DFE/DFEE
WisdomTree Europe SmallCap Dividend UCITS ETF

The Fund seeks to track the price and yield performance, before fees and expenses of the  WisdomTree Europe SmallCap Dividend Index.

 


  • Overview
  • Holdings & Distributions
  • German Taxes
  • Index
  • Documents

 

  • As of 24 Jun 2016
Overview
Asset Class
Base CurrencyEUR
Inception Date21 Oct 2014
Exchange Ticker DFE/DFEE
Index NameWisdomTree Europe SmallCap Dividend Index
TER
Use of Income
Dividend FrequencySemi-Annually
NAV and AuM
Nav€14.34
Daily Change-1.23
Daily Return-8.61%
Total AUM of fund€45,085,689
Structure
Legal Form
Fund UmbrellaWisdomTree Issuer Plc
DomicileIreland
StructureOpen-ended Exchange Traded Fund
Replication Method
Financial Year End31 December
UCITSCompliant
Key Service Providers
CustodianState Street Custodial Services (Ireland) Limited
AdministratorState Street Fund Services (Ireland) Limited
Fund ManagerMellon Capital Management Corporation
Trustee State Street Custodial Services (Ireland) Limited
AuditorErnst & Young Ireland
Further Legal and Tax Information
ISAEligible
SIPPEligible
European Saving DirectiveOut of Scope
Registered Countries
  • Finland Finland
  • Germany Germany
  • Ireland Ireland
  • Italy Italy
  • Netherlands Netherlands
  • Sweden Sweden
  • Switzerland Switzerland
  • United Kingdom United Kingdom

Listings & Codes

Country Exchange Trading Currency Exchange Ticker Bloomberg Ticker RIC SEDOL ISIN WKN INAV Bloomberg INAV Reuters Listing Date
  London Stock Exchange EUR DFEE DFEE LN DFEE.L BSFX8M7 IE00BQZJC527 DFEEIV 11 Nov 14
  London Stock Exchange GBx DFE DFE LN DFE.L BQZJC63 IE00BQZJC527 DFEEIV 24 Oct 14
  Xetra EUR WTES WTES GY WTES.DE BVYQ7C1 DE000A14ND46 A14ND4 DFEEIV 26 Feb 15
  Borsa Italiana EUR DFE DFE IM DFE.MI BVCXL66 IE00BQZJC527 DFEEIV 20 Jan 15
  SIX CHF DFE DFE SW DFE.S BVYVC76 IE00BQZJC527 DFEEIV 10 Mar 15

Top Holdings

  • As of 24 Jun 2016
NameBloomberg TickerCountryWeight
1. Saras SpASRS IMIT1.87%
2. Euronav NVEURN BBBE1.79%
3. Cembra Money Bank AGCMBN SWCH1.07%
4. Neopost SANEO FPFR1.04%
5. Ratos ABRATOB SSSE0.93%
6. Tieto OyjTIE1V FHFI0.92%
7. Alstria Office REIT-AGAOX GRDE0.91%
8. GAM Holding AG.GAM SWCH0.90%
9. Modern Times Group ABMTGB SSSE0.90%
10. Aurelius AGAR4 GYDE0.86%

Country Allocation

  • As of 24 Jun 2016
CountryWeight
1. United Kingdom27.33%
2. Sweden15.10%
3. Italy11.95%
4. Germany7.57%
5. Finland6.20%
6. Netherlands4.87%
7. France4.13%
8. Switzerland4.10%
9. Norway3.99%
10. Spain3.23%
11. Belgium3.14%
12. Denmark2.63%
13. Portugal2.34%
14. Ireland1.87%
15. Austria1.54%

Sector Breakdown

  • As of 24 Jun 2016
NameWeight
1. Industrials26.46%
2. Financials20.69%
3. Consumer Discretionary16.62%
4. Information Technology9.39%
5. Materials7.20%
6. Energy6.99%
7. Consumer Staples6.17%
8. Utilities2.77%
9. Health Care2.70%
10. Telecommunication Services1.01%

Recent Distributions

  • As of 24 Jun 2016
Ex-Dividend DateRecord DatePayable DateOrdinary IncomeShort Term Capital GainsLong Term Capital GainsReturn of CapitalTotal Distribution
26/03/201527/03/201509/04/2015€0.04740€0.00000€0.00000€0.00000€0.04740
25/06/201526/06/201507/07/2015€0.28210€0.00000€0.00000€0.00000€0.28210
17/09/201518/09/201529/09/2015€0.06040€0.00000€0.00000€0.00000€0.06040
07/01/201608/01/201619/01/2016€0.04250€0.00000€0.00000€0.00000€0.04250
31/03/201601/04/201612/04/2016€0.02210€0.00000€0.00000€0.00000€0.02210

