ITS adds new Single Stock ETFs on dividend stocks of five tech giants

ITS adds new Single Stock ETFs on dividend stocks of five tech giants

International Trading Systems Posted

The international trading platform ITS on November 6 offered investors access to five new Single Stock ETFs linked to the shares of the world's largest technology companies. These instruments allow investors to purchase fractional shares and receive dividends even with minimal investment.

The Single Stock ETFs are managed by IPS Capital, a company registered in the jurisdiction of the Astana International Financial Centre (AIFC). All transactions are denominated in U.S. dollars, and investment income is exempt from personal income tax in Kazakhstan. "The new instruments on ITS, together with the ITSW and ITSS index funds and the previously launched non-dividend Single Stock ETFs, significantly expand opportunities for retail investors.

Even with $100 in an account, investors can build a diversified portfolio, adjust the share of the world's most popular 'Magnificent Seven' U.S. stocks as they wish, and receive dividends on these securities," said Alexander Diakovsky, Managing Director of ITS.

Starting November 6, the following new Single Stock ETFs became available on ITS:

• Apple (AAPL/100) - one of the world's largest electronics and software producer known for consistent dividend payments
• Microsoft (MSFT/100) - a leading provider of software and cloud solutions with a regular dividend record
• Nvidia (NVDA/100) - a global leader in graphics processors and AI technologies
• Alphabet (GOOG/100) - a global leader in internet search, digital advertising and AI innovation
• Meta Platforms (META/100) - a major social media and virtual reality company that began paying dividends in 2024

These new ETFs complement ITS's existing range of seven Single Stock ETFs based on Amazon, Tesla, Netflix, AMD, MicroStrategy, Coinbase and Freedom Holding. "We will continue to expand the ETF lineup on ITS, allowing investors to build balanced portfolios and implement a wide range of investment strategies," said Alexander Diakovsky.

A Single Stock ETF allows investors to receive dividends in proportion to their fractional ownership of the underlying shares, excluding fractional cents. For example, if a company pays $5.75 per share in dividends, the holder of one ETF with a 1:100 ratio would receive $0.05.

With this new instrument, dividend investing becomes accessible even with a small budget - one-hundredth of an Apple share costs about $2.60 and Microsoft about $5.20.

Among the new ETFs, Apple and Microsoft are known for their long-standing dividend history, while Meta Platforms began paying dividends in 2024. Nvidia, a leader in artificial intelligence, pays smaller dividends but attracts investors with strong growth potential.

Trading hours for Single Stock ETFs on ITS extend up to 18 hours a day, from 10:00 to 03:45 Astana time. Access is provided through brokers connected to ITS, with no minimum investment amount, making the instruments convenient for both novice investors and experienced traders seeking portfolio diversification.

Investors are reminded that ETFs on individual shares carry market risks. Their value may rise or fall depending on the performance of the underlying share. Past performance does not guarantee future results. Investors are advised to review the fund documents and carefully assess potential risks before investing.

Read more - https://itsx.kz/news/fa4f353d-1ecd-47e9-b69b-c3ef562ae72a/