The Morningstar Wide Moat Focus Index tracks companies that earn Morningstar Economic Moat Ratings of wide and whose stocks are trading at the lowest current market prices relative to our fair ...
When we launched the Morningstar® Wide Moat Focus Index℠ in October 2007, we were not anticipating the boom in smart-beta ETFs, factor investing, or rules-based passive indexes. We were simply ...
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In other words, these “wide moat” companies must have strong cash flows with low leverage. While the stock market might look frothy right now, there are still plenty of value stocks out there ...