SINGAPORE (Sept 7): Phillip Capital is highlighting ProShares S&P 500 Dividend Aristocrats ETF (NOBL) as a defensive addition to investor portfolios, given recent geopolitical events and global market volatility.

NOBL tracks an equal-weighted index of 50 S&P 500 that have increased their dividend payouts for 25 consecutive years or more, and covers both US and international markets. The exchange-traded fund (ETF) was incepted in 2013, and its index is rebalanced each January, April, July and October with an annual reconstitution during the January rebalance.

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