The American asset manager, focused on the ETP market, WisdomTree has listed six ETFs on SIX Swiss Exchange, providing exposure to large and small-cap European, US and, Emerging Markets equities. All will be traded in CHF.
The ETFs, which have a Ucits compliant, have previously been launched on the London Stock Exchange in October 2014, Borsa Italiana in January 2015, Deutsche Börse Xetra platform in February 2015.
The six ETFs track WisdomTree indices with multi-year track records. The indices are designed to be an alternative to market capitalisation-weighted indices, which weight stocks on price alone.
In detail, WisdomTree Europe Equity Income Ucits ETF and US Equity Income Ucits ETF have a TER of 0.29%. Their index dividend yields reach respectively 6.3% and 3.8%. WisdomTree Europe SmallCap Dividend Ucits ETF and US SmallCap Dividend Ucits ETF have a TER of 0.38%. Their index dividend yields are 3.5% and 3.2%.
The TER is 0.46% for WisdomTree Emerging Markets Equity Income Ucits ETF, with index dividend yield of 6.6%, and 0.54% for WisdomTree Emerging Markets SmallCap Dividend Ucits ETF with index dividend yield of 4.4%.
Hector McNeil, co-CEO of WisdomTree Europe, commented: “Swiss investors are leading the charge on the adoption of ETPs as the investment product of choice and we believe we will enjoy the success in this market with the listing of these WisdomTree Ucits ETFs. We have ambitions to be the leading provider of smart beta ETFs to Swiss investors.”
WisdomTree, which has launched its first funds in 2006, is currently the fifth largest ETF provider in the US with $51.2bn in AUM (€47.6bn) as of 06 March 2015.