Europe’s first listing of S&P high dividend low-vol ETF

London stock exchangeExchange-traded fund (ETF) provider, Invesco Powershares, has listed an ETF on the London Stock Exchange (LSE) designed to provide attractive yield coupled with lower volatility from 50 US equities. The product has already been listed on the Irish Stock Exchange. The Powershares S&P 500 High Dividend Low Volatility Ucits ETF invests in the 50 least-volatile high dividend-yielding stocks in the underlying S&P 500 Index in order to strike a balance between dividend yield and volatility. Bryon Lake, head of Invesco Powershares in Europe, Middle East and Africa, says that as the US is the largest single-country economy in the world, the expansion of the firm’s smart beta products allows investors to gain more refined exposure to US equities. “The current climate of low interest rates means investors are continuing to seek yield, and are especially wary of the potential of increased volatility,” he says. “By combining the high dividend and low volatility screens, we’re seeking to present investors with the best of both worlds,” adds Lake. Following the LSE and Irish Stock Exchange listings, the ETF will be listed by Euronext Paris, Borsa Italiana, Deutsche Börse and SIX Swiss Exchange. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.