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VanEck Launches Open-End Mutual Fund Version Of Its Wide Moat-Focused Strategy

TedTed
in The Bullpen
FYI: VanEck today announced the launch of the VanEck Morningstar Wide Moat Fund (Class I shares: MWMIX; Class Z shares: MWMZX), an open-end mutual fund version of Morningstar’s “wide moat”-focused strategy that VanEck originally launched in 2012 through the VanEck Vectors Morningstar Wide Moat ETF (NYSE Arca: MOAT®). The popularity and success of the “wide moat” strategy prompted VanEck to expand the strategy’s application, particularly to key institutional clients.
Regards,
Ted
http://www.businesswire.com/news/home/20171107006196/en

M* Snapshot MOAT:
http://www.morningstar.com/etfs/ARCX/MOAT/quote.html
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