WisdomTree adds UK quality dividend growth ETF to equity range
The strategy aims to provides exposure to 'high-quality and high-profitability' companies at a 'reasonable' valuation, and has a total expense ratio of 0.29%.
The strategy aims to provides exposure to «high-quality and high-profitability» companies at a «reasonable» valuation, and has a total expense ratio of 0.29%.
It tracks the WisdomTree UK Quality Dividend Growth index, which comprises UK companies with high returns on equity, high returns on assets and high medium-term earnings growth, and excludes companies which do not meet the firm's ESG criteria.
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Pierre Debru, head of quantitative research and multi-asset solutions, said «high-quality» companies maintain stability in unfavourable market conditions, making quality-focused investments ideal for helping investors «weather the inevitable storms».
«By focusing on quality companies and adopting a forward-looking approach to dividend growth, we have developed a core equity range that has consistently delivered strong results across regional exposures,» he said.
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The existing ETF range focused on global, US and European companies and the new ETF provides a UK-focused option for investors.
Alexis Marinof, head of Europe, added: «With our quality dividend growth range continuing to grow and attract more interest, the time was right to expand the suite of ETFs and launch a UK-focused approach of our flagship equity strategy for UK investors.»
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