WISDOMTREE IN EUROPA
Siamo una società di asset management specializzata nell’emissione e sponsorizzazione di Exchange Traded Product (ETP) che includono le gamme Boost ETP e WisdomTree UCITS Exchange Traded Fund (ETF). Abbiamo quotato i primi prodotti ETF nel 2006 e molte delle nostre strategie indicizzate mostrano un track record superiore ai dieci anni. WisdomTree Investments, Inc. (“WisdomTree”), la cui sede centrale si trova a New York, ha uffici anche a Londra, Tokyo e Toronto.
In WisdomTree adottiamo soluzioni intelligenti per offrire valore aggiunto agli investitori, dimostrando la flessibilità necessaria a soddisfare i diversi obiettivi dei clienti. Nonostante la maggioranza delle nostre strategie indicizzate ETF in Europa si fondi su strutture strategic beta proprietarie, come azienda forniamo anche specifiche strategie di accesso ai mercati quando riusciamo ad ottimizzare gli approcci esistenti.
Gli ETF UCITS di WisdomTree
I nostri ETF smart beta, conformi alla normativa UCITS, si focalizzano sugli indici Dividend Growth, Equity Income, Small Cap, Currency Hedged ed Enhanced Broad Commodities. I nostri prodotti sono quotati su Borsa Italiana, Deutsche Boerse, London Stock Exchange e SIX Swiss Exchange. Per offrire agli investitori la più ampia possibilità di scelta possibile disponiamo di classi azionarie ad accumulo e a distribuzione nei nostri fondi principali.
Per saperne di più sul nostro approccio UCITS.
Gli ETN di Boost
In Europa gli investitori possono scegliere Boost, una gamma totalmente collateralizzata di exchange traded note (ETN) ed exchange traded commodity (“ETP”), disponibile sia nella formula priva di effetto leva che nei formati ad effetto leva e a leva inversa da doppia (2x) a quintupla (5x). Boost è stata la prima piattaforma europea ad offrire prodotti ETP a leva e a leva tripla inversa. Grazie a questi strumenti, premiati con diversi riconoscimenti settoriali, gli investitori possono accedere ad un ampio ventaglio di strategie su titoli azionari, obbligazionari, commodity, prodotti alternativi e valute.
Stock prices can—and do—deviate from their underlying value for many reasons. WisdomTree believes fundamentals like dividends offer more objective measures of a company’s health, value and profitability than stock price alone.
The majority of ETFs are market cap-weighted—meaning they give more weight to companies selling at higher prices than those offering stronger fundamentals. WisdomTree’s dividend-weighted methodology is designed to magnify the effect dividends have on risk and return characteristics.
Dividends and dividend stocks have historically outpaced inflation*, and offer the potential for income, income growth and capital appreciation. In our opinion, dividends can provide many benefits—regardless of the market direction. And weighting by the Dividend Stream® can magnify the effect dividends have on performance.**
WisdomTree was the first investment manager to weight by the Dividend Stream. We do this to provide higher income and growth potential to investors. In the chart below, Professor Jeremy Siegel demonstrates the power of dividends by breaking the S&P 500 Index into dividend yield quintiles and tracking the growth of $1000 from 31 December 1957 to 31 December 2015. Not only did the stocks with the highest dividend yields more than triple the growth of the S&P over that time, they outperformed the stocks with the lowest dividend yields by nearly 600%.
Average Annual Total Returns, 1957-2016. Each stock in S&P 500 is ranked from highest to lowest by dividend yield on 31 December of every year and placed into "quintiles", baskets of stocks, with 100 stocks in each basket. The stocks in the quintiles are weighted by their market capitalisation. The dividend yield is defined as each stock's annual dividends per share divided by its stock price as of 31 December of that year.
*Professor Jeremy Siegel is a registered representative with Foreside Funds Service, LLC. Past performance is not indicative of future results.
Source: Kenneth French Data Library, with data as of 31/12/2015
You cannot invest directly in an index. Index performance does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in the index. Index performance assumes reinvestment of dividends but does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in fund shares. Such fees, expenses and commissions could reduce returns. Past performance is not indicative of future results. Source: Siegel, Jeremy, Future for Investors (2005), with updates to 2012. Each stock in S&P 500 Index is ranked from highest to lowest by dividend yield on December 31st of every year and placed into "quintiles," baskets of 100 stocks in each basket. The stocks in the quintiles are weighted by their market capitalization. The dividend yield is defined as each stock's annual dividends per share divided by its stock price as of December 31st of that year. The S&P 500 Index is a capitalisation-weighted index of 500 stocks selected by the Standard & Poor's Index Committee designed to represent the performance of the leading industries in the United States economy.
*Source: WisdomTree US Bureau of Labour, the S&P 500 31/12/1957 - 31/12/2015
**Dividend Stream is defined as the sum of the cash dividends of all the constituents within the index, which constituent weights determined by each firm’s proportionate contribution to this aggregate number. Payment of dividends does not remove market risk and the potential for principal loss; a company may discontinue or reduce payment of dividends at any time.
In this hypothetical example, the dividend-weighted portfolio generates approximately 30% more dividend income and almost 1% of additional dividend yield than the market cap-weighted option. What's more—it did this using the same three stocks and the same initial investment.
1 Market capitalisation is calculated by multiplying a company's shares outstanding by the current market price of one share.