NASDAQ Nordea SmartBeta Dividend Momentum Swe TR

Index Description

The Nasdaq Nordea SmartBeta Dividend Momentum TR Index is a transparent, rules based equity strategy index aimed to provide exposure to high dividend yield and low volatility. The Index follow a systematic selection approach where the first step is a liquidity screening. The securities that qualifies the liquidity screening are then ranked according to highest dividend yield measured over the last 12-month period. The securities that rank among the top 50 are subsequently ranked according to highest momentum measured over the last 12-month period. Finally, the securities that rank among the top 30 are selected.