Exchange traded fund provider ProShares has launched the ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV), which is focused on emerging markets companies with the longest track records of year-over-year dividend growth.
It is sixth in ProShares’ suite of dividend growers ETFs – the largest suite of any ETF provider.
“Dividend growth investing is a strategy that has become more and more popular because it attempts to identify quality companies with the potential for outperformance and lower volatility,” says Michael L Sapir, co-founder and CEO of ProShare Advisors, the advisor to ProShares. “We are pleased to add an emerging markets fund to our suite of dividend growers ETFs.”
ProShares’ first dividend growers ETF, NOBL, recently surpassed USD1 billion in assets in just over two years since its launch.