First Trust Launches International Multi-Asset ETF Based on NASDAQ Index

First Trust Launches International Multi-Asset ETF Based on NASDAQ Index By: Rob Hughes
on 8/26/2013

On the heels of the recent launch of the NASDAQ International Multi-Asset Diversified Income Index (NQMAXUS), First Trust today launched a new low volatality, high yield exchange-traded product (ETF), the International Multi-Asset Diversified Income Index Fund (Ticker Symbol: YDIV), tracking the index.

Similar to the First Trust U.S. Multi-Asset Diversified Income Fund (MDIV), YDIV provides a diversified strategy with high yield components such as dividend-paying equities, real estate investment trusts (REITs), preferred stocks, infrastructure securities and fixed-income ETFs (represented by EMB, the iShares J.P. Morgan USD Emerging Markets Bond ETF.) With the exception of the fixed income, the asset class segments are generally derived from broad global benchmarks that exclude U.S. securities.

To read more about NQMAXUS, the benchmarking index for YDIV, DOWNLOAD our latest Research piece.

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