WisdomTree FTSE MIB Banks
The GBx trading line of the WisdomTree FTSE MIB Banks will be delisted from the London Stock Exchange, Exchange Ticker: ITBL with effect from 24 March 2020, and therefore the last opportunity to trade on London Stock Exchange will be prior to close of business on 23 March 2020. The remaining trading line of the WisdomTree FTSE MIB Banks, Exchange ticker: ITBL will continue to trade after this date.
On or before 23 March 2020, we recommend investors contact their broker, financial advisor or investment intermediary to arrange one of the following action:
(1) to convert their securities from the delisted trading line into a remaining currency trading line up to the last trading day or
(2) to sell their securities in the delisted trading line before or up to the last trading day and if investors wish to maintain their exposure to the security, they may purchase a remaining trading line of this security.
For more information please see the FAQ here.
ETP RISK WARNING
The Boost Issuer Plc exchange traded products (ETPs) are only intended for investors who understand the associated risks. The short and/or leveraged products involve numerous risks including general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETPs, exchange rate and interest risks, and for our Delta One products, swap counterparty risk. You should consult an investment adviser who can help determine whether or not the products are suitable for you.
The price of any Shares or the value of an investment in ETPs 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. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.
|Bloomberg Ticker||ITBL IM|
|Index Bloomberg Ticker||FMIBBN|
|Index Name||FTSE MIB Banks 15% Capped Net Tax Index|
|Physical Assets||Yes (Collateral)|
|Replication Method||Fully Collaterised Swap|
|Further Legal and Tax Information|
|UK Fund Reporting Status||Yes|
|Annual Management Fee Rate||0.35%|
|Daily Swap Rate||0.00108%|
Listings & Codes
|Listings & Codes|
Performance i The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. eastern time for most Funds). The vertical axis of the chart shows the premium or discount expressed as a percentage of mid-point.
FTSE MIB BANKS 15% CAPPED NET TAX INDEX
The FTSE MIB Banks 15% Capped Net Tax Index (the “Index”) tracks the performance of the FTSE MIB Index constituents classified as “Banks” in accordance with the Industry Classification Benchmark rules. The Index is market capitalisation weighted after adjusting constituents for float, with individual constituent weights capped at 15%. The Index rebalances quarterly in March, June, September and December.
|Index Name||FTSE MIB Banks 15% Capped Net Tax Index|
|Reuters Index Ticker||.TRIFMIBBN|
|Documents and Links|
WisdomTree Multi Asset Issuer PLC Exchange Traded Products (“ETPs”) are suitable for financially sophisticated investors who wish to take a short-term view on the underlying indices and can understand the risks of investing in products offering daily leveraged or daily short exposures.
ETPs offering daily leveraged or daily short exposures (“Leveraged ETPs”) are products which feature specific risks that prospective investors should understand before investing in them. Higher volatility of the underlying indices and holding periods longer than a day may have an adverse impact on the performance of Leveraged ETPs. As such, Leveraged ETPs are intended for financially sophisticated investors who wish to take a short-term view on the underlying indices and understand such risks. As a consequence, WisdomTree is not promoting or marketing WisdomTree Multi Asset Issuer PLC ETPs to retail clients. Investors should refer to the section entitled "Risk Factors" and “Economic Overview of the ETP Securities” in the WTMA Prospectus for further details of these and other risks associated with an investment in Leveraged ETPs and consult their financial advisors as needed. Neither WisdomTree, nor the Issuer has assessed the suitability of any Leveraged ETPs for investors other than the relevant Authorised Participants.
All rights in the FTSE MIB Banks 15% Capped Net Tax Index (the “Index”) vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE under licence. The WisdomTree FTSE MIB Banks ETP (the "Product”) has been developed solely by WisdomTree Multi Asset Issuer PLC. The Index is calculated by FTSE or its agent. FTSE and its licensors are not connected to and do not sponsor, advise, recommend, endorse or promote the Product and do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Product. FTSE makes no claim, prediction, warranty or representation either as to the results to be obtained from the Product or the suitability of the Index for the purpose to which it is being put by WisdomTree Multi Asset Issuer PLC."