New ETF from First Trust on Xetra: access to small & mid caps US companies with rising dividend yields
New ETF from First Trust on Xetra: access to small & mid caps US companies with rising dividend yields
A new exchange-traded fund issued by First Trust has been tradable on Xetra and Börse Frankfurt since Monday.
The benchmark index currently consists of 99 small & mid cap companies that Nasdaq believes have increased their dividend value over the previous three- and five-year annual periods and are best positioned to continue dividend increases.
The most strongly represented sectors are financials (31 per cent), industrials (22 per cent) and consumer discretionary (21 per cent).
Name | Asset class | ISIN | ongoing charges | Distribution policy | Reference index |
First Trust SMID Rising Dividend Achievers UCITS ETF | Equity ETF | 0.60 per cent | accumulating | Nasdaq US Small Mid Cap Rising Dividend Achievers Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,158 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.