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GOATAU VanEck Morningstar International Wide Moat ETF Please read important disclosure Close important disclosure false

    • GOAT
    VanEck Morningstar International Wide Moat ETF

    GOAT
    VanEck Morningstar International Wide Moat ETF

    • NAV
      $26.85

      as at 25-May-26
    • Total Net Assets
      $59.81M
    • Dividend Frequency
      1 each year
    • Management fee (p.a.)
      0.55%
    • Number of securities
      67
    • Inception Date
      08-Sep-20
    The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.
    GOAT-VanEck-Global-Moat-ETF-tile.webp

    Overview

    Fund Description

    GOAT gives investors exposure to a diversified portfolio of attractively priced international 'wide moat' companies with sustainable competitive advantages for 20 years or more. GOAT aims to provide investment returns before fees and other costs which track the performance of the Index.

    Key benefits

    High conviction wide moat international equity strategy

    A focus on international companies Morningstar believes possess sustainable competitive advantages, or with 'wide' Economic Moats™.

    Attractive valuations

    Targets companies trading at attractive prices relative to Morningstar's estimate of fair value.

    Morningstar's core equity research

    Fuelled by Morningstar's rigorous equity research process.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution, major, core, minor or satellite allocation within a portfolio, has no investment timeframe and has a low risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.

    Index Key points

    Underlying Index

    Morningstar® Developed Markets ex-Australia Wide Moat Focus Select Index™

    The Index Composition

    The Index contains at least 50 and up to 100 international companies with sustainable competitive advantages trading at attractive valuations according to Morningstar.

    Companies eligible for inclusion in the Index

    • Derived from Morningstar® Developed Markets ex-Australia Index™ (Parent Index)
    • Assigned an Economic Moat™ rating of 'wide' by Morningstar's equity research team
    • Assigned a fair value estimate by Morningstar's equity research team

    Methodology highlights

    Staggered reconstitution

    Index is divided into two equally-weighted sub-portfolios, and each is reconstituted and rebalanced semi-annually on alternating quarters.

    Each sub-portfolio is reweighted to 50% of the total index every six months.

    Buffer rule

    At each quarterly review, current index constituents ranked within the top 100 of the eligible universe based on current market price/fair value ratio are given preference for inclusion

    From among the remaining eligible securities, those with the lowest current market price/fair value ratios are included in the index.

    Sector/country cap: The greater of 40% or corresponding weight in Parent Index +10%

    Index provider

    Morningstar Australasia Pty Ltd. Morningstar is not a related body corporate of VanEck.

    The Morningstar® Developed Markets ex-Australia Wide Moat Focus Select Index™ and the Morningstar® Developed Markets ex-Australia Index™ ('The Morningstar Indices') are created and maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote GOAT and bears no liability with respect to GOAT or any security. Morningstar®, the Morningstar Indices and Morningstar Economic Moat™ are trademarks of Morningstar, Inc. and have been licensed for use by VanEck.

