I understand ETFs are a pool of investment securities, often tracking the index, however what's your strategy with ETFs? Keen to know your why?Are you in IOZ purely for the dividends or a mixture of both distributions and SP movement?My understanding is dividends were paid out at approx 7.7% this year, this this correct?Do ETFs have an ex-dividend date or is it too complex due to the amount of stocks paying divies at different stages? Is dividend capture strategy possible with ETFs?
IOZ Price at posting:
$22.43 Sentiment: None Disclosure: Not Held