VIGI - VIGI: Appealing Sector Mix But Weak Yield
- VIGI's investment mandate is to track the modified-market-cap-weighted NASDAQ International Dividend Achievers Select Index.
- Stocks from 44 developed and EM countries that have increased their regular annual dividend for at least seven consecutive years are eligible for the benchmark.
- Swiss equities are VIGI's key investment, with an over 17% share of the NAV. It is also overweight in Japanese (15.7%) and Indian (12.8%) stocks.
- In terms of sectors, the fund favors tech that sports a 17.7% weight, followed by healthcare (marginally above 17%), and consumer defensive (14%).
- I like VIGI's sector mix, but its distribution yield is too low.
For further details see:
VIGI: Appealing Sector Mix But Weak Yield