AUE.NZ

Smart Australian ESG ET (AUE.NZ), listed on the NZX, does not currently pay dividends. This ETF is focused on investing in Australian companies that meet specific environmental, social, and governance (ESG) criteria. The absence of dividends is primarily due to its investment strategy, which emphasizes long-term growth and sustainability over immediate income distribution. Many companies within the ESG sector reinvest profits to enhance their sustainable practices and expand operations, aligning with the ETF's growth-focused objectives. For investors, particularly those with a long-term horizon or interest in ethical investing, AUE.NZ may still hold appeal. The ETF offers exposure to a diversified portfolio of companies committed to ESG principles, which can be attractive to those prioritizing responsible investment. While it may not suit income-focused investors seeking regular cash flow, its potential for capital appreciation and contribution to sustainable practices could be compelling for growth-oriented investors.