Not Registered? Register Now.

1. My Profile >2. Additional Information

By submitting below you certify that you have read and agree to our privacy policy.

PRESS ROOM

WisdomTree Launches ETF Platform in Switzerland with Six UCITS Smart Beta ETFs on the SIX Swiss Exchange

Tuesday 10th March '15

Hector McNeil, Co-CEO

Leading Provider of Smart Beta ETFs Lists Six Dividend-Weighted Funds
  • WisdomTree Europe Equity Income UCITS ETF - EEI
  • WisdomTree Europe SmallCap Dividend UCITS ETF - DFE
  • WisdomTree US Equity Income UCITS ETF - DHS
  • WisdomTree US SmallCap Dividend UCITS ETF - DESE
  • WisdomTree Emerging Markets Equity Income UCITS ETF - DEM 
  • WisdomTree Emerging Markets SmallCap Dividend UCITS ETF - DGSE

Zurich, 10 March 2015: WisdomTree, an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, and pioneer of dividend-weighted smart beta ETFs, today announced the launch of its European UCITS ETF platform in Switzerland, with six funds listed on the SIX Swiss Exchange. Due to increasing global demand for ‘smart beta’ exposure, WisdomTree is proud to launch its six ETFs providing exposure to large and small-cap European, U.S. and, Emerging Markets equities.

WisdomTree’s six new ETFs are:



The establishment of WisdomTree’s European business marks a number of firsts for the European ETF industry. WisdomTree is Europe’s first ETF provider focussed on dividend-weighted smart beta ETFs and Europe’s first issuer of dividend-weighted small-cap smart beta ETFs.

WisdomTree’s UCITS ETFs started trading on the London Stock Exchange in October 2014, Borsa Italiana in January 2015 , Deutsche Börse Xetra platform in February 2015, and will now start trading on the SIX Swiss Exchange from today, 10 March 2015. They will initially be traded in CHF. The ETFs are Irish-domiciled and physically replicated, with the underlying shares being held with State Street, a global leading custodian and administrator. One of the world’s leading ETF market makers, KCG Europe, will act as lead market maker for the products.

Jonathan Steinberg, CEO and President of WisdomTree Investments, Inc. said:

“WisdomTree is a proven ETF innovator and a passionate ETF industry advocate. We are excited to bring our unique ETF focus and experience to this important market, where we seek to offer differentiated investment solutions backed by a veteran management team.”

Hector McNeil, Co-CEO of WisdomTree Europe commented:

“We are extremely proud and excited to be launching WisdomTree’s first Smart Beta UCITS ETFs on the SIX Swiss Exchange. WisdomTree is founded on well-built indices, insightful research and a track record of innovation. WisdomTree ETFs are unique, tracking broad indices with multi-year track records. Swiss investors are leading the charge on the adoption of ETPs as the investment product of choice and we believe we will enjoy the success in this market with the listing of these WisdomTree UCITS ETFs. We have ambitions to be the leading provider of smart beta ETFs to Swiss investors”.

WisdomTree ‘Smart Beta’ Dividend Indices

The six funds track proprietary WisdomTree indices with multi-year track records. The indices are designed to be an alternative to market capitalisation-weighted indices, which weight stocks on price alone. We believe the major flaw with market capitalisation weighted indices is that as stocks increase in price, their weight in the index increases and vice versa, as stocks decrease in price, their weight in the index decreases. As a result, an index whose weights are based on market capitalisation may overweight overvalued stocks and underweight undervalued stocks.

WisdomTree pioneered indices weighted by the Dividend Stream® - defined as the sum total of regular dividends paid in a particular index. Historically, dividends have provided a majority of the stock market’s real return over time and unlike other factors, dividends are an objective measure which are not affected by accounting treatments. Dividends are a major factor in determining stock price and a useful measure in determining company profitability and value, rather than stock price alone. In today’s low-yield world, a dividend-weighted ETF may increase the portfolio’s trailing 12-month dividend yield and provide extra income. Each ETF seeks to distribute dividends on a quarterly basis.

Additionally, WisdomTree’s dividend indices offer a number of potential benefits: founded on experience and transparency, many of the indices have live track records since 2006 or 2007, broad exposure to companies in the index, and access to a different weighting methodology which brings potential diversification benefits to a portfolio when held alongside market cap-weighted assets, by potentially reducing risk, increasing returns, or both.

WisdomTree acquisition of BOOST ETP

WisdomTree Europe was established in April 2014 upon the acquisition of BOOST ETP. In addition to UCITS ETFs under the WisdomTree brand, WisdomTree Europe will continue to manage and grow the BOOST ETP line up of predominately 3x short and 3x leveraged fully collateralised ETPs under the BOOST ETP brand. BOOST ETPs were first launched on the London Stock Exchange in December 2012 and currently are listed on the LSE, Borsa Italiana, and Deutsche Börse Xetra platform.

