Rhea-AI Summary
Logan Capital has launched its second exchange-traded fund, the Logan Capital International Dividend ETF (NYSE: LCIV), offering actively managed international equity exposure.
The fund emulates the firm's International Dividend separately managed account strategy, managed continuously since 2005, and seeks income and capital appreciation. It identifies 35-45 U.S.-traded securities of non-U.S. companies with high dividend yields, primarily in developed markets, across 7-11 sectors and 10 or more countries, with minimal emerging-market exposure. The launch follows Logan Capital's Large Cap Growth ETF (NYSE: LCLG), introduced in 2022.
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