Intelligent access to US yield
ETFS S&P 500 High Yield Low Volatility ETF (ASX code: ZYUS) is an exchange traded fund providing exposure to US equity yield via a selection of 50 low volatility, dividend paying stocks from the S&P 500 Index.
ZYUS aims to provide investors with a return that (before fees and expenses) tracks the performance of the S&P 500 Low Volatility High Dividend Index. It uses a full-replication strategy to track the index, meaning it holds all the shares that make up the index in proportion to their index weights.
This index is designed to provide exposure to 50 high yielding, low volatility stocks from the S&P 500, while meeting diversification and tradability requirements. Index constituents are weighted in proportion to their dividend yields.
Why consider ZYUS?
Simple, low-cost access to a selection of US dividend paying stocks.
Aims to achieve a yield above that of the S&P 500.
The low volatility screening used in the index historically has resulted in a more defensive sector allocation compared to the S&P 500.
Liquid and transparent.
Does ZYUS pay distributions?
ZYUS pays distributions on a quarterly basis.
What is the weighting and methodology?
The S&P 500 Low Volatility High Dividend Index first identifies the 75 highest yielding companies from the S&P 500, subject to a cap of 10 stocks per sector, and then removes the 25 most volatile. It then weights the 50 remaining companies according to dividend yield. Individual stocks are capped at 3% each and sector weights are capped at 25% of the portfolio to ensure diversification across stocks and sectors.
Do I need to complete US tax forms?
No W-8BEN tax forms are required when investing in ZYUS.
How can I use ZYUS in a portfolio?
ZYUS can be used as a core income exposure to high yielding US equities.
ZYUS can also be used to achieve a tactical tilt toward yield or defensive stocks, US equities or style factors such as low volatility.
|Date (NAV)||04 Aug 2020|
|Fund inception date||09 Jun 2015|
|Management Costs (% p.a.)||0.35|
|Maximum cost recoveries (% p.a.)||0.00|
|Legal Form||Managed Investment Scheme|
|Bloomberg Code||ZYUS AU Equity|
|Trading hours||10:00AM – 4:00PM|
|Issuer||ETFS Management (AUS) Limited|
|Custodian||JPMorgan Chase Bank N.A. (Sydney Branch)|
|Registrar||Computershare Investor Services Pty Limited|
|Benchmark||S&P 500 Low Volatility High Dividend Index|
|Provider||S&P Dow Jones Indices, LLC.|
|Announcement date||24 Jun 2020|
|Ex-date||30 Jun 2020|
|Record date||1 Jul 2020|
|Payment date||15 Jul 2020|
|Distribution per unit |
|12-month franking level||0.00%|
|Portfolio composition file - ETFS S&P 500 High Yield Low Volatility ETF||05 Aug 2020|
|ETFS Monthly Product Update ZYUS||09 Jul 2020|
|Factsheet ZYUS||08 Jul 2020|
|Condensed Financial Report - For the half-year ended 31 December 2019||11 Mar 2020|
|ETFS Product Disclosure Statement||02 Mar 2020|