Designed to provide broad exposure to the Style Box - All Cap Blend category of the market, the VanEck Morningstar SMID Moat ETF (SMOT) is a smart beta exchange traded fund launched on 10/04/2022.
Designed to provide broad exposure to the Style Box - All Cap Blend category of the market, the VanEck Morningstar SMID Moat ETF (SMOT) is a smart beta exchange traded fund launched on 10/04/2022.
Designed to provide broad exposure to the Style Box - All Cap Blend category of the market, the VanEck Morningstar SMID Moat ETF (SMOT) is a smart beta exchange traded fund launched on 10/04/2022.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 463 | $16,760.6 | $18,126.45 | $1,365.85 | 8.15% |
| DC Diane Collins Rovin Capital /UT/ /ADV | 8,503 | $278,813.37 | $333,445.14 | $54,631.77 | 19.59% |
Daren Blonski Fermata Advisors LLC | 7,849 | $273,145.2 | $307,092.12 | $33,946.92 | 12.43% |
| TCL Therese C.D. Linden Bank of New Hampshire | 31,182 | $1.12M | $1.22M | $100,118.68 | 8.93% |
| SMS Susan M. Stiles Stiles Financial Services Inc. | 22,043 | $751,244.18 | $863,203.88 | $111,959.7 | 14.9% |
| BATS Exchange | US Country |
The fund is specifically designed for investors seeking to capitalize on the potential of small- and medium-capitalization companies. These companies, as defined and identified by Morningstar, are believed to possess sustainable competitive advantages, setting them apart in the marketplace. To ensure that the fund aligns closely with its investment strategy, it commits at least 80% of its total assets to securities that are included in its benchmark index. This index is curated based on a proprietary methodology developed by Morningstar, which incorporates both quantitative and qualitative factors to select companies. The fund's approach is notably non-diversified, concentrating its investments in a way that seeks to maximize returns by focusing on a specific sector of the market that its managers believe offers significant growth potential.
At the core of its offerings, the fund invests primarily in securities of small- and medium-capitalization companies. These investments are selected based on an index that reflects companies with sustainable competitive advantages. By focusing on these types of companies, the fund aims to provide investors with the opportunity to participate in the potential growth and innovation of these firms.
One of the distinguishing features of the fund is its utilization of a proprietary methodology developed by Morningstar. This methodology is comprehensive, incorporating both quantitative and qualitative assessments to identify companies that are not only performing well currently but are also positioned to maintain their competitive edge over the long term. This strategic approach enables the fund to make informed investment decisions.
The fund employs a non-diversified investment strategy, meaning it concentrates its investments in a smaller number of securities. While this approach may involve a higher level of risk compared to diversified funds, it also offers the potential for higher returns. This strategy is suitable for investors who are willing to accept higher volatility in exchange for the possibility of significant gains.