EUG.NZ

The Smart Europe ESG ETF (EUG.NZ), listed on the New Zealand Exchange, does not currently pay dividends. This is not uncommon for ETFs, particularly those focused on growth sectors or specific investment themes like ESG (Environmental, Social, and Governance). Such funds often reinvest earnings to enhance the value of the underlying assets rather than distributing them as dividends. This approach aligns with the ETF's strategy to focus on long-term capital appreciation by investing in European companies that meet certain ESG criteria. While this may not appeal to income-focused investors seeking regular dividend payouts, the Smart Europe ESG ETF could still be attractive to those who prioritize sustainable investing and are looking for growth opportunities over the long term. Investors interested in aligning their portfolios with ethical and sustainable practices may find this ETF appealing, as it offers exposure to companies that are leaders in ESG practices across Europe.