New Products
What's New In Investments, Funds? – WisdomTree, Nordea
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
WisdomTree
WisdomTree has
expanded its flagship Quality Dividend Growth range with euro and
sterling currency-hedged share classes for one of its
exchange-traded funds.
The ETF – WisdomTree US Quality Dividend Growth UCITS ETF
– is listed on the London Stock Exchange, Borse Xetra and
Borsa Italiana.
The sterling and euro versions of the ETF carry total expense
ratios of 0.35 per cent.
The ETF captures returns from dividend paying companies with the
best-combined rank of earnings' growth, return on equity and
return on assets within an ESG-filtered universe of companies
with sustainable dividend policies.
Since its inception in June 2016, the WisdomTree US Quality
Dividend Growth UCITS ETF has returned 13.12 per cent on an
annualised basis. It has beaten the S&P 500 over the period
with lower volatility, the firm said.
In March 2023, WisdomTree also launched euro and sterling
currency-hedged share classes for the $767 million WisdomTree
Global Quality Dividend Growth UCITS ETF.
Nordea Asset Management
Nordea
Asset Management has adjusted the set-up and name of one of
its funds: Nordea 1 – Global Gender Diversity Fund. The entity is
now called Nordea 1 – Global Diversity Engagement Fund.
The move aligns with NAM's involvement as a cofounder in the
Diversity Project Europe, a cross-border and cross-company
initiative to make the European asset management sector more
inclusive, taking it beyond just gender representation, NAM
said.
By extending the global equity strategy’s investment universe to
include additional diversity and inclusion factors, NAM said it
wants to capture a broader range of companies in the early stages
of D&I development.
NAM said that helping companies accelerate the adoption of
D&I practices can unlock long-term value because investors
will increasingly reward companies that show ESG practices.
