First Trust Global Equity Income UCITS ETF

Issuer: First Trust

Asset Class: Equity

TER: 60bps

Trading Currency: USD

Pays Income: False

Listing Date: 14 Jul 2025

Ticker: DINC

ISIN: IE00BD842Y21

This financial instrument offers a strategy centered on generating total return, with a distinct emphasis on dividend income. It is actively managed, meaning its portfolio is constructed based on the research and decisions of portfolio managers rather than tracking a predetermined index. The investment team scours the globe, including both developed and emerging markets, to build a diversified portfolio of dividend-paying equity securities. This global approach helps to mitigate country-specific risks and provides exposure to a wide array of economic environments and corporate opportunities, aiming to capture growth and income potential wherever it may be found.

The core of the selection process is a value-oriented philosophy. The managers seek to identify companies that they believe are undervalued by the market but possess sound financial strength and a consistent history of rewarding shareholders with dividends. This methodology aims to find robust businesses trading at a discount to their intrinsic worth, which could offer a margin of safety and the potential for capital appreciation as the market recognizes their true value. By focusing on established dividend-payers, the strategy is designed to provide a regular income stream to investors, which can be a valuable component for those seeking cash flow from their investments. The combination of a global mandate, active security selection, and a value-driven approach makes it a potential core holding for investors seeking both income and long-term growth from international equities.