Deutsche Börse welcomes WisdomTree Europe as new ETF issuer on Xetra

Mar 2nd, 2015 | By | Category: ETF and Index News

Deutsche Börse has welcomed its newest exchange-traded fund issuer, WisdomTree Europe, which has listed six new funds on the exchange’s Xetra platform.

Deutsche Börse welcomes WisdomTree Europe as new ETF issuer on Xetra

Michael Krogmann, Head of Market Development at Deutsche Börse.

WisdomTree is one of the five largest ETF issuers on the US market and has been offering smart beta ETFs there since 2006.

The Xetra listing now also enables European investors to participate in the performance of selected WisdomTree dividend strategy indices.

Commenting on the new listings, Michael Krogmann, Head of Market Development at Deutsche Börse, said: “We are pleased to welcome WisdomTree as a new ETF issuer on Xetra. Smart beta ETFs are increasingly popular among investors and are displaying dramatic growth rates on Xetra in terms of number of products as well as trading volume. The new ETFs from WisdomTree are thus a real asset to our offering.”

Hector McNeil, Co-CEO WisdomTree Europe, added: “Exchange-traded products are increasingly the investment product of choice for German investors. WisdomTree Europe boasts indices that have been intelligently compiled on the basis of research, as well as an impressive track record in innovations.”

With the six new dividend strategy ETFs, WisdomTree is offering investors an alternative to traditional indices weighted by market capitalisation. The indices weight index securities by cash dividends paid and apply this strategy to different investment universes.

Europe, the US and emerging markets are available as underlying markets, with two size segements offered for each market: broad market or small cap. The broad market equity income index family comprises stock corporations which are among the top 30 percent of companies with the highest dividend yields and which have a market capitalisation of at least USD 200 million. The small-cap dividend index family, in contrast, comprises companies with lower market capitalisation from the relevant markets.

The product offering on Deutsche Börse’s XTF segment currently comprises a total of 1,061 ETFs. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.

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