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VanEck launches sustainability-focused Morningstar ESG Moat ETF
By Marisa Wong
Los Angeles, Oct. 7 – VanEck announced the launch of the VanEck Morningstar ESG Moat ETF (CBOE: MOTE), the newest addition to the firm’s lineup of moat investing exchange-traded funds and growing lineup of sustainability-focused investment solutions, according to a press release.
The new ETF is designed to provide investors with exposure to attractively priced U.S. companies that Morningstar believes possess long-term competitive advantages, or “moats,” that have been screened for ESG risks.
The ETF attempts to track the Morningstar US Sustainability Moat Focus index.
VanEck is an investment manager based in New York.
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