WisdomTree Europe Equity Income UCITS ETF
WisdomTree Issuer ICAV (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Fund seeks to track the price and yield performance, before fees and expenses of the WisdomTree Europe Equity Income Index (the “Index”). The Index is rule-based and a fundamentally weighted and is comprised of the highest dividend yielding common stocks selected from the WisdomTree International Equity Index (the “Parent Index”) based on a composite risk score screening ("Composite Risk Score") which is made up of three factors (value, quality and momentum) each carrying an equal weighting Companies within the Parent Index are ranked by dividend yield and Composite Risk Score, respectively. Securities ranking in the highest 30% by dividend yield and which do not fall in the bottom 20% of the Composite Risk Score are selected for inclusion within the Index. The weight of each component company in the Index is calculated based on the aggregate cash dividends it is projected to pay in the coming year (the "Dividend Stream") and its Composite Risk Score. The component companies with the top/middle/bottom 1/3 Composite Risk Scores will have their Dividend Stream adjusted by 1.5x, 1.0x and 0.5x respectively (the "Adjusted Dividend Stream"). Component companies are then weighted annually in the Index to reflect their proportionate share of the Adjusted Dividend Stream. Companies projected to pay more dividends and have higher Composite Risk Scores are more heavily weighted. To be included in the Index, securities must meet minimum market capitalisation and liquidity requirements, have paid dividends over the prior annual cycle and be listed on a stock exchange in one of the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland or the United Kingdom. The Index is "reconstituted" annually on the basis of the above eligibility and weighting methodology. In order to achieve its objective, the Fund will employ a "passive management" (or indexing) investment approach and will invest in a portfolio of equity securities that so far as possible and practicable consists of a representative sample of the component securities of the Index. As it may be difficult, expensive or otherwise inefficient to purchase all the securities in the Index, the Fund may also hold shares or other securities which produce a similar investment return to securities in the Index or may invest in collective investment schemes. The Fund may enter into repurchase/reverse repurchase agreements and stock lending arrangements solely for the purposes of efficient portfolio management, subject to the conditions and within the limits set out in the prospectus for WisdomTree Issuer ICAV (the “Prospectus”). Shares of the Fund (“Shares”) are listed on one or more stock exchanges. Typically, only Authorised Participants (i.e. brokers) can purchase Shares from or sell Shares back to the Fund. Other investors can purchase and sell Shares on exchange on each day the relevant stock exchange is open.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 14/07/202010.22
Morningstar categoryEurope Equity-Income
CurrencyEUR
Distribution statusDistributing
ISINIE00BQZJBX31
Inception Date21/10/2014
Minimum initial amount-
Exchange NameBORSA ITALIANA S.P.A.
TickerEEI
Fees And Charges
Custody feeNone
Ongoing charge0.29% of which none is paid to MeDirect
Fund management company
AddressWisdomTree Management Limited Fitzwilton House Wilton Place Dublin Ireland
Manager Name-
Manager Start Date-
Total Net Assets (mil)30.67 EUR (30/06/2020)
UCITSYes
Administrator-

Documents

Prospectus
en 06/05/2020
Annual Report
en 31/12/2019
Semi Annual Report
en 30/06/2019
Morningstar Report
15/07/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-16.20%14/07/2020
3 years-3.31%14/07/2020
5 years-1.47%14/07/2020
Since launch-14/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-21.76
1 month2.10
3 months8.62
6 months-22.15
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-29.60%10.46%--
201910.71%0.73%2.25%5.55%
2018-4.57%8.53%-1.34%-9.51%
20174.73%-0.52%4.21%1.37%
2016-5.44%0.56%3.48%8.80%
Dividend
Date ex dividendGross dividendPayment Date
03/01/20190.1915/01/2019
04/01/20180.1916/01/2018
05/01/20170.1517/01/2017
07/01/20160.0819/01/2016
26/03/20150.1809/04/2015

Asset Allocation
% Long% Short% Net Assets
Stock100.00%0.00%100.00%
Bond0.00%0.00%0.00%
Cash0.00%0.00%0.00%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
24.7716.8915.60
Sharpe Ratio
-0.57-0.070.05
Sortino Ratio
-0.64-0.080.06
Positive Months7.0020.0036.00
Negative Months5.0016.0024.00
Worst Month-19.51-19.51-19.51
World Regions
Region%
Eurozone53.24
United Kingdom33.02
Europe - ex Euro13.56
United States0.04
Stock Sector Weighting
Sector% of Equity
Energy15.98
Financial Services15.57
Utilities13.33
Communication Services12.25
Healthcare11.45
Basic Materials10.59
Consumer Cyclical
7.42
Consumer Defensive
7.36
Industrials4.63
Technology0.73
Real Estate0.56
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
10.22
Closing Price
All key information and documents must be reviewed before being able to Invest.