Stock price when the opinion was issued
Very similar to MOAT (See Past Picks), Except it is exposed to companies with wide economic moats and strong competitive advantages, outside of North America. He is looking beyond North America borders, because he feels North America markets are quite richly valued. If looking for international exposure, this is a great ETF. Has a relatively low fee of .56%. A 56% basis point for international exposure to a wide moat, high economic competitive advantage type company is good.