ETFWorld : DWS launches two ETFs focused on high dividend companies

The new ETFS have been listed on the London Stock Exchange….

Xtrackers Morningstar US Quality Dividend UCITS ETF 1D
Asset class: equity index ETF
Ongoing charges: 0.35 %

Distribution policy: distributing
Benchmark: Morningstar US Dividend Yield Focus UCITS Index 

The Morningstar® Dividend Yield Focus Index is designed to reflect the performance of shares, issued by US based companies, which pay high dividends.

The shares eligible to be included in the Index are decided by using the following steps:

(1) selecting eligible companies, which constitutes more than 95% of the US share market value, including large, medium and small sized companies;

(2) screening and filtering these companies for quality based on financial health according to certain pre-defined measures;

(3) ranking all of the resulting companies according to the dividend payments made in the last 12 months and selecting the top 75 companies for inclusion in the Index, weighted by the dividends paid to investors.

The Index is calculated on a total return net basis.

Xtrackers MSCI World High Dividend Yield UCITS ETF 1D
Asset class: equity index ETF
Ongoing charges: 0.29 %
Distribution policy: distributing
Benchmark: MSCI World High Dividend Yield Index

The Index is based on the MSCI World Index  which includes shares of large and medium sized companies across 23 developed markets countries.

Shares entering the Index must have :

-a dividend yield which is at least 30% higher than the dividend yield of the Reference Index; and

-sustainable dividend yields meaning that shares are not considered for inclusion in the Index if they have a dividend payout that is either extremely high, zero or negative, possibly jeopardising future dividend payments.

Quality screens and twelve-month past performance reviews are also applied to the Index that is calculated on total return net basis.

Source: ETFWorld

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