The UCITS-qualified Equity Income and SmallCap Dividend funds became active on 14 November and will give investors access to ‘smart beta’ and emerging markets.
The funds will operate by tracking WisdomTree-manufactured indices, which the company says provide a more comprehensive alternative to standard market capitalisation-weighted indices.
Both funds are domiciled in Ireland, and are listed on the London Stock Exchange with US dollars as the basic currency.
The ETFs are the fifth and sixth to be launched by WisdomTree in the past month, joining four small-cap and equity income funds – a European and US version in each category – that were floated on 24 October.
Nik Bienkowski, co-CEO of WisdomTree Europe. Said: “WisdomTree’s dividend-weighted smart beta ETFs now cover the three major regions of Europe, the US and emerging markets. Over the long-term, dividend-weighted indices have the potential to improve risk-adjusted returns.”
