The Vident International Equity Fund (VIDI) is an exchange-traded fund (ETF) that tracks the Vident International Equity Index. This index is designed to measure the performance of companies in developed and emerging markets, with an emphasis on dividend income and financial stability.
The VIDI ETF is managed by Vident Investment Advisory LLC, and was launched in 2014. As of February 2023, the fund has over $750 million in assets under management and charges an expense ratio of 0.59%.
The VIDI ETF invests primarily in stocks of companies that meet specific financial metrics related to cash flow, dividend yield, and financial strength. The fund's investment strategy emphasizes a value-oriented approach to investing, and seeks to provide investors with exposure to companies with sustainable dividend income and lower volatility.
The VIDI ETF's portfolio is well-diversified, with exposure to a range of sectors and industries. As of February 2023, the fund's largest holdings include Nestle SA, Samsung Electronics Co Ltd, and Royal Dutch Shell Plc.
Investors in the VIDI ETF should be aware that its emphasis on dividend income and value investing may result in lower returns during periods of market growth or high volatility. However, its focus on financial stability and dividend income may provide a measure of downside protection during market downturns. As with any investment, investors should carefully consider their investment objectives and risk tolerance before investing in the VIDI ETF or any other investment vehicle.
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