Asia ETF News for the Past Year
CSOP Asset Management Launches CSOP MAG Seven ETF Tracking Solactive Magnificent Seven Index
November 6, 2024--Solactive is pleased to expand its collaboration with CSOP Asset Management Limited. The CSOP MAG Seven ETF aims to track the Solactive Magnificent Seven Index, offering investors direct access to seven of the largest and most influential U.S. technology companies-Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla-each of which has established itself as a leader in innovation, digital transformation, and technological advancements.
The U.S. tech sector, particularly represented by the "Magnificent Seven," continues to drive the stock market through its cutting-edge innovations and global influence. These industry leaders, spanning areas like AI, cloud computing, and electric vehicles, have demonstrated resilience and high returns, even during market volatility. Nvidia's dominance in AI hardware and Microsoft's growth through AI-driven cloud services reflect the critical role technology plays in shaping the future of industries.[1]
With their innovative capacity and strong financial performance, these companies contribute significantly to the overall performance of the U.S. economy, with their stocks forming a substantial portion of major indices like the Solactive GBS United States 500 Index.
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Source: Solactive AG
BetaShares-The ultimate guide to dividend ETFs
November 6, 2024--Dividend exchange-traded funds (ETFs) offer investors the opportunity to generate attractive income.
Not only can dividend ETFs provide investors with relatively attractive yields, but some strategies intentionally seek to grow income above the rate of inflation.
In this article, we'll explore the world of dividend ETFs and what to look for before investing in these products.
Key takeaways
Dividend ETFs aim to invest in companies that are expected to pay high, reliable and/or growing income streams.
Dividend ETFs can invest in a range of different types of assets, including Australian shares, international shares and Real Estate Investment Trusts (REITs).
Distributions can be paid monthly, quarterly, semi-annually, or annually.
ETF issuers do not keep dividends as performance fees -they are generally paid out to investors as distributable income.
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Source: BetaShares AU
