6 New Stocks in the Wide Moat Focus Index
The Morningstar Wide Moat Focus Index scoops up some asset managers and jettisons some real estate stocks.
In June, the Morningstar Wide Moat Focus Index swapped out six stock positions.
To be included in the Wide Moat Focus strategy, a company must have an economic moat rating of wide (which means we think they have advantages that will fend off competitors for at least 20 years), and its shares must be among those trading at the steepest discount to their fair value estimates. (Our fair value estimates are determined through independent research by the Morningstar Equity Research team.) Only U.S. stocks are included in the index.
Karen Wallace does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.