What Is IIAE?
IIAE invests primarily in equity securities of 100 of the highest dividend yielding companies in developed markets across Europe, the Middle East, Africa, and the Asia Pacific that have followed a policy of maintaining or increasing dividends for at least 10 consecutive years in order to replicate the S&P International Developed Ex-North America & Korea Dividend Aristocrats Screened FMC Weighted Index. The index is a broad-based FMC-weighted index that is designed to measure the performance of companies in the S&P EPAC ex-Korea BMI Index (the "broader index") that meet certain environmental, social and governance (ESG) criteria, while maintaining similar overall industry weights as the broader index.
Set it, forget it, let compounding do the heavy lifting. 💪