GOAT - VanEck Morningstar International Wide Moat ETF
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VanEck Morningstar International Wide Moat ETF GOAT

Fund description: GOAT gives investors exposure to a diversified portfolio of attractively priced international 'wide moat' companies with sustainable competitive advantages for 20 years or more. GOAT aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The Morningstar® Developed Markets ex-Australia Wide Moat Focus Index™ is a rules-based index intended to track the overall performance of attractively priced developed markets ex-Australia companies with sustainable competitive advantages according to Morningstar's equity research team.      

Management style: Replication

Country of domicile: Australia

 as at 06-Dec-21

  • Exchange

    ASX

  • ASX code

    GOAT

  • Bloomberg index code

    MSDIWFNA

  • Index provider

    Morningstar

  • NAV1

    $25.51

  • Units outstanding1

    1,000,221

  • Net assets1

    $25.5M

  • Number of holdings1

    72

  • Inception date2

    08-Sep-20

  • ASX commencement

    10-Sep-20
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 06-Dec-21

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.
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Key benefits

High conviction wide moat international equity strategy
A focus on international companies Morningstar believes possess sustainable competitive advantages, or with '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

Trading information

  • ASX code

    GOAT

  • IRESS code

    GOAT.AXW

  • Units outstanding

    1,000,221

  • ISIN

    AU0000102675

Fees and other costs  

  • Management costs p.a.

    0.55%

Key risks

An investment in the ETF carries risks associated with: ASX trading time differences, financial markets generally, individual company management, industry sectors, foreign currency, country or sector concentration, political, regulatory and tax risks, fund operations and tracking an index. See the PDS for details.

Prices as at  06-Dec-21

NAV/
Last trade		 Volume:
30-day avg/
Previous day		 Daily change: NAV/
Last trade		 YTD change:
NAV/
Last trade		 Premium/
Discount		 Premium/
Discount
Distribution charts		 NAV &
Premium /Discount
History		 NAV
Chart
GOAT $25.51
$25.41		 4,017
3,037		 $0.25 / +0.98%
$0.14 / +0.55%		 +24.55%
+23.34%
 $-0.10
-0.40%

Performance history (%) View all ETFs » View all indices »

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 1.82 -2.04 7.81 18.58 -- -- -- 21.24
Income return 0.00 0.00 1.00 1.09 -- -- -- 0.89
Total return 1.82 -2.04 8.81 19.67 -- -- -- 22.13
Index (MSDIWFNA) 1.85 -1.95 9.05 20.12 16.71 17.16 18.86 22.61
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return -3.71 3.30 11.28 22.08 -- -- -- 22.96
Income return 0.00 0.00 1.03 1.12 -- -- -- 1.05
Total return -3.71 3.30 12.31 23.20 -- -- -- 24.01
Index (MSDIWFNA) -3.68 3.40 12.52 23.67 13.45 17.49 18.89 24.50
The tables above show past performance of the ETF from 8 September 2020. Index performance shown prior to its Launch Date is simulated based on the current Index methodology.  Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.
The MSCI World ex Australia Index (“MSCI World ex Aus”) is shown for comparison purposes as it is the widely recognised benchmark used to measure the performance of developed market large- and mid-cap companies, weighted by market capitalisation.  GOAT’s index measures the performance of 50 to 100 developed market companies with a Morningstar Economic Moat Rating™ of “Wide” at rebalance. GOAT’s index has fewer companies and different country and industry allocations than MSCI World ex Aus. Click here for more details.

Top ten holdings (%) View all daily holdings » as at 30-Nov-21

No. of holdings: 72
Security name
Ticker
 No. of securities held Market value % of Fund net
assets
THERMO FISHER SCIENTIFIC INC
TMO US
 687 613,150 2.45
MICROSOFT CORP
MSFT US
 1,297 604,718 2.41
GEA GROUP AG
G1A GR
 8,336 591,921 2.36
WELLS FARGO & CO
WFC US
 8,502 572,915 2.29
SERVICENOW INC
NOW US
 617 563,615 2.25
ADOBE INC
ADBE US
 590 557,382 2.23
ALPHABET INC
GOOGL US
 138 552,341 2.21
BLACKBAUD INC
BLKB US
 5,025 534,781 2.14
MCDONALD'S CORP
MCD US
 1,537 530,217 2.12
CORTEVA INC
CTVA US
 8,347 529,744 2.12
Top ten total (%) 22.58
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 30-Nov-21

  • Country

    Weightings (%)

  • United States

    69.2

  • United Kingdom

    8.4

  • Switzerland

    5.0

  • Germany

    3.2

  • Canada

    3.0

  • Japan

    2.4

  • France

    1.7

  • Netherlands

    1.7

  • Ireland

    1.7

  • Denmark

    1.3

  • Sweden

    0.9

  • Argentina

    0.8

  • Belgium

    0.7

  • Other/Cash

    0.0

  • Total

    100.0

Sector weightings (%) as at 30-Nov-21

  • Sector

    Weightings (%)

  • Industrials

    22.6

  • Information Technology

    17.5

  • Health Care

    15.8

  • Financials

    13.4

  • Consumer Staples

    13.1

  • Consumer Discretionary

    6.8

  • Communication Services

    5.8

  • Materials

    3.7

  • Energy

    1.2

  • Other/Cash

    0.0

  • Total

    99.9