Two new exchange-listed index funds issued by WisdomTree – the WisdomTree Japan Equity UCITS ETF – USD Hedged, and the WisdomTree Japan Equity UCITS ETF – USD Hedged are now trading on Deutsche Borse’s Xetra.
WisdomTree is primarily a Smart Beta ETF provider, using fundamental data to weight companies in the reference index. The new WisdomTree ETFs weight the stock corporations contained in the reference index on the basis of the annual dividends they pay. Companies with higher dividend
yields have a heavier weighting.
Both ETFs have also listed on the London Stock Exchange.
The WisdomTree Japan Equity UCITS ETF – USD Hedged enables investors to participate in the performance of Japanese companies that generate at least 20 per cent of their revenues outside Japan. The currency hedge covers the exchange rate risk of the Japanese yen to the US dollar.
The WisdomTree Europe Equity UCITS ETF – USD Hedged provides investors with access to the performance of European companies that generate at least 50 per cent of their revenues outside Europe. This ETF also offers investors the additional benefit of the currency hedge, which reduces euro-US dollar exchange rate risk.