WisdomTree Celebrates First Anniversary of Listing in Switzerland
Thursday 10th March '16
Hector McNeil, Co-CEO
Zurich, 10 March 2016: WisdomTree, the award-winning1 exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor celebrates the one-year anniversary of the launch of its UCITS ETF platform in Switzerland. The company launched 6 ETFs on the SIX Swiss Exchange a year ago and now has a total of 20 ETF listings across a variety of currency hedged and unhedged; equity; equity income and small cap dividend ETF strategies.
With the launch of CHF share classes of its flagship global funds WisdomTree Japan Equity UCITS ETF (DXJ) and WisdomTree Europe Equity UCITS ETF (HEDJ) earlier this year, Swiss investors are now able to efficiently switch between both unhedged and USD, CHF, EUR and GBP share classes.
The company is currently the largest FX hedged ETF issuer in the world with $28.8bn AUM (as of 26 Feb 2016) and now has one of the most comprehensive currency hedged and smart beta offerings on the SIX platform. WisdomTree has a total of 22 UCITS ETFs (including share classes) listed across five exchanges and a net AUM of $807.3m (as at 31 January 2016) which includes both short & leveraged Boost and UCITS ETFs. Last week, WisdomTree marked its first year on the Deutsche Borse in Germany.
Viktor Nossek, Director of Research for WisdomTree Europe commented: “With QE and other unexpected ECB monetary policy decisions – like the decision to remove the SNB currency cap in early 2015 – currency hedged products like WisdomTree Europe Equity UCITS ETF – CHF Hedged (HEDD) and WisdomTree Germany Equity UCITS ETF – CHF Hedged (DXGD) offer the potential to give investors downside protection against the euro. These ETFs also have an export tilted equity basket; our research shows that the exporters tend to perform better when their home currencies weaken.”
“The Swiss ETF market is one of the largest in Europe with some of the most sophisticated investors in the world. They are increasingly incorporating ETFs into their portfolio strategies due to their structural benefits such as transparency and liquidity,“ said Hector McNeil, Co-CEO of WisdomTree Europe. “As a provider with a diversified offering of UCITS ETFs, we believe we are well positioned to service the requirements of this discerning client base in Switzerland.”
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Notes to Editors
About WisdomTree Europe Ltd.
WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe, including WisdomTree Europe Ltd based in London, is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. Through WisdomTree Europe Ltd, it sponsors WisdomTree UCITS ETFs and BOOST short and leverage ETPs. WisdomTree currently has approximately $52.6 billion (as of 31 December 2015) in assets under management globally. For more information, please visit www.wisdomtree.com.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
WisdomTree Europe Ltd is an appointed representative of Mirabella Financial Services LLP which is authorised and regulated by the Financial Conduct Authority.
The products discussed in this document are issued by WisdomTree Issuer PLC (the “Issuer”), an umbrella investment company with variable capital having segregated liability between its funds and organised under the laws of Ireland as a public limited company. The Issuer has been authorised by the Central Bank of Ireland (the “CBI”) as a UCITS pursuant to the European Communities (Undertaking for Collective Investment in Transferable Securities) Regulations, 2003 (as amended) and shall issue a separate class of shares ("Shares”) representing each fund.
The Shares are products involving a significant degree of risk and may not be suitable for all types of investor. Any decision to invest should be based on the information contained in the Prospectus. The price of any securities may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. Any historical performance included in this document may be based on back testing. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. However, back tested performance is purely hypothetical and is provided in this document solely for informational purposes. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance.
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