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Russell launches Australia’s first high dividend ETF

Discussion in 'Exchange Traded Funds (ETF)' started by Simon Hampel, 18th May, 2010.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Russell Investments - Press > Press Releases > May 2010 > 4 Etf Launch >

     
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

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    What I want know is, how this new russell ETF is better than a ASX200 ETF? I know the russell invests in 50 companies. Because the Aussie market is small, wouldn't this new ETF be mainly banks and miners? :confused:




    Johny.
     
  3. jabba_jones

    jabba_jones Well-Known Member

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    Better depends on what you're looking for in a investment. so not better per say, different.

    So instead of buying stocks based on market cap as an ASX200 ETF probably would, it uses the above criteria to weight. Stocks would more likely be finance coys & banks, Miners don't generally give decent dividends.

    Not sure how paying high dividends and tax deferral work hand in hand. I'd much rather the share price go up and a minor dividend paid, but thats just me.