Die aktuelle wirtschaftliche Stimmung spricht für Dividendenaktien, basierend auf den jüngsten Gewinnprognosen, den Erwartungen der Analysten und dem allgemeinen Optimismus hinsichtlich einer anhaltenden wirtschaftlichen Erholung. Dieses Umfeld könnte eine Gelegenheit für europäische ETF-Anleger darstellen, zu Dividendenstrategien zurückzukehren, nachdem Momentum in anderen Erholungswerten zu beobachten war.
US-Aktienanleger hörten in dieser Gewinnsaison eine Reihe positiver Themen, die dazu beitrugen, die zukünftigen Schätzungen für Forward-Dividenden zu beeinflussen. Zu den wichtigsten Rückenwindfaktoren, die dafür sprechen, dass Anleger eine Erhöhung des Engagements in Dividendenwerten in Betracht ziehen sollten, gehören:
Während die Anlegerstimmung in Bezug auf Dividendenwerte positiver geworden ist, müssen die Anlegerzuflüsse noch mit der gleichen Geschwindigkeit folgen wie bei anderen Erholungspositionen, wie Size und Value. Wie Abbildung 1 (Figure 1) zeigt, haben europäische Smart-Beta-Anleger seit dem vierten Quartal des letzten Jahres Geld in Size- und Value-ETFs fließen lassen, als Nachrichten über den Einsatz von Impfstoffen die Kurse beeinflussten. Dividenden-ETFs haben noch keine ähnlichen Zuflüsse erlebt, aber wir können wahrscheinlich erwarten, dass die Anleger zu diesen Engagements zurückkehren, wenn die wirtschaftliche Erholung anhält.
Der S&P® High Yield Dividend Aristocrats Index ist eine stabile Dividendenstrategie, die Aktien auswählt, die ihre Dividende pro Aktie jedes Jahr in mindestens 20 aufeinanderfolgenden Jahren erhöht haben. Durch die Aufnahme von US-Dividenden-Aristokraten in ein Portfolio können Anleger das Engagement in Aktien erhöhen, die einen Anstieg der Dividendenrendite erwarten lassen. Darüber hinaus bietet die Strategie eine positive Qualitätsausrichtung, Flexibilität für Anleger, die eine sektorielle Diversifizierung und ein maximales Engagement im Renditefaktor anstreben.
Der Dividend Aristocrats Index verwendet einen relativ uneingeschränkten Ansatz für die Ausrichtung auf Qualitätserträge. Es gibt keine Einschränkungen in der Methodik zur Begrenzung des Sektoren- oder Faktorengagements. Dies ermöglicht der Strategie ein Höchstmaß an Flexibilität bei der Suche nach Qualitätserträgen, wo immer sie benötigt wird. Infolgedessen bietet der S&P® High Yield Dividend Aristocrats Index das stärkste Engagement in Renditefaktoren der wichtigsten Indizes, die von in Europa notierten ETFs abgebildet werden (siehe
Abbildung 2 / Figure 2).
Mit einem einfachen Trade können Anleger, die optimistisch sind, was die wirtschaftliche Dynamik hinter Dividendenaktien angeht und die ihr Portfolio um den Renditefaktor erweitern möchten, das gewünschte Engagement über den SPDR® S&P® U.S. Dividend Aristocrats UCITS ETF erreichen. Dieser Fonds ist sowohl in ungesicherten als auch in EUR-gesicherten Anteilsklassen erhältlich und bildet den S&P® High Yield Dividend Aristocrats Index ab, der nach der jährlichen Neugewichtung im letzten Monat einen indikativen Renditeaufschlag von 1,73%1 gegenüber dem S&P 500 bietet.
Um mehr über diese ETFs zu erfahren und die vollständige Performance-Historie zu sehen, folgen Sie bitte den untenstehenden Links:
Sources: Bloomberg Finance L.P., for the period 18-25 February 2021. Flows are as of date indicated and should not be relied upon as current thereafter. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.
1Quelle: State Street Global Advisors, FactSet per 1. Februar 2021
For professional clients use only.
For Investors in Austria:The offering of SPDR ETFs by the Company has been notified to the Financial Markets Authority (FMA) in accordance with section 139 of the Austrian Investment Funds Act. Prospective investors may obtain the current sales Prospectus, the articles of incorporation, the KIID as well as the latest annual and semi-annual report free of charge from State Street Global Advisors GmbH, Brienner Strasse 59, D-80333 Munich. T: +49 (0)89-55878-400. F+49 (0)89-55878-440.
Finland: The offering of funds by the Companies has been notified to the Financial Supervision Authority in accordance with Section 127 of the Act on Common Funds (29.1.1999/48) and by virtue of confirmation from the Financial Supervision Authority the Companies may publicly distribute their Shares in Finland. Certain information and documents that the Companies must publish in Ireland pursuant to applicable Irish law are translated into Finnish and are available for Finnish investors by contacting State Street Custodial Services (Ireland) Limited, 78 Sir John Rogerson’s Quay, Dublin 2, Ireland.
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Germany: The offering of SPDR ETFs by the Companies has been notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in accordance with section 312 of the German Investment Act. Prospective investors may obtain the current sales Prospectuses, the articles of incorporation, the KIIDs as well as the latest annual and semiannual report free of charge from State Street Global Advisors GmbH, Brienner Strasse 59, D-80333 Munich. T: +49 (0)89-55878-400.
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Norway: The offering of SPDR ETFs by the Companies has been notified to the Financial Supervisory Authority of Norway (Finanstilsynet) in accordance with applicable Norwegian Securities Funds legislation. By virtue of a confirmation letter from the Financial Supervisory Authority dated 28 March 2013 (16 October 2013 for umbrella II) the Companies may market and sell their shares in Norway.
Spain: State Street Global Advisors SPDR ETFs Europe I and II plc have been authorised for public distribution in Spain and are registered with the Spanish Securities Market Commission (Comisión Nacional del Mercado de Valores) under no.1244 and no.1242. Before investing, investors may obtain a copy of the Prospectus and Key Investor Information Documents, the Marketing Memoranda, the fund rules or instruments of incorporation as well as the annual and semi-annual reports of State Street Global Advisors SPDR ETFs Europe I and II plc from Cecabank, S.A. Alcalá 27, 28014 Madrid (Spain) who is the Spanish Representative, Paying Agent and distributor in Spain or at spdrs.com. The authorised Spanish distributor of State Street Global Advisors SPDR ETFs is available on the website of the Securities Market Commission (Comisión Nacional del Mercado de Valores).
For Investors in Switzerland
The collective investment schemes referred to herein are collective investment schemes under Irish law. Prospective investors may obtain the current sales prospectus, the articles of incorporation, the KIID as well as the latest annual and semi-annual reports free of charge from the Swiss Representative and Paying Agent, State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstr. 19, 8027 Zurich, as well as from the main distributor in Switzerland, State Street Global Advisors AG, Beethovenstrasse 19, 8027 Zurich. Before investing please read the prospectus and the KIID, copies of which can be obtained from the Swiss representative, or at spdrs.com.
United Kingdom: The Funds have been registered for distribution in the UK pursuant to the UK’s temporary permissions regime under regulation 62 of the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019. The Funds are directed at 'professional clients' in the UK (as defined in rules made under the Financial Services and Markets Act 2000) who are deemed both knowledgeable and experienced in matters relating to investments. The products and services to which this communication relates are only available to such persons and persons of any other description should not rely on this communication. Many of the protections provided by the UK regulatory system do not apply to the operation of the Funds, and compensation will not be available under the UK Financial Services Compensation Scheme.
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Exp. Date: 31/03/2022