Global Income Leaders ETF (ASX: INCM)
BetaShares has launched an international equity income fund, called the Global Income Leaders ETF (ASX: INCM). The fund invests in a diversified portfolio of 100 global companies (ex-Australia) that generate attractive and persistent income.
“Most Australian investors understand that investing in global markets is a great way to diversify portfolios ... However, investors who desire such international diversification typically find that they generally have to accept a lower level of income when investing in global shares," BetaShares chief executive officer, Alex Vynokur, said.
The Global Income Leaders ETF has therefore been designed to meet the challenge of providing greater diversification with better levels of income.
It will track the Nasdaq Global Income Leaders Index and has a management cost of 0.45 per cent. It will make distributions quarterly.