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Four new exchange-listed index funds issued by WisdomTree have been tradable on Xetra and Börse Frankfurt since Thursday.
These new WisdomTree smart beta ETFs enable investors to participate in the performance of high-dividend stock corporations with sufficient liquidity and market capitalisation. The stock corporations in the reference indices are weighted according to dividend amount, with those paying a higher dividend weighted heavier. No single security may account for more than 5 percent in the reference index, with the limit for sectors and countries set at 25 percent.
The new ETFs provide investors with access to the emerging markets region, Europe and the USA. Income such as dividend payments will be reinvested.
The WisdomTree Emerging Markets Equity Income UCITS ETF comprises the top 30 per cent of high-dividend companies domiciled in Brazil, Chile, China, the Czech Republic, Hungary, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.
The WisdomTree Europe SmallCap Dividend UCITS ETF tracks the performance of high-dividend small cap stock corporations domiciled in Europe which are among the lowest 25 per cent of companies in terms of market capitalisation; the 300 largest companies are excluded.
The WisdomTree US Equity Income UCITS ETF invests in US stock corporations with high dividend yields, providing investors additionally with a currency-hedged unit class to hedge against fluctuations in the US dollar against the euro.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,148 exchange traded funds. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe’s leading trading venue for ETFs.
