Do you like the idea of ever-growing dividend income, but aren't interested in keeping tabs on a portfolio of individual stocks? There's a simple solution: Own a handful of exchange-traded funds (ETFs) instead.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JBS Joseph Blane Shea Horizon Family Wealth Inc. | 107,758 | $3.36M | $3.98M | $614,484.6 | 18.28% |
| ARCA Exchange | US Country |
The fund is designed to offer investors exposure to a specific subset of the S&P 500® Index, focusing primarily on companies expected to have the highest dividend yield growth. By investing at least 90% of its total assets in securities that are part of the underlying index, it aims to closely track the performance of these selected companies. The underlying index is compiled, maintained, and calculated by S&P Dow Jones Indices LLC, adhering to strict guidelines and procedures. The fund's investment approach is characterized by its non-diversified status, which means it may concentrate its investments more heavily in fewer issuers than diversified funds. This strategy is intended for investors looking to capitalize on forecasted dividend yield growth within the S&P 500® Index.
This product is at the core of the fund's offering, which involves investing primarily in securities that form part of a specifically designed index. The index aims to measure the performance of S&P 500® companies projected to have the highest dividend yield growth. This approach allows investors to potentially benefit from focusing on these select companies through a single investment vehicle.
Unlike diversified funds, this fund invests a larger portion of its assets in fewer issuers. This non-diversified status means that the fund may exhibit more volatility and higher risk in exchange for the possibility of higher returns. This structure is intended for investors with a risk tolerance that aligns with the potential for more concentrated exposure to market movements.