Bringing you live news and features since 2006 

VanEck Global’s Wide Moat UCITS ETF listed on the Deutsche Borse

RELATED TOPICS​

Van Eck Global Investments Ltd. has cross-listed the Market Vectors Morningstar US Wide Moat UCITS ETF on Deutsche Börse’s XETRA platform. As profiled in ETF Express on its launch on the LSE in the UK, the Wide Moat ETF is the first ETF in Europe to provide exposure to so-called ‘wide moat’ companies according to Morningstar’s equity research. 

These are companies that the firm believes have a structural competitive advantage and the potential for long-term above-average returns on capital. The ETF will trade in Euro. The Market Vectors Morningstar US Wide Moat UCITS ETF tracks the equally weighted Morningstar Wide Moat Focus Index developed by Morningstar Inc., a provider of independent investment research.

The index concept is based on Morningstar’s proprietary economic moat rating and valuation research which identifies high-quality companies with sustainable competitive advantages that allow a company to generate positive economic returns for an extended period of time. “The launch and cross-listing of this UCITS ETF reinforces Van Eck’s commitment to offer innovative products to investors,” says Lars Hamich, CEO of Van Eck Global (Europe).

As of 31 October 2015, the top three sector weightings were Consumer Discretionary (25.22 per cent), Industrials (24.14 per cent) and Information Technology (20.98 per cent). The top five ranks of the ETF basket are held by Autodesk Inc. (5.66 per cent), Twenty-First Century Fox Inc. (5.49 per cent), Walt Disney Co. (5.29 per cent), Procter & Gamble Co. (5.28 per cent) and Discovery Communications Inc. (5.20 per cent).

ETF Express’s earlier interview with Van Eck and Morningstar can be read here: Interview with Van Eck and Morningstar.

Latest News

Some big forces moved further into ETF issuance this week, with Capital Group launching 12 new active/passive model portfolios, and..
ASYMmetric ETFs has announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha..
First Trust Advisors has announced the launch of a new actively managed ETF, the First Trust Multi-Strategy Alternative ETF (NYSE..
Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America has announced the launch..

Related Articles

ETF
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Mackenzie
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by