German Taxes

WM ID925Valuation DateIncome AktienIncome ZwishIncome IGAktiengewinn KStGAccum Deemed Distrib
1. 123 Jun 1616.24550014.0460
1. 122 Jun 1614.98320012.77580
1. 121 Jun 1614.91370012.70390

WisdomTree Europe SmallCap Dividend Index

The Index is governed by a published, rules-based methodology and is designed to measure the performance of European dividend paying small cap stocks. The Index is a fundamentally weighted index and is comprised of the small-capitalisation segment of the dividend paying European common stocks selected from the WisdomTree Dividend Index of Europe, Far East Asia and Australasia (the “WisdomTree DEFA Index”). The Index is created based on a defined percentage of the remaining market capitalisation of the companies from Europe within the WisdomTree DEFA Index, once the 300 largest companies by market capitalisation have been removed. Securities ranking in the bottom 25% of the remaining market capitalisation are selected for inclusion in the Index. To be deleted from the Index, companies must fall outside the bottom 30% of the total market capitalisation of securities after the 300 largest European companies are removed.

Eligibility requirements for the Index include: (i) incorporation and exchange listing in one of the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, or the United Kingdom (“Europe”); (ii) payment of at least $5million in cash dividends on common shares in the annual cycle prior to the annual Index screening date; (iii) market capitalisation of at least $100 million as of the Index screening date; (iv) average daily dollar volume of at least $100,000 for three months preceding the Index screening date; (v) a calculated volume factor (the average daily dollar volume for three months preceding the Index screening date divided by the weight of the security in the Index) that is greater than $200 million; and (vi) trading of at least 250,000 shares per month for each of the six months preceding the Index screening date. Securities are weighted in the Index based on dividends paid over the prior annual cycle. Companies that pay more total dollar amount of dividends are more heavily weighted. The maximum weight of any one sector and any one country in the Index, at the time of the Index’s annual screening date, is capped at 25%, subject to the following volume factor. In the event that a company has a calculated volume factor that is less than $400 million as of the annual Index screening date, (i) the company’s weight in the Index will be reduced such that its weight equals its weight prior to the adjustment multiplied by a fraction of its calculated volume factor divided by $400 million, and (ii) the reduction in the company’s Index weight may cause a sector’s and/or country’s weight to rise above 25%. In response to market conditions, sector and country weights may fluctuate above 25% between annual Index screening dates. While the Index is primarily designed to include small cap companies, it may also include large-capitalisation and mid-capitalisation companies from time to time. The Index is "reconstituted" on an annual basis.

During the annual reconstitution, securities are screened to determine whether they comply with WisdomTree Investment, Inc.'s (“WisdomTree”) proprietary Index methodology and are eligible to be included in the Index on the basis of the requirements outlined above. New securities are added to the Index only during the "annual reconstitution." The annual reconstitution takes place in June each year using the latest available closing prices on the last trading day in May. This date is the "Index measurement date". Based on this screening, securities that meet Index requirements are added to the Index and securities that do not meet such requirements are dropped from the Index. A "preliminary Index" is made publicly available based on this information by the Wednesday in the second week of June. The "Weighting Date" is the date when the final weights of each component security of the Index are established. The Weighting Date is the second Friday of June and the final weights are established after close of business on that day. The final Index constituents and their respective weightings are made publicly available after close of business on the second Friday of June and go into effect before the opening of trading on the first Monday following the third Friday of June.

In order to minimise any potential for conflicts caused by the fact that WisdomTree and its affiliates act as Index Provider and Promoter of the Company, WisdomTree has retained an unaffiliated third party to calculate the Index (the “Calculation Agent”). The Calculation Agent, using the applicable rules-based methodology, will calculate, maintain and disseminate the Index on a daily basis. WisdomTree will monitor the results produced by the Calculation Agent to help ensure that the Index is being calculated in accordance with the applicable rules-based methodology. In addition, WisdomTree has established policies and procedures designed to prevent non-public information about pending changes to the Index from being used or disseminated in an improper manner.

 


Index Details

Index ID Card
Index NameWisdomTree Europe SmallCap Dividend Index
CurrencyEUR
Index providerWisdomTree
Bloomberg TickerWTIDESTE Index
Documents and Links