VanEck today announced that it is in the final stages of preparations to launch two new ETFs on ASX:
1. VanEck Vectors FTSE Global Infrastructure (Hedged) ETF (ASX code: IFRA)
2. VanEck Vectors S&P/ASX Franked Dividend ETF (ASX code: FDIV)
The VanEck Vectors FTSE Global Infrastructure (Hedged) ETF will be the first Australian ETF to give investors access to global infrastructure securities. The ETF will track the FTSE Developed Core Infrastructure 50/50 Index (Hedged AUD), a diversified global infrastructure index. It is the infrastructure benchmark commonly used by industry professionals such as asset consultants and fund managers.
The VanEck Vectors S&P/ASX Franked Dividend ETF 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% franked dividends in the past two years and have sustainable dividend policies. FDIV will seek to track the S&P/ASX Franked Dividend Index which S&P Dow Jones Indices has developed in consultation with VanEck.
Arian Neiron, Managing Director, VanEck Australia, said: “We are delighted to shortly be launching these two first of their 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.
“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. We are excited to be the first to give Australian investors the opportunity to access a portfolio of global infrastructure securities via a single trade on ASX.
“FDIV will be the only passive investment strategy that only includes Australian companies that have paid dividends with 100% franking credits. Australian investors have a love affair with franking credits particularly those who have a zero tax rate. There is nothing more gratifying than receiving a cheque from the Australian Tax Office,” Mr Neiron said.
| Fund | ASX code | Features | Management Cost |
| VanEck Vectors FTSE Global Infrastructure (Hedged) ETF | IFRA | – The first global infrastructure ETF on ASX
– Aims to provide investment returns that replicate the performance of the FTSE Developed Core Infrastructure 50/50 Hedged into AUD Index
– The index sector allocations are as follows: • 50% Utilities • 30% Transport • 20% Other • Individual company exposure is capped at 5% • All the benefits of ETFs including: – Simple trading on the ASX – Liquid – Transparent daily holdings – Cost effectiveness |
0.52% p.a. |
| VanEck Vectors S&P/ASX Franked Dividend ETF | FDIV | • The first Australian equity income ETF to only include companies that have paid out 100% franked dividends
• Aims to provide investment returns that replicate the performance of the S&P/ASX Franked Dividend Index (before management costs) • The Index comprises 30 companies within the S&P/ASX 200 that have paid out 100% franked dividends in the past two years while also maintaining dividend policies that are deemed sustainable • The weight of each industry sector is capped at 40% and the weight of any individual company is capped at 10% • All the benefits of ETFs including: – Simple trading on the ASX – Liquid – Transparent daily holdings – Cost effectiveness |
0.35% p.a. |
