EFAS Profile
The Global X MSCI SuperDividend EAFE ETF aims to deliver high income through dividends by investing in high-yield equity securities across Europe, Australasia, and the Far East. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in the securities that comprise the MSCI EAFE SuperDividend Index. This index is specifically designed to track the performance of the 50 highest dividend-yielding companies in these regions, as determined by MSCI, the provider of the underlying index.
The MSCI EAFE SuperDividend Index identifies and includes companies from developed markets in Europe, Australasia, and the Far East that offer substantial dividend yields. These companies are selected based on their ability to deliver high income relative to their stock prices. The index employs an equally-weighted methodology, ensuring that each of the 50 component stocks has an equal impact on the index's performance. This approach aims to reduce concentration risk and provide diversified exposure to high-yield dividend payers in the region.
The ETF's investment strategy emphasizes income generation by focusing on companies with strong dividend payout histories. By concentrating on high dividend yield stocks, the fund targets investors seeking regular income streams in addition to potential capital appreciation. The underlying index’s methodology allows the fund to capture a broad spectrum of high-yield opportunities, offering investors exposure to various sectors and industries within the EAFE region.
The Global X MSCI SuperDividend EAFE ETF is tailored for investors who prioritize income and seek to benefit from dividend-rich companies in developed markets outside North America. The fund's commitment to high dividend yields reflects broader trends towards income-focused investment strategies, appealing to those who value steady cash flow from their investments. With its focus on established companies known for substantial dividend payouts, the ETF provides a strategic option for diversifying income sources within the international equity landscape.
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