It is designed for institutional investors seeking capital appreciation and higher-than-average dividend yields.
Based on the same investment process employed by INTECH across all of its relative-volatility strategies, the new strategy aims to approximate the dividend yield of the MSCI World High Dividend Yield Index and to provide potential for excess returns. The portfolio includes stocks with above-average dividend yields that are both sustainable and persistent, and excludes stocks whose future dividends may be in jeopardy.
The firm also announced the launch of the INTECH Global Dividend Low Volatility strategy, focused on absolute rather than relative risk. A complement to INTECH’s existing suite of absolute-volatility strategies, this approach to a low-volatility strategy seeks to approximate the dividend yield of the MSCI World High Dividend Yield Index, while providing market-like returns net of fees with the potential to provide downside protection.