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WisdomTree Launches Fund Targeting Dividend Growth In Eurozone

Amisha Mehta Deputy Editor London 7 July 2016

WisdomTree Launches Fund Targeting Dividend Growth In Eurozone

The US-based exchange-traded fund specialist has expanded its range of income strategies in global dividend growth.

WisdomTree has launched the WisdomTree Eurozone Quality Dividend Growth UCITS ETF on the London Stock Exchange.

The launch follows the firm's addition last month of two ETFs to the London Stock Exchange, offering exposure to US and global companies with dividend growth potential.

WisdomTree's quality dividend growth methodology focuses on companies with a robust return on equity and assets – those with low debt – as well as potential for strong future dividend potential and lower volatility across developed market regions.

“In this current low-interest rate environment, we believe a quality tilt in the eurozone may appeal to investors looking for a strategy that concentrates on forward looking fundamentals,” said Nizam Hamid, ETF strategist at WisdomTree Europe.

“The screening methodology we employ for these quality dividend products ensures higher weights in technology and consumer staples along with low weights in financials.”

WisdomTree has around $38.1 billion in assets under management globally.

 

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