Wikinvest Wire

Monday, May 02, 2005

ETF Focus: S&P launches index focusing on dividend payers

ETF Focus: S&P launches index focusing on dividend payers

So it looks like we will have our third dividend focused ETF, soon, based on the new S P Dividend Aristocrats fund. The other day I posted an article from Barron's that had some negative comments on CEFs that write calls. Too much of any new type of product can be a negative but I don't think three of a thing means too much supply and for now it is nice to have a couple of choices.

For me the focus is still that new products are being thought up and brought to market. Low impact (read: things that don't cause a lot of stress) holdings as a cornerstone to a self managed portfolio will get most investors where they need to be. A portfolio chock full of four letter stocks with betas of two or three is more risk than most people need to take on.

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