    Performance

    Holdings & allocations

    All holdings (%) as at 25-May-26 Download all holdings

    No. of holdings: 67
    Security name
    Ticker
    No. of securities held
    		 Market value % of Fund net
    assets
    Nxp Semiconductors Nv NXPI US 3,973 1,751,774 2.93
    Edenred EDEN FP 40,856 1,496,354 2.50
    Hensoldt Ag HAG GR 9,922 1,432,654 2.40
    Dsm-Firmenich Ag DSFIR NA 12,184 1,415,398 2.37
    Symrise Ag SY1 GR 10,864 1,404,438 2.35
    Murata Manufacturing Co Ltd 6981 JP 20,002 1,390,138 2.32
    Etsy Inc ETSY US 15,822 1,375,098 2.30
    Elekta Ab EKTAB SS 144,628 1,357,029 2.27
    Universal Music Group Nv UMG NA 39,700 1,325,227 2.22
    Novo Nordisk A/S NOVOB DC 20,052 1,258,075 2.10
    Dassault Systemes Se DSY FP 37,100 1,242,649 2.08
    Unicharm Corp 8113 JP 153,386 1,238,012 2.07
    Spirax-Sarco Engineering Plc SPX LN 9,392 1,232,286 2.06
    Constellation Brands Inc STZ US 5,906 1,230,160 2.06
    Kenvue Inc KVUE US 49,993 1,221,007 2.04
    Bureau Veritas Sa BVI FP 27,371 1,200,915 2.01
    Koninklijke Philips Nv PHIA NA 31,052 1,198,729 2.00
    Thales Sa HO FP 3,107 1,169,690 1.96
    Brown-Forman Corp BF/B US 32,038 1,169,482 1.96
    Melrose Industries Plc MRO LN 118,988 1,140,622 1.91
    Zimmer Biomet Holdings Inc ZBH US 9,355 1,114,389 1.86
    Transunion TRU US 11,075 1,090,296 1.82
    Pernod Ricard Sa RI FP 10,185 1,080,752 1.81
    Clorox Co/The CLX US 8,151 1,080,100 1.81
    Adyen Nv ADYEN NA 673 1,078,079 1.80
    Be Semiconductor Industries Nv BESI NA 2,279 1,042,432 1.74
    Prosus Nv PRX NA 15,947 1,038,659 1.74
    Siemens Healthineers Ag SHL GR 18,030 1,027,081 1.72
    Lpl Financial Holdings Inc LPLA US 2,566 1,021,681 1.71
    Coloplast A/S COLOB DC 11,324 992,206 1.66
    Fortinet Inc FTNT US 5,243 978,328 1.64
    Danaher Corp DHR US 4,081 977,962 1.64
    Marketaxess Holdings Inc MKTX US 4,974 950,310 1.59
    Zozo Inc 3092 JP 108,657 943,481 1.58
    Campbell's Company/The CPB US 31,874 913,921 1.53
    Nike Inc NKE US 14,549 905,474 1.51
    Kongsberg Gruppen Asa KOG NO 16,783 787,896 1.32
    Broadcom Inc AVGO US 1,271 733,364 1.23
    Bae Systems Plc BA/ LN 18,538 695,166 1.16
    Bristol-Myers Squibb Co BMY US 8,216 680,632 1.14
    Mondelez International Inc MDLZ US 7,827 673,487 1.13
    Roche Holding Ag ROP SW 1,113 662,370 1.11
    Blackstone Inc BX US 3,971 655,665 1.10
    Masco Corp MAS US 6,773 634,695 1.06
    Gsk Plc GSK LN 17,501 630,436 1.05
    Microsoft Corp MSFT US 1,073 625,741 1.05
    Heineken Nv HEIA NA 5,370 603,792 1.01
    Diageo Plc DGE LN 19,508 587,140 0.98
    Charles Schwab Corp/The SCHW US 4,656 584,798 0.98
    Estee Lauder Cos Inc/The EL US 4,744 583,755 0.98
    Chipotle Mexican Grill Inc CMG US 12,731 583,382 0.98
    Experian Plc EXPN LN 11,822 576,192 0.96
    Relx Plc REL LN 12,398 570,683 0.95
    Sap Se SAP GR 2,205 552,504 0.92
    Reckitt Benckiser Group Plc RKT LN 5,995 526,980 0.88
    Oracle Corp ORCL US 1,954 522,918 0.87
    Veeva Systems Inc VEEV US 2,247 501,431 0.84
    Nintendo Co Ltd 7974 JP 8,072 500,290 0.84
    Broadridge Financial Solutions Inc BR US 2,325 487,481 0.82
    Rheinmetall Ag RHM GR 227 457,890 0.77
    Adobe Inc ADBE US 1,264 431,037 0.72
    Costar Group Inc CSGP US 9,075 429,253 0.72
    Oriental Land Co Ltd/Japan 4661 JP 22,796 424,757 0.71
    Wolters Kluwer Nv WKL NA 4,193 419,900 0.70
    Tyler Technologies Inc TYL US 946 412,866 0.69
    Zoetis Inc ZTS US 3,586 406,289 0.68
    Workday Inc WDAY US 1,970 351,704 0.59
    Other/Cash --   27,194 0.05
    Total 100.00
    These are not recommendations to buy or to sell any security.

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.

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