- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 70 Sir John Rogerson's Quay Dublin Ireland D02 R296
- IPO Date
- Jul 9, 2020
- Business
- VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) is an exchange-traded fund that seeks to replicate the performance of the Morningstar Global Wide Moat Focus Index, targeting attractively valued global companies with sustainable competitive advantages, or wide economic moats, as identified by Morningstar equity research; the fund employs full physical replication by holding all index constituents, approximately 75 equities across large- and mid-cap stocks in developed and emerging markets, with top holdings including Nabtesco Corp., Allegion plc, British American Tobacco plc, Brambles Ltd., Alphabet Inc. Class A, Rheinmetall AG, Taiwan Semiconductor Manufacturing Co. Ltd., and others; it is an accumulating ETF with dividends reinvested, a total expense ratio of 0.52% p.a., and currency unhedged exposure primarily in USD.
Launched on 7 July 2020 and domiciled in Ireland as part of VanEck UCITS ETFs plc, the ETF is issued and managed by VanEck, a New York City-headquartered global investment manager founded in 1955 with additional offices in Europe, Asia-Pacific, and elsewhere; it trades on multiple exchanges including the London Stock Exchange (GOGB in GBP, GOAT in USD), Xetra (VVGM in EUR), Borsa Italiana, Euronext Paris, and SIX Swiss Exchange.
The fund serves investors seeking long-only equity exposure to world markets with sector weightings emphasizing health care, industrials, information technology, and consumer staples, and geographic focus predominantly on the United States alongside holdings in Japan, the United Kingdom, Germany, Taiwan, and other regions.
No major strategic changes, such as partnerships, acquisitions, funding rounds, new product launches, or reorganizations specific to this ETF, have been reported in the last 1-2 years; VanEck continues routine semi-annual index rebalances and quarterly reviews by Morningstar, with recent portfolio adjustments reflecting market conditions like health care strength amid tech slowdowns.