Dividend index usually uses dividend yield as the core index to screen constituent stocks. The dividend yield index is a typical value index, which reflects the relative level of cash dividend and stock price of listed companies. Therefore, Warburg Bonus Fund shows typical characteristics of value style.
Expansion: The S&P China A-share dividend opportunity index tracked by Warburg Dividend Fund inherits the compiling concept of S&P Dow Jones Index Company's dividend family series. Before selecting constituent stocks with dividend rate, several profit quality indicators are used to screen out substandard stocks, thus improving the fundamental quality of stock selection pool.