ProShares MSCI Europe Dividend Growers ETF (EUDV)

Overview

The fund is designed to cater to investors looking for exposure to European markets, specifically focusing on companies that demonstrate a strong commitment to increasing shareholder value through consistently raising dividend payments. By mandating that at least 80% of its total assets be invested in securities that are part of its underlying index, the fund aims to replicate the performance of a distinct subset of the MSCI Europe Index. This subset comprises companies that have not only been a part of the MSCI Europe but have also succeeded in increasing their dividend payments annually for a minimum of ten years. This strategy targets investors interested in stable, income-generating investments in the European market, emphasizing long-term dividend growth.

Products and Services

The fund offers a focused investment product with the following characteristics:

• Index-Based European Equity Exposure: By investing predominantly in component securities of the index constructed and maintained by MSCI, the fund offers investors exposure to the European equity market. This approach ensures a well-defined investment thesis centered around dividend growth in Europe, leveraging the expertise and research capabilities of MSCI to select eligible companies.
• Dividend Growth Investment Strategy: The selection criteria for the component securities emphasize a track record of at least ten consecutive years of dividend growth. This strategy not only seeks to provide income through dividends but also to capture the potential for price appreciation in companies that are committed to returning value to shareholders. By focusing on such companies, the fund aims to offer a compelling mix of income generation and long-term capital appreciation potential.