess returns more likely than not for 20 years or more.
To date, Australian investors have only been able to leverage off Morningstar’s findings by investing in a portfolio of US wide moat companies through the VanEck Vectors Morningstar Wide Moat ETF under ASX trading code ‘MOAT’.
That is changing.
We are excited to soon be able to offer investors, for the first time, an international equity portfolio of wide moat companies, in a single trade on ASX, via the VanEck Vectors Morningstar®World ex Australia Wide Moat ETF which will trade under the ASX code ‘GOAT’.
GOAT is a high conviction international equity portfolio of at least 50 attractively priced wide moat companies as determined by Morningstar.
The GOAT opportunity High conviction wide moat international equity strategy A focus on quality international companies Morningstar believes possess sustainable competitive advantages, or "wide economic moats™".
Attractive valuations Targets companies trading at attractive prices relative to Morningstar's estimate of fair value.
Morningstar's core equity research Fuelled by Morningstar's rigorous equity research process.
Important Notice: This information is prepared in good faith by VanEck Investments Limited ABN 22 146 596 116 AFSL 416755 (‘VanEck’) as the responsible entity and issuer of VanEck Vectors Morningstar® Wide Moat ETF (MOAT) and VanEck Vectors Morningstar® World ex Australia Wide Moat ETF (GOAT). Units in GOAT are not currently available. GOAT has been registered by ASIC and VanEck has lodged an application with ASX for units in the fund to be admitted to trading status on ASX. The PDS has been lodged with ASIC. A copy is currently available from our offices and will be available after the end of the exposure period at www.vaneck.com.au or by calling 1300 68 38 37.
This information is general in nature and not financial advice. It does not take into account any person’s individual objectives, financial situation or needs. Before making an investment decision investors should read the product disclosure statement and with the assistance of a financial adviser consider if it is appropriate for their circumstances.
MOAT and GOAT invest in international markets which have specific and heightened risks that are in addition to the typical risks associated with investing in the Australian equities market. These include ASX trading time differences, foreign currency, country or sector concentration, and political, regulatory and tax risks. The PDS details the key risks.
No member of the VanEck group guarantees the repayment of capital, the payment of income, performance, or any particular rate of return from MOAT or GOAT.