ETFCentral


CoreShares

CoreShares Dividend Aristocrats ETF


Summary

Issuer
CoreShares
Short Code
DIVTRX
Launch Date
14 April 2014
Index Tracked
S&P SA Dividends Aristocrat


Exposure

Local/Offshore
Local
Asset Class
Equity


Cost

TER
0.54%


Smart Beta

Smart Beta
Yes
Smart Beta Type
Alternative Index Construction


Dividends

Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
20 April 2020
Next Dividend Payout
13 July 2020


Detailed Description

´╗┐The investment policy of the portfolio shall be to track the S&P South Africa Dividend Aristocrats Index as closely as possible, by buying only constituent securities in the same weightings in which they are included in the Index and selling only securities which are excluded from the Index from time to time as a result of quarterly Index reviews or corporate actions.

The index, which is constructed and maintained by S&P Dow Jones Indices, is designed to measure the performance of constituents of the S&P South Africa Composite Index that have followed a policy of increasing or maintaining stable dividends for seven consecutive years.