Janus Capital Group Inc. (NYSE: JNS) could add to its burgeoning lineup of exchange traded funds with a new dividend ETF.
In a statement out Wednesday, Denver-based Janus said it “filed a registration statement with the Securities and Exchange Commission for a global equity income exchange traded fund (ETF) with a focus on dividend paying companies with robust balance sheets and underlying businesses, seeking to provide clients an important income producing alternative in an environment of negative interest rates and yields.”
The The Janus SG Global Quality Income ETF (ticker: SGQI) will track the Societe Generale SGI Global Quality Income Index, “which seeks to identify quality companies with attractive and sustainable dividends,” according to Janus.
Existing smart beta ETFs from Janus include the Janus Small Cap Growth Alpha ETF (NasdaqGM: JSML) and Janus Small/Mid Cap Growth Alpha ETF (NasdaqGM: JSMD), which debuted in February.[related_stories]