The $37 million HILO, which has a trailing 12-month yield of 4.5%, currently tracks the FTSE Emerging All Cap ex Taiwan Low Volatility Dividend Index. The ETF’s ticker will remain the same.
““We have learned a great deal about investor preferences for equity income and concluded that while higher yields were attractive, dividend quality and consistency are at least as important,” said Robert Holderith, president and founder of EGA, in the statement. “To that end, HILO’s new investment strategy seeks to do exactly that.”
HILO, which debuted nearly three and a half years ago, currently allocates a combined 37.3% of its weight to Thailand, Malaysia and China.
EGShares Low Volatility Emerging Markets Dividend ETF
ETF Trends editorial team contributed to this post.