Moat investing latest equity research indicates that

Latest equity research indicates that moat investing strategies continue outperforming the S&P 500 in 2024, with Morningstar’s Wide Moat Focus Index delivering a YTD return of 9.8%. Analysts cite strong revenue resilience in companies with durable competitive advantages, particularly in sectors like pharmaceuticals and cloud computing. The best news is that the RAS market can still grow significantly. The worldwide surgical market was worth an estimated $3.35 trillion in 2024, while RAS accounted for just $11.2 billion of that. The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. VanEck Switzerland AG and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information. The views and opinions expressed are those of the author(s) but not necessarily those of VanEck. Opinions are current as of the publication date and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Brokerage or transaction fees may apply. A copy of the latest prospectus, the Articles, the Key Information Document, the annual report and semi-annual report can be found on our website www.vaneck.com or can be obtained free of charge from the representative in Switzerland: First Independent Fund Services Ltd, Feldeggstrasse 12, 8008 Zurich, Switzerland. Swiss paying agent: Helvetische Bank AG, Seefeldstrasse 215, CH-8008 Zürich. The latest quarterly earnings season proved the moat investing approach’s resilience. 78% of wide-moat firms in the MSCI index reported positive earnings surprises, with notable contributions from diversified healthcare and payment processing sectors.