Emerging market equities have provided investors with the opportunity to gain exposure to high growth developing countries, and now, income-focused exchange traded fund investors may also access dividend-paying emerging market stocks.
For example, the recently launched iShares Emerging Market Dividend Fund (NYSEArca: DVYE) is based on the Dow Jones Emerging Markets Select Dividend Index, which holds the top 100 dividend-paying emerging market companies. DVYE started trading on Feb. 23. [New Emerging Market Dividend ETF from iShares]
Top sector allocations include industrials 17.4%, telecommunications 16.1%, financials 13.8%, consumer goods 13.7% and basic materials 13.3%.
Top country allocations include Taiwan 23.6%, Brazil 13.5%, South Africa 11.6%, Turkey 8.6% and Malaysia 6.0%. [Emerging Market Dividend ETFs]