WisdomTree Marks One-Year Anniversary of Germany-listed UCITS ETFs
Thursday 25th February '16
Leading provider of smart beta solutions continues to grow German platform
Frankfurt, Thursday 25 February 2016: WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor celebrates the one-year anniversary of the launch of its UCITS ETF platform in Germany. Launching 6 ETFs one year ago, WisdomTree now has 13 ETFs listed on the Deutsche Börse Xetra.
Over the last year, WisdomTree launched the first currency-hedged ETFs in Germany for investors looking to access Europe and Japan without the risk emerging from currency fluctuations. Unhedged versions are also available for German investors: WisdomTree European Equity UCITS ETF (WTDF); WisdomTree German Equity UCITS ETF (WTEZ); and WisdomTree Japan Equity UCITS ETF (WTIZ).
In Europe, WisdomTree continues to grow its platform, which now has a total of 22 UCITS ETFs listed across five exchanges and a net AUM of $793.7m (as at 31 January 2016) across its Boost and WisdomTree product ranges. The company offers a unique range of both currency hedged/unhedged, equity, equity income and small cap dividend ETFs using its own smart beta index methodology across GBP, EUR, CHF and USD share classes.
WisdomTree also continues to invest in its Boost Short & Leveraged ETP product range which is now at a total of 125 listed ETPs across Europe and 26 listed in Germany. Through its Boost product range, WisdomTree previously launched Germany’s first-ever 3x short and leveraged Bund ETPs and has followed this with a 5x short Bund ETP due to investor demand.
“As a country with the largest ETF market and a high level of ETF adoption amongst many inventor types, Germany is a key area of focus as we continue to build our platform in Europe,” said Hector McNeil, Co-CEO of WisdomTree Europe. “Germany is a bright spot in Europe and through products like the German export oriented family of ETFs, investors across Europe can easily and efficiently access the German equity markets while at the same time neutralising exposure to fluctuations of the value of the Euro relative to wide range of currencies we offer. We’ve seen strong inflows into this strategy in the last year – including the unhedged Germany Equity UCITS ETF for German investors
– a testament to the strength and export focus of the German economy.”
“It’s been a good year for WisdomTree in Germany,” said Head of Sales for WisdomTree Europe, Nizam Hamid. “The opportunity in the country means we’ve increased German sales coverage in the last year, adding to a sales team that already covers the UK, Italy, Netherlands, Switzerland, Belgium
– and most recently Sweden and Finland. German investors want innovative products that not only give exposure to specific equity markets but add value to the investment process. Additionally, we are also seeing increasing demand for risk management through our Boost products, which helps investors hedge their positions in today’s increasingly volatile markets.”
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 $52.4 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.
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