[情報] Alpha Architect Anti-Dividend ETFs

看板Foreign_Inv (海外投資)作者daze (一期一會)時間3月前 (2024/08/17 08:58)推噓15(15推 0噓 12→)

留言27則, 15人參與討論串1/1

Alpha Architect 最近向 SEC 提出了一些新 ETF 的申請其中包括了 Alpha Architect US Anti-Dividend [AAUS] Alpha Architect Intl. Anti-Dividend [AAGL] Prospectus: https://tinyurl.com/4466e5dn === For AAUS: 「 The Fund will seek to achieve broad diversification to U.S. equity markets while avoiding dividend payments from its portfolio holdings. The Fund seeks to take advantage of proprietary research that suggests that stocks scheduled to pay a dividend should be avoided just prior to the dividend distribution and for at least 30 days after the dividend distribution. The proprietary research further indicates that the demand for dividend-paying stocks prior to the dividend distribution is too high (thus driving stock prices above a company’s fundamentals) and the demand for dividend paying stocks after distribution is too low (thus driving stock prices below a company’s fundamentals). 」「 The Sub-Adviser will generally monitor the Fund’s portfolio holdings at least weekly and will look to replace stocks expected to pay a dividend in the immediate future. When such replacement trades occur, the additional capital will be reallocated across the Fund’s remaining holdings that are not expected to pay a dividend in the near future. The Sub-Adviser may also replace the portfolio holding with an investment in targeted or broad market ETFs, or through investments in options that provide exposure to the broad U.S. market. In addition, the Sub-Adviser will look to buy back the sold security approximately 30 to 45 days after the dividend distribution. Investors seeking income should not invest in this Fund. This process seeks to outperform the broad U.S. market, while having a secondary effect of potentially reducing year-end distributions. 」 === 簡單說，ETF會在持股配息前把持股賣掉，在30~45天內買回來。 (Edit: 被賣掉持股的資金，會被分配給其他沒配息的持股，或買大盤。) 對於不喜歡領股息想操作棄息的人現在有基金經理人直接幫你處理或許是個有趣的產品 AAUS 管理費預計 0.15% AAGL 管理費預計 0.25% 不過這些產品才剛送SEC，何時會上市還是未知數。 -- So stand by your glasses steady, Here’s good luck to the man in the sky, Here’s a toast to the dead already, Three cheers for the next man to die. -- ※ 發信站: 批踢踢實業坊(ptt.cc), 來自: 114.39.42.116 (臺灣) ※ 文章網址: https://www.ptt.cc/bbs/Foreign_Inv/M.1723856335.A.CEA.html ※ 編輯: daze (114.39.42.116 臺灣), 08/17/2024 09:19:29

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