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Global ‘Wide Moat” ETF Filed

FYI: VanEck is hoping to replicate the success it has had with the $1.4 billion VanEck Vectors Morningstar Wide Moat ETF (MOAT) by putting in registration a global-in-scope version of the U.S.-focused strategy.

The VanEck Vectors Morningstar Global Wide Moat ETF, like its sister fund, will track an index from Morningstar that targets companies with a sustainable competitive advantage that are also attractively priced. The key difference between the new fund in registration and the existing MOAT is a worldwide focus
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/global-wide-moat-etf-filed
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