Solactive and Nissay Asset Management Expand Partnership with New Fund Tracking the Solactive United States Dividend Elite Index
In a higher US interest rate environment combined with geopolitical tensions and geoeconomic uncertainty, investments into companies with strong and stable balance sheets and proven profitability are an attractive alternative to some potentially riskier growth stocks. At the same time, the steady income stream offered by dividends provides investors with additional security and financial well-being. Against this backdrop, and after the successful launch of the Nissay-S series last month with the Nissay S US Equity 500 Index Fund, Nissay Asset Management has now launched the second fund of the series. The new Nissay S US Consecutive Increased Dividend Equity Index Fund tracks the Solactive United States Dividend Elite Index, which selects stable and growing dividend-paying stocks from the US market, including companies that have consistently increased dividends over the last 25 years.
The Solactive United States Dividend Elite Index is designed to offer investors exposure to equities that have a proven track record of maintaining stable and growing dividend payments across diverse segments and industries of the US economy. Compared to the current tech dominance of a market cap weighted US stock portfolio, the index overweights companies from sectors such as consumer staples, industrials, and materials, which have traditionally shown to be consistently profitable, and which have furthermore demonstrated the return of that profitability to investors in the form of dividends.
The Nissay S US Consecutive Increased Dividend Equity Index Fund was issued on 18 December 2023.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “This new fund offers investors the opportunity to access steady and growing income from the dynamic US market, representing a significant step toward financial resilience and growth in the face of evolving market uncertainty. We are thrilled to partner again with Nissay Asset Management to empower investors with innovative solutions that can navigate changing market conditions, and we look forward to further collaborations serving the Japanese investment community.”
Nissay Asset Management said: “We are delighted to announce our collaboration with Solactive, which allows us the opportunity to launch the second Nissay-S series index fund in Japan. We firmly believe that this particular fund will prove beneficial as an integral part of investors’ portfolio construction. Moving forward, we maintain our dedication towards the development of products that strongly support individual investors’ wealth creation.”