Leading Provider of Smart Beta ETFs Registers Six Dividend-Weighted Funds include Europe’s first small-cap dividend-weighted equity ETF….
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Mark Kiesel, PIMCO CIO-Credit
Europe’s first issuer of dividend-weighted European small-cap ETF
Europe’s first emerging markets small-cap dividend-weighted ETF
WisdomTree, an exchange-traded fund and exchange-traded product sponsor, and pioneer of dividend-weighted ETFs, today announced that six of its European ETFs have been registered with Consob, Italy’s securities market regulator.
WisdomTree is Europe’s first ETF provider focussed on dividend-weighted ETFs. The ETFs are ‘smart beta’ strategies that provide alternatives to investing on a traditional market dividend weighted basis.
Hector McNeil, Co-CEO of WisdomTree Europe commented:
“We are extremely proud to be launching WisdomTree’s first UCITS ETFs in Europe. WisdomTree is founded on well-built indices, insightful research and a track record of innovation. In addition to BOOST ETPs, which provide investors with a unique product set to hedge portfolios or enhance returns, WisdomTree ETFs are unique, tracking broad indices, with most backed by live track records of more than eight years. We are extremely proud to expand WisdomTree’s platform of UCITS ETFs with two new ETFs providing exposure to emerging market small caps and emerging market equity income. WisdomTree’s dividend-weighted Smart Beta ETFs now cover the three major regions of Europe, the US and Emerging Markets. Over the long-term, dividend-weighted indices have the potential to improve risk-adjusted returns.”
WisdomTree’s six new ETFs are:
Fund Name | LSE ticker | TER (p.a.) | Index dividend yield[1] |
WisdomTree Europe Equity Income UCITS ETF | EEI | 0.29% | 5.7% |
WisdomTree Europe SmallCap Dividend UCITS ETF | DFE | 0.38% | 3.9% |
WisdomTree US Equity Income UCITS ETF | DHS | 0.29% | 3.6% |
WisdomTree US SmallCap Dividend UCITS ETF | DESE | 0.38% | 3.6% |
WisdomTree Emerging Markets Equity Income UCITS ETF | DEM | 0.46% | 5.5% |
WisdomTree Emerging Markets SmallCap Dividend UCITS ETF | DGSE | 0.54% | 4.1% |
[1] Source: WisdomTree, Bloomberg, as of 30 September 2014. Dividend yields are based on last 12 months for all four of the underlying indices.
The ETFs are Irish-domiciled and physically replicated, with underlying shares held with State Street, a global leading custodian and administrator. One of the world’s leading ETF market makers, KCG Europe, will act as market maker for the products.
Source: ETFWorld.co.uk
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