DALLAS—Alerian, a leading independent index provider focused on building index-based investment strategies, announced July 22 that one of its dividend-weighted indexes, the Alerian Midstream Energy Dividend Index (AEDW), has been selected for a European UCITS ETF on the HANetf white-label platform.
Benchmarked to the Alerian Midstream Energy Dividend Index (AEDW), the Alerian Midstream Energy Dividend UCITS ETF (MMLP), will serve a European investor base focused on dividend strategy and income generation with potential for enhanced performance and risk-adjusted returns. The Irish-domiciled ETF will be listed on the London Stock Exchange later this month.
“The launch of MMLP demonstrates European investors’ interest in exposure to North American midstream energy infrastructure,” said David LaValle, CEO at Alerian. “We are excited about our partnership with HANetf and our joint innovation to answer investors’ call for yield and income,” noted LaValle.
“The Alerian Midstream Energy Dividend UCITS ETF (MMLP) is the first and currently only UCITS ETF that embeds the expertise, coverage and classification of the world leader in the energy infrastructure sector. We are excited to partner with Alerian to bring MMLP to European investors who are in need of more high-yielding and stable income streams,” said Hector McNeil, co-CEO of HANetf.
AEDW is a fundamentally weighted index based on the liquid, dividend-paying portion of the North American energy infrastructure market. The capped, dividend-weighted index reflects the proportionate share of aggregate annual cash distributions each company is expected to pay.
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