In June, Janus introduced The Health and Fitness ETF (NasdaqGM: FITS), The Long-Term Care ETF (NasdaqGM: OLD), The Organics ETF (NasdaqGM: ORG) and The Obesity ETF (NasdaqGM: SLIM).
“Societe Generale’s proprietary SGI Global Quality Income Index applies a rules-based approach to assessing companies on a range of factors including return on assets, debt ratios, gross margin, profitability, balance sheet strength and credit metrics to seek to determine those with the financial fundamentals and sustainable businesses necessary to provide both income through reliable dividends and reduce the risk of capital loss,” according to the Janus statement.
Janus expects the new dividend ETF to launch in November.
For more information on new ETFs, visit our New ETF Category.