Guinness Atkinson Dividend Builder ETF DIVS

This strategy, which includes the US exchange-traded fund, Guinness Atkinson Dividend Builder, the Ireland-based UCITS vehicle, and Guinness Global Equity Income, benefits from a long-tenured fund manager duo. They ably implement an equal-weighted approach to global equity income growth investing. We like the focus on high-quality companies with maintainable dividend growth prospects. The discipline that stems from a stern one-in, one-out policy is commendable. The equal-weighted high-conviction approach to portfolio construction and related valuation-based rebalancing mitigates some behavioral biases. We initiate coverage with People and Process ratings of Above Average.