SPDR ETFs launches two dividend ETFs
SPDR ETFs, the exchange-traded funds platform of State Street Global Advisors (SSgA), has launched two new ETFs on the Deutsche Borse, the SPDR S&P Global Dividend Aristocrats UCITS ETF and the SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF.
The two new physically-backed ETFs extend the equity dividend family available from SPDR ETFs, which includes the SPDR S&P US Dividend Aristocrats UCITS ETF, now the largest dividend ETF in Europe following its launch in October 2011 with assets under management over USD1bn, the SPDR S&P UK Dividend Aristocrats UCITS ETF, the SPDR S&P Euro Dividend Aristocrats UCITS ETF and the SPDR S&P Emerging Markets Dividend Opportunities UCITS ETF.
The SPDR S&P Global Dividend Aristocrats ETF provides a single investment with exposure to dividend paying stocks in both developed and emerging markets.
The SPDR S&P Pan Asia Dividend Aristocrats ETF aims to provide investors with exposure to high quality dividends in Asia Pacific as well as providing investment opportunities for those who manage asset allocation regionally.
Scott Ebner, head of global product development at SSgA, says: “High dividend yielding stocks can be an attractive solution for providing income and capital appreciation potential in an investors portfolio, especially in this low yield environment. Our approach to dividend investing at SPDRs has been centred around indices that not only favour high yielding stocks, but also focus on the sustainability of yield by incorporating objective criteria such as a company’s track record of paying stable or increasing dividends and earnings criteria to include stocks that are more likely able to continue to deliver dividend income.”
There are now 48 SPDR ETFs listed on European exchanges including the London Stock Exchange and Deutsche Börse.
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