Russell lists ETF product on ASX
In what Russell Investments is describing as a global first for the company, it has listed its Russell High Dividend Australian Shares exchange traded fund (ETF) product on the Australian Securities Exchange (ASX).
Russell’s director of product development Amanda Skelly said the product was based on the purpose-built Russell Australia High Dividend Index, and had a bias towards companies with a high expected dividend yield, a history of paying dividends, dividend growth and consistent earnings.
She said the product had been tailor made to specifically meet the needs of Australian investors, especially self-managed superannuation fund (SMSF) investors.
AUTHOR
Mike Taylor
Recommended for you
A fourth private credit fund has received interim stop orders from ASIC following the regulator’s surveillance review.
Perpetual is yet to confirm a buyer for its planned wealth management disposal, but has reported strong asset management inflows in the first quarter.
Two ETF fund managers have opted to switch away from Cboe and onto the ASX in search of better broker connectivity.
The former CEO and co-founder of Zenith Investment Partners has switched sides and moved in-house to take up an executive role at a listed fund manager.
