The fund is managed by Van Eck Associates Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Morningstar Wide Moat Focus Index, by using full replication technique. Wide Moat ETF was formed on April 24, 2012 and is domiciled in the United States. equities with long-term competitive advantages and an attractive valuation.