WisdomTree launches new share class for Quality Dividend Growth ETFs
ETF provider WisdomTree has announced that its Quality Dividend Growth ETF range is now also available as a distributing share class format.
The addition includes the WisdomTree US Quality Dividend Growth Ucits ETF (DGRA), the WisdomTree Global Quality Dividend Growth Ucits ETF (GGRA) and the WisdomTree Eurozone Quality Dividend Growth Ucits ETF (EGRA), which are listed among others on Deutsche Boerse Xetra and the London Stock Exchange.
According to WisdomTree, the emphasis of the Quality Dividend Growth methodology is based on shifting trends in dividends and focuses on fundamental metrics that the company believes are associated with future dividend growth potential.
“In addition to offering an extensive range for dividend growth by geographic exposure, we’ve now introduced further flexibility for those investors who are looking for an income stream,” comments Nizam Hamid, ETF strategist at WisdomTree. “We think the product would suit those attracted to the long term strategy returns but where income is important in the current low interest rate environment.”