ESG.NZ

The Smart Global ESG ETF, listed on the NZX under the ticker ESG.NZ, does not currently pay dividends. This is not uncommon for ETFs focused on environmental, social, and governance (ESG) criteria, as they often prioritize reinvestment into sustainable and ethical companies rather than distributing income to shareholders. This reinvestment strategy aligns with the ETF's goal of fostering long-term growth and supporting companies that adhere to ESG principles. While the lack of dividends might not appeal to income-focused investors or those seeking regular payouts, ESG.NZ can still be attractive to growth-focused investors who are interested in the potential for capital appreciation over time. Additionally, investing in ESG-focused funds can provide investors with the satisfaction of contributing to positive environmental and social outcomes. For those willing to forgo immediate income, ESG.NZ offers exposure to a diversified portfolio of companies committed to sustainable practices.