Another Multi-Asset Income ETF hits the market

Kenster1_GlobalValue

First Trust Multi-Asset Diversified Income Index Fund (MDIV)

It includes Dividend-paying stocks, MLPs, REITs, Preferreds and High-Yield Bonds...and will be rebalanced quarterly.

http://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=MDIV

http://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=2aee584b-71a1-4786-8ed2-41e3a5630e4e

Charles

Thanks Kenster1. What other ETFs are similar?

scott

HGI and CVY from Guggenheim.

AndyJ

Also, IYLD is a formulaic diversified income ETF.

Charles

Thanks scott, AndyJ. IYLD seems safe and sweet. HGI a little scary. CVY a nice moderate allocation. In reviewing these, along with MDIV, I also discovered INKM. Perhaps the new shape of allocation investing? In any case, will be following all these. Very much appreciate.

Kenster1_GlobalValue

Also - MDIV adds the following criteria:

"The Fund’s underlying index includes volatility screens designed to limit securities that have high yields strictly due to poor price performance..."

Another multi-asset ETF similar to MDIV is GYLD (Arrow Dow Jones Global Yield ETF)

http://www.arrowshares.com/default.aspx?act=fund.aspx&productID=1

http://www.arrowshares.com/files/PFS00000/001b.pdf