Index notice for UCITS index changes
As of the upcoming index rebalance for the WisdomTree Indexes, the following index changes will be applied, as summarised below:
- “Medium-term” earnings estimate change – For WisdomTree Quality Dividend Growth Indexes, eligible companies are ranked using a weighted combination of three factors: 50% weighted to the rank of medium-term estimated earnings growth, 25% weighted to the rank of the historical three-year average return on equity, and 25% weighted to the rank of the historical three-year average return on assets. Companies with negative equity and therefore undefined return on equity will be given a median score as long as they’ve shown dividend growth over the past 5 years.
- “Indicated” dividends update - For WisdomTree Global Dividend Indexes, securities listed in the United States and Canada, their indicated dividend per share is multiplied by the number of common shares outstanding to determine “The Cash Dividend Factor.”
- “ESG screen” quarterly check - ESG screen for the WisdomTree Indexes’ underlying holdings will be assessed on a quarterly basis at the end of February, May, September, and November, unless the index’s rebalance date is less than 2 months away.
- “Median” daily dollar trading volume change - as of the respective WisdomTree index rebalance, security’s median daily dollar volume will replace the average daily dollar volume for purposes of liquidity screening and volume factor weighting adjustments.
- “US exposure” cap change – For WisdomTree Global Developed Quality Dividend Growth Index, the country exposure cap on US will increase from 50% to 60%.
As of the upcoming index re-balance for the WisdomTree Indexes, new Russian securities will not be included in the rebalance process. Given current liquidity and trading suspension restraints, Russian securities held in the Indexes prior to rebalance will remain unchanged.
|
Parent Indexes |
Index |
Fund | Index | “Medium- term” earnings estimate change |
“Indicated” dividends update |
“ESG screen” quarterly check |
“Median” daily dollar trading volume change |
“US exposure” cap change |
|
Developed International |
November 2, |
WisdomTree Europe Equity Income UCITS ETF | WisdomTree Europe Equity Income Index | Y | Y | |||
| WisdomTree Europe Small Cap Dividend UCITS ETF | WisdomTree Europe SmallCap Dividend UCITS Index | Y | Y | |||||
| WisdomTree Europe Equity UCITS ETF | WisdomTree Europe Equity UCITS Index | Y | Y | |||||
| WisdomTree Eurozone Quality Dividend Growth UCITS ETF | WisdomTree Eurozone Quality Dividend Growth Index | Y | Y | Y | ||||
| WisdomTree UK Equity Income UCITS ETF | WisdomTree UK Equity Income Index | Y | Y | |||||
| WisdomTree Japan Equity UCITS ETF | WisdomTree Japan Dividend UCITS Index | Y | Y | |||||
|
Global (including Emerging |
October 20, |
WisdomTree Global Quality Dividend Growth UCITS ETF | WisdomTree Global Developed Quality Dividend Growth Index | Y | Y | Y | Y | Y |
| WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened UCITS ETF |
WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened Index |
Y | Y | |||||
| WisdomTree Emerging Markets Equity Income UCITS ETF | WisdomTree Emerging Markets Equity Income UCITS Index | Y | Y | |||||
| WisdomTree Emerging Markets Small Cap Dividend UCITS ETF | WisdomTree Emerging Markets SmallCap Dividend UCITS Index | Y | Y | |||||
|
U.S. Dividend and Core |
December 13, |
WisdomTree US Equity Income UCITS ETF | WisdomTree US Equity Income UCITS Index | Y | Y | |||
| WisdomTree US Quality Dividend Growth UCITS ETF | WisdomTree US Quality Dividend Growth UCITS Index | Y | Y | |||||
| Thematic Indexes | October 21, 2022 |
WisdomTree BioRevolution UCITS ETF | WisdomTree BioRevolution ESG Screened Index | Y | Y | |||
| November 18, 2022 |
WisdomTree Battery Solutions UCITS ETF | WisdomTree Battery Solutions Index | Y | Y |