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First Trust International Multi-Asset Income ETF (YDIV) Hits The Street

By: ETFdb
Stocks are off to a shaky start this week as uncertainty over the looming Fed taper continues to take its toll on investors’ confidence. Adding to the clouds of uncertainty are mixed data releases; durable goods orders plunged a worrisome 7.3% in July while consumer confidence improved from last month’s reading, sending investors mixed signals about what the Fed’s next move might be. Amid the tug of war between the bulls and the bears, First Trust added the International Multi-Asset Diversified Income Index Fund to its lineup of dividend-focused strategies; the new ETF began trading on the NASDAQ on Friday, August 23rd, 2013 [see 101 High Yielding ETFs For Every Dividend Investor]. YDIV: The International Complement To MDIV The new ETF is the international version of First Trust’s recently launched Multi-Asset Diversified Income Index Fund . YDIV is linked to the NASDAQ International Multi-Asset Diversified Income Index , which is designed to offer exposure [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Plays To Heed Bill Gross’ Warnings What’s In My Multi-Asset ETF? Profiling 5 Total Portfolio ETFs Three “Dividend ETFs” That Go Beyond Stocks State Street Plans Active ETFs
Stocks are off to a shaky start this week as uncertainty over the looming Fed taper continues to take its toll on investors’ confidence. Adding to the clouds of uncertainty are mixed data releases; durable goods orders plunged a worrisome 7.3% in July while consumer confidence improved from last month’s reading, sending investors mixed signals about what the Fed’s next move might be. Amid the tug of war between the bulls and the bears, First Trust added the International Multi-Asset Diversified Income Index Fund to its lineup of dividend-focused strategies; the new ETF began trading on the NASDAQ on Friday, August 23rd, 2013 [see 101 High Yielding ETFs For Every Dividend Investor]. YDIV: The International Complement To MDIV The new ETF is the international version of First Trust’s recently launched Multi-Asset Diversified Income Index Fund . YDIV is linked to the NASDAQ International Multi-Asset Diversified Income Index , which is designed to offer exposure [...]

Click here to read the original article on ETFdb.com.

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