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MELI - Global Moat Investing Showing Strength In 2022
MercadoLibre Inc.
The Moat Index continued to benefit from strong stock selection relative to the S&P 500 Index, as opposed to opportunistic sector bets.
The International Moat Index’s exposure to moat-rated companies with attractive valuations has positioned it well for the global market turmoil of 2022.
Outside of 2021 when the Global Moat Index underperformed the ACWI, it has outperformed in all calendar year and standard trailing periods.