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Monday December 31, 2012
Top funds 2013: Dividend Achievers & US IPO
by Jim Lowell, editor Forbes ETF Advisor For 2013, I’d recommend the PowerShares International Dividend Achievers (PID). In addition, for more speculative investors, I'd recommend First Trust U.S. IPO (FPX), a unique ETF that focuses on Initial Public Offerings (IPOs). PowerShares International Dividend Achievers is one of my newsletters’ top-ranked international ETFs. It benches to the International Dividend Achievers Index, which invests in companies that have increased their annual dividend payout for five or more consecutive years. It began trading in September 2005 and has a market value of $740 million. The top three sectors are telecomm (18.3%), energy (16.4%), and financials (15.2%). The top five country representations are Canada (19.5%), UK (19.1%), US (13.6%), Chile (6.2%), and Spain (6.1%). The top ten holdings are Telefonica, Teekay LNG Partners, CorpBanca, AstraZeneca, Vale Sa, Canon, Shaw Communications, GlaxoSmithKline, Companhia de Bebidas, and Vodafone Group. Meanwhile, the First Trust U.S. IPO follows the IPOX-100 U.S. Index, which is made up of the 100 largest, best performing, most liquid U.S. initial public offerings (measuring the IPO’s performance during their first 1,000 trading days). IPOs get placed into the index on their 6th trading day and remain in the index for 1000 days. In my view, this is a hidden 2013 gem. It began trading in April 2006 and has a market value of merely $20 million – nobody knows about it. The top three sectors are information technology (30.5%), consumer discretionary (23.5%), and energy (20.9%). The top ten holdings are Visa, Facebook, GM, Kinder Morgan, Phillips 66, Marathon Petroleum, Dollar General, HCA Holdings, Mead Johnson Nutrition, and Delphi Automotive. Look at that list of names; unlike a purely speculative IPO stock, this ETF is an overlooked mix of mainly proven companies using the public market to raise funds – a capital idea. Learn more about this financial newsletter at Jim Lowell's Forbes ETF Advisor. Related articles 
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