US shares
MHOT
VanEck Morningstar Wide Moat (AUD Hedged) ETF · VanEck
The same wide-moat US companies as VanEck's unhedged moat fund, with the foreign-currency exposure hedged back to Australian dollars.
What the fee costs you
The management fee is 0.52% a year. Here’s what that works out to in dollars:
A 0.52% yearly fee works out to about $52 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- VanEck
- Asset class
- US shares
- Number of holdings
- ~57
- Where it invests
- Almost entirely the United States.
- Income paid
- Annually
- Currency hedged
- Yes — It's hedged back to Australian dollars, so movements between the Australian and US dollar have little effect on the value.
Its character
The currency-hedged twin of the wide-moat US strategy: the same idea — quality US companies trading below fair value — but the hedge aims to remove the effect of the Australian and US dollar exchange rate.
What to keep in mind
A concentrated set of around 55 US companies, so stock selection matters more than in a broad market fund. Hedging removes the currency swings but adds a cost and can work against the value when the Australian dollar falls.
Figures last verified 2026-06-23against the issuer’s factsheet and PDS.