GOAT - VanEck Vectors Morningstar World ex Australia Wide Moat ETF

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VanEck Vectors Morningstar World ex Australia Wide Moat ETF GOAT

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.

Index description: The Morningstar® Developed Markets ex-Australia Wide Moat Focus Index is a rules-based index intended to track the overall performance of attractively priced developed markets ex-Australia companies with sustainable competitive advantages according to Morningstar's equity research team.      

Management style: Replication

Country of domicile: Australia

 as at 15-Jan-21

  • Exchange

    ASX
  • ASX code

    GOAT
  • Bloomberg index code

    MSDIWFNA
  • Index provider

    Morningstar
  • NAV1

    $21.04
  • Units outstanding1

    400,000
  • Net assets1

    $8.4M
  • Number of holdings1

    71
  • Inception date2

    08-Sep-20
  • ASX commencement

    10-Sep-20
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 15-Jan-21

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 12pm next business day.

Fundamentals as at 31-Dec-20

  • Weighted avg. market cap
    (AUD)

    $216.8B
  • Price/earnings ratio
    (last 12 months)*

    25.2
  • Price/book ratio
    (last 12 months)*

    3.8
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Dec-20

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    97.94
  • Mid ($1.0 - $5.0B)

    1.96
  • Small (<$1.0B)

    0.00
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures
   

  • Beta vs. MSCI World ex
    Australia

    --
  • Correlation vs. MSCI World
    ex Australia

    --
  • Volatility (standard deviation)

    --
  • Sharpe ratio

    --

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Dec-20

  • Country

    Weightings (%)
  • United States

    63.9
  • Switzerland

    9.2
  • United Kingdom

    7.6
  • Japan

    5.5
  • Canada

    3.9
  • Ireland

    3.1
  • Germany

    3.0
  • France

    1.8
  • Sweden

    1.0
  • Denmark

    1.0
  • Other/Cash

    0.1
  • Total

    100.1

Portfolio composition (%)
as at 14-Jan-21

  • Asset classes

    % of Fund net assets
  • Stocks

    100.01
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -0.01
  • Total

    100.00

Sector weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)
  • Pharmaceuticals

    12.3
  • Software

    7.9
  • Machinery

    7.5
  • Capital Markets

    5.3
  • Health Care Equipment &amp; Supplies

    5.1
  • Semiconductors &amp; Semiconductor Equipment

    4.7
  • Electrical Equipment

    4.1
  • Health Care Technology

    4.0
  • Tobacco

    3.8
  • Beverages

    3.1
  • Hotels, Restaurants &amp; Leisure

    3.0
  • Commercial Banks

    3.0
  • Personal Products

    2.9
  • Food Products

    2.8
  • Biotechnology

    2.4
  • Chemicals

    2.2
  • Textiles, Apparel &amp; Luxury Goods

    2.2
  • Media

    2.1
  • Industrial Conglomerates

    2.0
  • Diversified Financial Services

    2.0
  • Metals &amp; Mining

    2.0
  • Interactive Media &amp; Services

    1.9
  • Multi-Utilities

    1.9
  • Leisure Equipment &amp; Products

    1.9
  • Household Products

    1.8
  • Entertainment

    1.3
  • Road &amp; Rail

    1.1
  • Internet &amp; Catalog Retail

    1.0
  • Building Products

    1.0
  • Specialty Retail

    1.0
  • Professional Services

    1.0
  • Oil, Gas &amp; Consumable Fuels

    0.9
  • IT Services

    0.9
  • Other/Cash

    0.1
  • Total

    100.2