ETFs

NAV

(As at COB 18-Aug-17)

TICKER	iNAV	NAV	CHANGE
CETF	--	$55.97	$0.30
FDIV	YFDI	$23.46	-$0.10
FLOT	--	$25.11	$0.00
GDX	--	$28.98	-$0.17
MOAT	--	$48.45	-$0.17
MVA	YMVA	$19.97	$0.02
MVB	YMVB	$27.64	-$0.33
MVE	YMVE	$25.45	$0.00
MVR	YMVR	$21.00	-$0.16
MVS	YMVS	$18.03	-$0.07
MVW	YMVW	$26.14	-$0.09
PLUS	--	$17.42	$0.02

NAV

(As at COB 17-Aug-17)

TICKER	iNAV	NAV	CHANGE
IFRA	--	$19.51	-$0.08
QUAL	--	$19.64	-$0.30

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09 August 2017

Cost Leadership Creates Moats

Cost advantage is the second most frequent source of moat ratings according to Morningstar, but one of the hardest competitive advantages to maintain...