SMOT: Do Not Set Expectations Too High (BATS:SMOT)

Magnificent Leeds Castle in Kent, England, UK

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The VanEck Morningstar SMID Moat ETF (BATS:SMOT), which I started covering earlier this year, is all about moaty plays in the small- and mid-cap equity echelons. This is an alluring concept, marrying up the resilience inherent in moaty players

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