Van Eck Australia has announced it is in the final stages of preparations to launch two new ETFs on the ASX: the Vectors FTSE Global Infrastructure (Hedged) ETF (IFRA) and the Vectors S&P Franked Dividend ETF (FDIV).
According to a statement, IFRA will be the first Australian ETF to give investors access to global infrastructure securities.
Van Eck said FDIV will also be an Australian first as it will be the only ETF to include companies within the S&P/ASX 200 that have paid out 100 per cent franked dividends in the past two years and have sustainable dividend policies.
Van Eck Australia managing director Arian Neiron said the company is delighted to be launching these two 'first of its kind' ETFs.
"The new ETFs have been created in response to increasing demand from Australian advisers and investors for greater choice, flexibility, transparency and cost-effectiveness when investing," he said.
"IFRA meets the increasing demand for global infrastructure as investors continue to be attracted to its stable income and low correlation to traditional asset classes.
"FDIV will be the only passive investment strategy that only includes Australian companies that have paid dividends with 100 per cent franking credits."
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