A new exchange-listed equity index fund issued by iShares has been tradable on Xetra® since Thursday. The ETF focuses on companies with headquarters in emerging market countries and a positive dividend yield.
ETF Name: iShares Dow Jones Emerging Markets Select Dividend
Asset Class: Equity Index ETF
ISIN: DE000A1JXDN6
total expense ratio: 0.65 percent
yield: distributing
Benchmark: Dow Jones Emerging Markets Select Dividend Index
The Dow Jones Emerging Markets Select Dividend Index tracks the performance of companies from emerging market countries with stable dividends. The index only contains companies that have displayed positive earnings per share in the past twelve months and distributed dividends in each of the last three years.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 982 exchange-listed index funds, while the average monthly trading volume stands at €12 billion.
