(This article originally appeared on ETF.com)
In a recent filing, it looks like Global X is planning to build out its family of “SuperDividend” ETFs beyond the six currently trading funds. The Global X MSCI SuperDividend EAFE ETF will track a benchmark derived from the MSCI EAFE Index, which essentially selects the 50-highest-yielding equities in the MSCI EAFE and equal-weights them.
The filing did not include a ticker, expense ratio or listing exchange.
Global X’s SuperDividend family includes funds covering the emerging markets, alternatives, preferred securities and REIT spaces, among others. The largest fund in the family is the $840 million flagship fund, the Global X SuperDividend ETF (SDIV), which launched in 2011 and is global in scope.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
A search will be launched for Peter Harrison's successor.
-
Total market share of active ETFs has grown to 8.5%.
-
The FCA regulated digital asset exchange added tokenized access to abrdn’s MMFs last year.
-
The asset manager wants to list the trust as a spot Ethereum ETF.
-
Traders can signal and participate in exceptionally large or illiquid block trades with one click.