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NOBL ProShares launches new dividend growth ETF The S&P 500 Aristocrats ETF (NOBL) launched today - the fund homepage outlines the fund strategy of holding only S&P 500 companies that have increased their dividends consistently over the past 25 years.To differentiate from current sector leader, SDY, (both have expense ratios of .35%) NOBL places an importance on equal weighting and not allowing any one sector to occupy more than 30% of the fund. NOBL http://www.proshares.com/funds/nobl.html
Infrastructure was supposed to be the big play in 2006-07, then 2008 happened. My observation is that, unlike health care, materials, tech, and a few others, infrastructure is just too narrow a sleeve. I would avoid this specific sector, in favor of a broader one like materials or even building & construction. Any success in this sector will have to include the big players in both of those arenas. Outside of them, the other companies are pretty small pickings.
I think anything revolves around energy infrastructure/transport is still a good long-term story; other infrastructure sectors are probably okay and pay a nice dividend but I don't see a long-term theme as much as energy infrastructure.
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NOBL
ProShares launches new dividend growth ETF
The S&P 500 Aristocrats ETF (NOBL) launched today - the fund homepage outlines the fund strategy of holding only S&P 500 companies that have increased their dividends consistently over the past 25 years.To differentiate from current sector leader, SDY, (both have expense ratios of .35%) NOBL places an importance on equal weighting and not allowing any one sector to occupy more than 30% of the fund.
NOBL
http://www.proshares.com/funds/nobl.html