Built on a Compelling Track-Record

A smart beta innovator, WisdomTree pioneered the concepts of fundamentally weighted ETFs and active ETFs and is currently an industry leader in both categories. WisdomTree launched its first funds in 2006 and is currently the fifth largest ETF provider in the US with approx. $51.2 billion (as of 06 March 2015) in AUM. Globally, WisdomTree is currently the eighth largest ETP provider with strategies spanning a wide range of asset classes and countries around the world. WisdomTree is the only independent, publicly traded asset manager focused exclusively on the ETP market. WisdomTree is headquartered in New York and its common stock is listed on the Nasdaq Global Select Market (symbol: WETF). WisdomTree approaches Europe with the same core focus: bringing innovation and differentiated investment solutions to the ETF market.

1) Source: WisdomTree, Bloomberg, as of 31 December 2014. Dividend yields are based on last 12 months for all six of the underlying indices. 
2) Source: Professor Robert Shiller, with data as of 30/9/2014.

END

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 $51.2 billion (as of 06 March 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.

Investment objective of WisdomTree’s six new ETFs:

The WisdomTree Europe Equity Income UCITS ETF tracks the WisdomTree Europe Equity Income Index. The index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree DEFA Index. At the index measurement date, companies within the WisdomTree DEFA Index that are listed on one of the major stock exchanges in Europe with market capitalizations of at least $200 million and that meet additional liquidity requirements are ranked by dividend yield. Securities ranking in the highest 30% by dividend yield are selected for inclusion. Companies are weighted in the index based on annual cash dividends paid.

The WisdomTree Europe SmallCap Dividend UCITS ETF tracks the WisdomTree Europe SmallCap Dividend Index. The index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market. The index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree Europe Dividend Index after the 300 largest companies have been removed. Companies are weighted in the index based on annual cash dividends paid. This index was established on 31 May, 2006.

The WisdomTree US Equity Income UCITS ETF tracks the WisdomTree US Equity Income Index. The index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree US Dividend Index. At the index measurement date, companies within the WisdomTree US Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield. Securities ranking in the highest 30% by dividend yield are selected for inclusion. The index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share. This index was established on 31 May, 2006.

The WisdomTree US SmallCap Dividend UCITS ETF tracks the WisdomTree US SmallCap Dividend Index. The index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the US dividend-paying market. The index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree US Dividend Index after the 300 largest companies have been removed. The index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share. This index was established on 31 May, 2006.
The WisdomTree Emerging Markets Equity Income UCITS ETF tracks the WisdomTree Emerging Markets Equity Income Index, a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield. Securities ranking in the highest 30% by dividend yield are selected for inclusion. Companies are weighted in the Index based on annual cash dividends paid. This index was established on 1 June, 2007.

The WisdomTree Emerging Markets SmallCap Dividend UCITS ETF tracks the WisdomTree Emerging Markets SmallCap Dividend Index, a fundamentally weighted index that measures the performance of primarily small cap stocks selected from the WisdomTree Emerging Markets Dividend Index. Companies included in the Index fall within the bottom 10% of total market capitalisation of the WisdomTree Emerging Markets Dividend Index as of the annual index measurement date. Companies are weighted in the Index based on annual cash dividends paid. This index was established on 1 August, 2007.

Disclaimer

This document is issued by WisdomTree Europe Ltd (“WTE”) an appointed representative of Mirabella Financial Services LLP, which is authorised and regulated by the United Kingdom Financial Conduct Authority (“FCA”). The products discussed in this document are issued by WisdomTree Issuer PLC (“Issuer”), an umbrella investment company with variable capital having segregated liability between its funds organised under the laws of Ireland as a public limited company and authorised by the Central Bank of Ireland (“CBI”). The Issuer is organised as an Undertaking for Collective Investment in Transferable Securities (“UCITS”) under the laws of Ireland and shall issue a separate class of shares ("Shares”) representing each fund. Investors should read the prospectus of the Issuer ( “Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares. Any decision to invest should be based on the information contained in the Prospectus. This product may not be available or suitable for you. This document does not constitute investment advice nor an offer for sale nor a solicitation of an offer to buy Shares. This document should not be used as the basis for any investment decision. This marketing information is intended for professional clients & sophisticated investors (as defined in the glossary of the FCA Handbook) only.

The price of any Shares 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. 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. The value of the Shares may be affected by exchange rate movements.

This document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of shares in the United States or any province or territory thereof, where none of the Issuer or the Shares are authorised or registered for distribution and where no prospectus of the Issuer has been filed with any securities commission or regulatory authority. Neither this document nor any copy hereof should be taken, transmitted or distributed (directly or indirectly) into the United States. Neither the Issuer nor any securities issued by it have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes