Despite a positive performance standing at +1,83%, ETFs seeking to replicate European high dividend stocks indices experienced another surge of outflows on yesterday’s market session with investors having redeemed -$46,62M from the segment. This is the fourth consecutive session with outflows. As a result of the virus crisis and its damages on specific sectors of the economy, the majority of European companies have been ditching or postponing dividends. The EU also ruled that bailed out companies could not pay dividends. Over the last 30 days, investors redeemed -$199M from the segment. Year-to-date, ETFs are still down 27,76%. 32 ETFs tracking 21 indices are included in the segment for a total of $6Bn of assets under management.