MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 10, 2013 ProShares Goes Aristocratic Alt ETF provider ProShares [profile] has launched the S&P 500 Aristocrats ETF (NYSE Arca: NOBL), which tracks the S&P 500 Dividend Aristocrats Index. According to ProShares, the index, since its inception in 2005, has outperformed the S&P 500 with less volatility. “Consistent dividend growth is considered an important indicator of a company’s financial strength,” stated Michael Sapir, chairman and chief executive of ProShare Advisors LLC, ProShares' investment advisor. “By that measure, the Aristocrats are the strongest of the strong in the S&P 500—the companies with the best track records of increasing dividends.” The full press release for the launch can be found here. Printed from: MFWire.com/story.asp?s=46384 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |