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Mark Kennedy

New Dividend ETF - Coming Soon

By November 7, 2012

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Global X has a new dividend ETF in the works...

  • DIV - Global X Super Dividend US ETF

The new fund is actually a super dividend ETF like Global X's other fund SDIV. However, this new dividend fund tracks the INDXX SuperDividend U.S. Low Volatility Index.

DIV will invest in 80% of the benchmark's holdings which include equally weighted common stocks, MLPs and REITs that rank among the highest dividend yielding equity securities in the US. You can get the full details on the actual filing.

There isn't a launch date as of yet, but when that is announced, I'll be sure to let you know. In the meantime, you can see similar funds on the...

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