VanEck Morningstar Global Wide Moat UCITS ETF

The Product's investment objective is to track, before fees and expenses, the price and yield performance of the Morningstar Global Wide Moat Focus Index (the "Index"). In order to seek to achieve its investment objective, the investment policy of the Product is to invest in a portfolio of equity securities that as far as possible and practicable consists of all or substantially all of the component securities of the Index. The Index is comprised of securities issued by companies globally that the Index Provider determines have an attractive fair value price ratio and sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). At each semi-annual review, approximately half of the portfolio held will be rebalanced to equal weights and may result in purchase or disposal of certain securities. The Index will consist of a maximum of 100 equity securities. Where it is not practical or cost efficient for the Fund to fully replicate the Index, the Manager may utilise an optimised sampling methodology. The Product invests in the underlying (physical) securities that make up the Index and does not take part in securities lending. The Product may not invest more than 10% of its Net Asset Value in open-ended collective investment schemes. The Product may invest more than 20% of its Net Asset Value in emerging markets. The Product, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of securities that generally replicates the Index. The Manufacturer will regularly monitor the Product's tracking accuracy. The annualised tracking error envisaged is not anticipated to exceed 0.2% under normal market conditions. Dealing Frequency: You may purchase and redeem shares in this Product on a daily basis and in accordance with the relevant notice period. • Product's base currency: U.S. Dollar • Distribution po

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No