Day

October 11, 2013
For an ETF dedicated to companies with sustainable competitive advantages—or “wide moats” to borrow a term from Warren Buffett—you might expect relatively low turnover.  After all, moats don’t dry up overnight. Yet in its annual reconstitution last month, the Market Vectors Wide Moat ETF (MOAT), which is based on the Morningstar Wide Moat Focus Index,...
Read More