USA.NZ

The Smart US ESG ETF, listed on the NZX under the ticker USA.NZ, does not pay dividends. This is typical for many exchange-traded funds (ETFs) that focus on environmental, social, and governance (ESG) criteria. These funds often prioritize reinvesting earnings to enhance the value of their holdings rather than distributing income to investors. This reinvestment strategy aligns with the growth-focused nature of ESG investing, where the emphasis is on long-term capital appreciation and sustainable business practices. For investors seeking regular income, this ETF may not be the ideal choice. However, it could still appeal to those who prioritize ethical investing and are willing to trade immediate income for the potential of higher returns over time. The focus on ESG criteria can also attract investors who believe that companies adhering to these principles may outperform in the long run due to their sustainable and responsible practices.