New Van Eck ETF on Xetra: Investment in companies with attractive fair value and competitive advantages
New Van Eck ETF on Xetra: Investment in companies with attractive fair value and competitive advantages
Since Thursday, a new exchange traded fund from VanEck Vectors has been tradable on Xetra and Börse Frankfurt.
With VanEck Vectors Morningstar Global Wide Moat UCITS ETF investors can invest in a selection of companies worldwide. From the universe of the Morningstar Global Markets Index, a maximum of 100 companies are filtered out, which, according to the index provider, have an attractive ratio of fair value to current price and have sustainable competitive advantages. Competitive advantages in this context can be intangible assets, cost advantages, switching costs, network effects or efficient scaling.
Any dividends accruing are reinvested. The annual costs amount to 0.52 percent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
VanEck Vectors Morningstar Global Wide Moat UCITS ETF | Equity ETF | IE00BL0BMZ89 | 0.52 per cent | Accumulating | Morningstar Global Wide Moat Focus Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,557 ETFs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.