Morningstar Global Wide Moat VC 7% Index
Delivering risk-controlled exposure to companies with durable competitive advantages, treasuries and commodities
Morningstar Global Wide Moat VC 7% Index
To diversify risk, the base index is comprised of three underlying component indexes that each represent a single asset class. The index is re-weighted monthly based on a fixed risk budget:
 |  |  |
60% Global Equities | 20% US Treasuries | 20% Commodities |
To stabilize risk, a risk control overlay is applied to the base index with a target volatility of 7%, and to limit risk, the leverage on the base index is capped at 250%.
What is an Economic Moat?
An economic moat is a durable competitive advantage that allows a company to keep competitors at bay and generate profits over an extended period. This video provides a quick overview of the five sources that build and widen a moat.
Insights from the Leading Edge
We keep up with the evolving needs of investors in a way that only Morningstar can: by leveraging our heritage as a trusted provider of data and research.