Xact lists a new Nordic Smart Beta ETF
Today, Xact is listing the first Nordic smart beta ETF, which tracks stable, dividend-paying equities. The fund, XACT Nordic High Dividend Low Volatility, tracks an index that combines dividends and stable returns. This strategy is used by major institutional investors on the one hand and private savers on the other, and is particularly attractive when traditional low risk investments provide no – or very low – returns. Complementing dividends with the “low risk” factor (i.e. low volatility in the share) creates the basis for the index to identify stable, dividend-paying stocks – a
